Debt Management

Selling Personal Possessions

Another option is to sell personal possessions to pay off debts. Quality artwork, stamp collections, electronics, book collections, and oriental rugs sell easily. Be objective when balancing personal wants against financial needs.
There are many ways to sell your personal possessions.

You can advertise in the local newspaper’s classified ad section, on bulletin boards at a nearby grocery store, church, work, post office, or school. In addition, you can hold a neighborhood yard sale. It may be hard to part with some personal possessions. However, if you can't pay your debts, your creditors may ultimately take those items anyway.

Debt Management Strategies
Check Your Tax Withholding
Concentrate On One Debt At A Time
Balance Transfers
Borrow Against Your Own Assets
Debt Consolidation/Credit Counseling
Eliminating Debt And Avoiding Bankruptcy
Communicate With Your Creditors
Borrowing to Pay Your Debts
Selling Personal Possessions
Surrender of Collateral