How to Stay Out of Debt When You Lose Your Job

The economy is finally showing legitimate signs of recovery from the last recession. But millions of people are carrying large amounts of debt owing to long periods of unemployment experienced during the downturn. That experience should strengthen your resolve to avoid the same fate in the future.

How can you stay out of debt when you lose your job? The answer to that question can be given in three parts – what to do before, during, and after a job loss.

What to Do Before You Lose Your Job

Peopl...