ConSigCor
That is what is being repeated all around the country. If someone thinks that they will soon be in this conditions here are some points from a talk show on survival in financial times.
1. Pay those things that you need/have to pay.
a. Rent
b. Insurance life and auto
c. Utilities.
2 Turn in any cars that you can't afford and buy one you can drive.(Buy it on a credit card before you tur the other one in.)
3. If you are out of work you have no credit anyway so ignore the credit cards.
Start putting up dry-goods and canned goods.
The stimulus plan has options for the taxes if you apply and have moved all your money out of the banks. (good idea incase of the bankster holiday at any length).
Perhaps now would be a good time to start making the moves listed even if you still have a job.