Bankruptcy - anyone gone through it?

[Bugeater]

Originally Posted by R8ers

They can't eat you man, don't be scared, it's business and happens everyday.
Get away from debt, rent for a few yrs, act your wage, live well within your means and take care of the things you do buy.

Don't buy new cars, they depreciate 100 dollars a week for the first 4 yrs you own them on a 30k car

30k car
Payments 500 bucks a month
Depreciation 400 a month
Extra cost of the collision 100 per month at least

Shiny car costs you 1000 dollars a month to drive.

No you dumbshit, it does not cost you $1K/mo to drive that car, it just mean he's throwing the payment and insurance money into a hole.