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Get Out of Debt! Stories:

How to start battling debt and where you can get help

Talking with Dave Ramsey

Dealing with Debt Collectors

Have a debt question? Submit here, we'll get it to an expert at LABC

Video Extras:

Extended Interview with Dave Ramsey

Reporter Debrief: Melissa Swan on “Get Out of Debt”

Budgets and Tips:

Resources on teaching children about debt from Junior Achievement

Your path to a Debt-Free Holiday Season | Holiday Gift, Budget Worksheet

FAQ’s for getting out of debt | Fair Debt Collection Practices Act

(WHAS11) - It sounds like a very heavy message for such a young audience, but at Money University, the topics of debt and credit are a Tuesday night standard.

Louisville Asset Building Coalition teaches adults how to handle their money, get out of debt and begin building wealth. Along the way they have seen their share of sad stories.

So Nedra Young and her colleagues decided the earlier people learn about money management, the better.

WHAS11’s Melissa Swan sat in at Money University and was told about saving and spending.

Shopping from the Sunday circulars is always a big hit and even 6 and 8-year-olds learn very quickly they can't get everything.

While this is fun and games with a goal in mind, real debt is more difficult to face.

Getting honest with the kids may come when life body checks your bank account. Unemployment, illness, divorce, they can all contribute to debt.

Bobbie Dobson was facing her own fiscal misfortune. For several years she had battled through the financial mess.

She recently started taking a Dave Ramsey Financial Peace University course.

Now, Bobbie and daughter Katelyn are proud of their accomplishments of breaking the bulk of that list of debts.

Now Katelyn is determined to keep their debt down by landing scholarships for college.

Close to 800 people called our Get Out of Debt Hotline over the past two nights. They talked to credit counselors, attorneys, and representatives of the better business bureau.

For more than 9 hours over two nights, the phone did not stop ringing.

The questions covered a wide range of debt issues and the people answering the phones heard a good deal of despair.

The phone lines are closed now but you can submit questions by clicking here and we'll forward them on to a local financial counselor and you will receive a response through email.

More Resources to help you Get Out of Debt:

Louisville Asset Building Coalition

Dave Ramsey's website

Consumer Credit Counseling

Money Management International

A+ Credit

Louisville Legal Aid Society

Better Business Bureau

Debtors Anonymous