How does a person get out of debt in excess of $500,000?
by admin ~ May 5th, 2007 . Filed under: Personal Finance .
ruthlostatooth asked:
A friend of mine is in extreme debt. He already filed for bankruptcy. This is not a good resolution because he has to pay the credators anyway. Is there any way I can help resolve this situation to get out of debt completely in a short amount of time.
Rolland Bosack
A friend of mine is in extreme debt. He already filed for bankruptcy. This is not a good resolution because he has to pay the credators anyway. Is there any way I can help resolve this situation to get out of debt completely in a short amount of time.
Rolland Bosack
May 7th, 2007 at 2:58 am
Look up Dave Ramsey’s stuff. It’s excellent! He went bankrupt and came back using the principals he teaches.
May 7th, 2007 at 4:17 am
dont buy crap you cant afford, and set up an extreme budget of ramen and water
May 9th, 2007 at 10:34 pm
Stop doing what acquired the debt.
To get that debt, someone has some talents and skills that were not properly used.
Use them properly to pay it off.
May 12th, 2007 at 2:11 pm
Wow that is a lot of money. Paying off that amount of money can take a long time. Have you ever tried doing some work from home? I am not going to lie, you will not make 500,000 right up front, but it does over a chance to make some extra money. I have made $2,000.00 in two months, others are making more…. I figure every bit helps. If you are interested, you can take a look at my blog for some working from home tips. If you have any questions, you can ask me at any time.
May 13th, 2007 at 11:12 pm
A person who is that much in debt must have a lot of crap to sell that was purchased on credit. SELL IT. Now.