If your rent is really high see about moving into a cheaper apartment. A person can live without cell phone, cable, and internet. Shut them off if you have too. Most persons can live without a car. If you live in a big city take transit. You save on car repair, and insurance. Make sure you have a life insurance policy. If something was too happen to you how would your wife pay for the debt. I would ask your parents/grandparent/uncle or aunt, for a consolidation loan if your credit is really that bad. Take this as a lesson learned don't do it again.