By: Eag

Eag — Tue, 01 Dec 2009 10:12:29 +0000

Do not declare bankruptcy. It will haunt you for the rest of your life. Please listen to what I’m saying. Do NOT declare bankruptcy. Get off the internet, go directly to the library or a bookstore, and read "The Total Money Makeover" by Dave Ramsey, or "Financial Peace" by him. If you don’t want to buy it, just read it in the store or check it out from the library. Or go to YouTube and search "Dave Ramsey" or "Dave Ramsey bankruptcy" and watch some video clips of him. Those trucks have to go. Sell them and buy a used car. You’ve got to get out of this debt. Use the debt snowball that Dave recommends. You’re going to have to drastically change your spending habits, and live like no one else now (very, very frugally) so you can live like no one else later (financially free with no debt or payments). You don’t need to get more credit after this. That’s what got you into this mess! Get everything prioritized and get serious about doing the hard work of getting completely debt free. Then cut up your credit cards, deactivate them, and only spend what you can afford (meaning cash you already have, via cash, checks, and debit cards). No more credit! No more debt! No more slavery to people you owe! It’s worth it.

Comments on: What kind of Bankruptcy do i qualify for?

By: Eag