Bankruptcy - anyone gone through it?

[R8RFAN]

Originally Posted by Mr. Flopnuts

Credit is a tool that should be used wisely. Just because so many people are unable to control themselves with it, doesn't mean that it is an evil entity. It's a matter of personal responsiblity, and education. I provide both as a means of avoiding a return trip to my office. As far as not respecting the business I'm in, that's fair. It's full of assholes, douchebags, and thieves. Which is why I felt the need to defend myself in the first place.

If you truly are trying to help people then I am sorry if I painted with too wide of a brush.
I know I am weird to most but I see all credit as bad except for a 15 year mortgage with a payment of 25% or less of net income, this enables people to sometimes double up on payments and pay that house off early,become 100% debt free and live on what you make instead of being a slave to the lender.

I was dumb when I got a 30 yr mortgage, but I paid it off in less than 5.5 years.

I was not trying to offend you, it's just you are in business to help people improve their credit score, I am totally opposite, I don't want to have credit and think it is the root to most of American family problems including causing more divorces in America than infidelity

I want to see people prosper, I want people to be able to take a day off and relax without worrying if they are going to make the bills.

[Mr. Flopnuts]

Originally Posted by R8ers

If you truly are trying to help people then I am sorry if I painted with too wide of a brush.
I know I am weird to most but I see all credit as bad except for a 15 year mortgage with a payment of 25% or less of net income, this enables people to sometimes double up on payments and pay that house off early,become 100% debt free and live on what you make instead of being a slave to the lender.

I was dumb when I got a 30 yr mortgage, but I paid it off in less than 5.5 years.

I was not trying to offend you, it's just you are in business to help people improve their credit score, I am totally opposite, I don't want to have credit and think it is the root to most of American family problems including causing more divorces in America than infidelity

I want to see people prosper, I want people to be able to take a day off and relax without worrying if they are going to make the bills.

I wasn't offended as much as defending myself because I know I work in a wacky, bullshit, arena. There are a lot of thieves and dickheads in my industry and I try to set myself apart by example.

Using credit for anything other than a means to an end is a bad idea. Whether you're trying to buy a home, get into investment properties, etc. it's imperative that you have a good credit score. The trick is making your credit work for you rather than vice versa which is how it is for a majority of Americans. My services are results driven, but also provide education and knowledge on how to accomplish the task I listed above. Making your credit work for you. Here's my website. I'm not a consumer credit counselor, but I understand the credit industry and the philosophies behind it. Most people don't.

www.thenegotiationstation.com

P.S - No offense taken. You didn't disrespect me. I just wanted to make it clear that I'm not "That guy."

[R8RFAN]

Originally Posted by Mr. Flopnuts

I wasn't offended as much as defending myself because I know I work in a wacky, bullshit, arena. There are a lot of thieves and dickheads in my industry and I try to set myself apart by example.

Using credit for anything other than a means to an end is a bad idea. Whether you're trying to buy a home, get into investment properties, etc. it's imperative that you have a good credit score. The trick is making your credit work for you rather than vice versa which is how it is for a majority of Americans. My services are results driven, but also provide education and knowledge on how to accomplish the task I listed above. Making your credit work for you. Here's my website. I'm not a consumer credit counselor, but I understand the credit industry and the philosophies behind it. Most people don't.

www.thenegotiationstation.com

P.S - No offense taken. You didn't disrespect me. I just wanted to make it clear that I'm not "That guy."

Good luck to you, If you have the heart of a teacher to teach these people to clean up their mess and stay that way then more power to you.

I am talking about the companies that tell people to intentionally get behind on their bills so they can negotiate lower payments or those charging thousands of dollars to get people out of 100's of dollars claiming they will save their credit and the world will be wonderful again.

Money is simple, if you have more coming in than going out you are making it but if you are cutting it close and living by the sword, you will die by it because rainy days happen.

I blame banks as much as the Ding Dongs that are borrowing it

I think a clearly defined credit to debt ratio should be established in this country and if a bank knowingly goes over it they should get fined and be liable for the balance.
I think credit card companies should have to abide by the same rules.
I dont think a bank should be able to write a mortgage on anything but a debt to credit ratio and the fica score should be abolished.

America wants you to be in debt, take that cash for clunkers scam, first off the car companies raised the prices on the cars say 2500, then they sold the cars and got 4500
As soon as these broke people go into a dealer, they are no longer looking at that cheap car because now they have 4500 more to spend off the bat.
The people traded good cars that were paid for in on new cars with payments.

DUMB DUMB DUMB DUMB

[Dayze]

Originally Posted by R8ers

America wants you to be in debt,

DUMB DUMB DUMB DUMB

I agree 1000%.
Debt = obligation. Obligation (too much anyway) = limited or no choices.

they want everyone in debt so they continue to 'stimulate' the economy. Businesses love it too because then people are forced to eat a sh*t sandwich everyday at a job they hate because they have too many obligations.

[R8RFAN]

Originally Posted by Dayze

I agree 1000%.
Debt = obligation. Obligation (too much anyway) = limited or no choices.

they want everyone in debt so they continue to 'stimulate' the economy. Businesses love it too because then people are forced to eat a sh*t sandwich everyday at a job they hate because they have too many obligations.

If you and your wife get on the same page you will succeed, just never forget how you got to this spot, you can in your mind blame your life, your job your anything but when you look deep down inside you did exactly what you wanted to do and it bit you in the ass.

Now you can sit back and be bitter or pull yourself up by the bootstraps from the hole you dug and learn from the mistakes you made and never let yourself ever get in that position again.


I am pulling for you because if you want it and get rid of ALL debt and don't make anymore until you buy your house and make that house your only debt... you will be fine