The truth about credit card debt

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Uploaded by on Oct 23, 2008

www.Savedme.com 800-728-3363 800-SAVEDME. Bankruptcy Attorney Jamie Ryke from the Law Offices of www.FreeBankruptcyEvaluation.com talks about the Truth about Bankruptcy. You can speak to him directly.

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Uploader Comments (bankruptcyattorney)

  • I had bad credit card debts (around $100k) for a couple of years (since last missed payment). I've changed my tel number and address and no one is bothering me..

    SHould I apply for bancrypcy? or hold tight for 5 more years or so untill they go away from my Credit report (Transunion and Equifax) WITHOUT the Bancrypcy?

    In another words: would these bad debts and collection agency calls and Inquiries stay for ever (if i didn't apply for Bancrypcy)?

  • @adnang123 The debt never goes away if you don't deal with it. you either need to file a chapter 7 or do debt settlement.

  • i'm trying to decide what i want to do after lawschool, i'm going into 3L... uh well i took a extended vacation after 2L.

    But you make this look actually good to go into.

  • @shakaama Thanks I think. I really don't need the competition.

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All Comments (12)

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  • I only clicked like as i think he`s rather dishy!

  • @adnang123 dude 100k.. my heart goes out to you dude... hope you get it all sorted dude.

  • Very good video you have :) It's good for all of us who needs an answer in this area of topic thanks :! Watch my videos !!

  • Here's my trick that me and my wife do, we always and I mean always pay our credit card off before the end of the month, and.....no interest. There's more, we use are credit card for almost everything, don't use cash much, because we collect the air mile points which can be redeemed as cash, we just redeemed $500 into Home Depot $50 coupons, and use it for home inprovements. Which in-turn icreaseas our homes value

  • I bet this guy has saved many people from sticking their heads in the oven. Have you ever heard of the movie Maxed Out?

  • Why are you scared? Come on man.

    Be a man, and remember that God did not intend for you to be scared through life.

    If you can't pay, then don't worry about it. Pay for your shelter, your food, and your basic bills. I have gone one year and not paid them. All they do is harass me, and they do it illegally; they have judgements on me, but they will never collect.

    If you need credit down the line, then play the game and throw them a bone.

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