First, you might try to lower your use of credit cards and cut down all luxury or nonnecessity purchases. You then should consider developing a budget. Most people do not realize that they live beyond their means or how much they currently live beyond their means. A good budget plan can be a real eye-opener.

Additionally, you might consider contacting several of your creditors to see if you can reduce the annual percentage rates (APR) that are burdening you with excess interest. You might also consider speaking with an attorney well-versed in credit, debt, and bankruptcy law to see what are your available options.