Don’t panic or ignore your debts. It’s especially difficult when you have health challenges, but ignoring debts only makes them worse. The late and overage fees start piling up, and the interest rates may skyrocket. If you continue to ignore your debts, you’ll start to receive calls from collectors, and you may even be sued. You’re far better off facing your debts, no matter how hard that seems.
Don’t keep spending on your card. Every time you use your card, you’re promising to repay the amount spent. As soon as you know you will have trouble paying off your cards, you should stop adding to your balances.
Don’t use costly or unscrupulous debt relief companies. You don’t need someone to be a go-between for you and your credit card companies. You can talk to your banks yourself, without paying someone else. Avoid companies that tell you to stop making your minimum payments, especially if you don’t want your credit history to be trashed.