Unsecured loans for a business. So, just for today, put down the credit cards, put the checkbook on the shelf if there is no money in the account, and don't incur any additional unsecured debt just for today . Tomorrow, resolve to do the same just for that day. We recovering debtors generally find that in the beginning we need to focus on the here and now, and we always remember that we have to work this program one day at a time. Under some circumstances, secured debt is consistent with the principles of Debtors Anonymous.
Examples are home mortgages and auto loans.
Many of us are so overwhelmed with debt that we don't see how we can live without more debt. The most important thing you need to do in starting to work the recovery program of Debtors Anonymous is to make the commitment to avoiding any form of unsecured debt. In Debtors Anonymous we maintain records of all of our income and expenses. The way most of us do this is that we purchase an inexpensive pocket-sized notebook and record everything we spend, and the purpose of the expense, either immediately after we make a purchase, or shortly thereafter if we can save a receipt. Later, perhaps once to three times a week, we transfer that information to some form of spreadsheet, either on a computer or manually.