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Credit Card Debt, Bankruptcy,& personal finance for doomers

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Uploaded by on Jan 13, 2009

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Options for people in debt

  • likes, 16 dislikes

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  • I disagree. You have to borrow as much as you can. Pull all the equity out of your house. Spend everything on gold and stash it. Then yell: I'm a victim, bail me out.

    If you don't get bailed out , it means you're bailing out someone else. Don't be a sucker!

  • Financial: Those credit card companies are gonna be offering free Blow jobs to sign up for new cards soon*

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  • ty

  • Thank you for this great video,

  • if they put a lein on my home and a few years later i get an ingertance, could they go after the money in my acct AFTER they sue me and put a lein on my home?

  • I agree that bankruptcy isn't a great option. Where your debt problems are caused by credit cards, there may be a better option. You can fight the damn things when they try to collect.

  • You are so good in this video (haven't watched the other ones). I like your video. Keep it up. I know over 100k Canadians are filing bankrupcy every year, so bankruptcy becomes more common with people saving less or none and buying more on credit. There is so much freedom in using cash only... cash is king, credit is slavery.

  • Bankrupty is RARELY a good idea. The behavioral problem of fiscal irresponsibility is not addressed when people look for the easy way out.

  • This video is pretty interesting, does that make me a nerd? We might be able to work together. I help people who have file bankruptcies get a cash settlement

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