erichonda30
Banned
imported post
DVC wrote:
DVC wrote:
the only debt i have is credit card on 1 card and $5000 of that is from the irs because i took out my annuity to pay my truck off which i automaticly paid 20% fed tax the day i took it outkdt1970 wrote:He has a truck worth FORTY THOUSAND DOLLARS. He only owes a fraction of what that's worth, so selling it would clear the books AND give him thousands of dollars more than he owes to put in the bank!DVC wrote:Well, unless someone held a gun to your head, you are the one who put yourself into debt in the first place. You are the one who bought a truck worth 4 times that debt,
This kind of logic is all wrong. Im am sure this person bought these things while employed and was able to make the payments, then life happened and he lost his job.
If this was the way everyone thought, then nobody should ever but a single thing, just incase life hits you and bankruptcy is your only option.
It doesn't matter how employed or unemployed he is -- HE put himself into debt Instead, he is condemning the banks that loaned him the money that he asked for.
This may not be as far, but it is certainly the same road as someone hiring armed bodyguards, then condemning guns.
BTW, I am just as unemployed as he is. I have no debt, only monthly expenses. I have no credit cards, only a debit card that works like Visa if I need it to. I don't buy stuff that I can't pay for, and I follow the dictum of "Love people, not things" -- I'm selling off stuff that I don't need. I'm getting by, and I don't have collection agencies after me.
If I can do it, he can do it, and I didn't get to start with a $40,000 truck to sell at the beginning of summer. I've never even owned an AIRPLANE that cost $40,000!