<prompt> Human: Im sitting on 50k of credit cad debt. I had to pay the bills after losing my job plus had some to start with. Im making good money now but cant make the minimum payments. Never thought I would be here but here I am. Suggestions?My salary is 115,000. I have a house and car but only 20k in equity in the house and maybe 5k of equity in the car. 70k in student loans plus a wife and two kids. My credit has gone down a lot, Its around 600 but it used to be pretty good. I am short about 1,500 at the end of each month. All credit card debt is around 30 apr and is spread out over 7 cards.  <response>: Sounds to me like you have a budgeting issue. Even if the credit card debt was completely wiped out you would still barely be keeping your head above water. I would suggest first making a complete budget. Where does all your money go every month? How much do you spend on mortgage, loans, utilities, food, entertainment, shopping, cars, travel, etc. If you can cut spending you should be able to pay off this debt no problem. 