With the recent recession still very fresh in the memories of families across the nation, more people have become consciously aware of the debts that they have accumulated. In social media there are more and more stories appearing about how a couple paid off their credit card, medical or mortgage debt in X-number of months or years.
For instance, a recent story appeared in which a couple shared how they got into $20,000 worth of credit card debt. For this couple, there were a combination of factors that contributed to the large number. The wife took time off to care for their three children, they had some unexpected medical issues and bills simply became harder to pay.