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Is Bankruptcy a Quick Fix for Struggling Americans?

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  • เผยแพร่เมื่อ 24 ต.ค. 2021
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    Since the start of the pandemic, bankruptcy filings have fallen by 40%, but as government assistance runs out, is a tsunami of bankruptcy coming?
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ความคิดเห็น • 21

  • @Snakeyes11123
    @Snakeyes11123 2 ปีที่แล้ว +1

    I unfortunately went through bankruptcy. My own stupidity, in 2018, destroyed me, destroyed my credit score, destroyed me mentally too. I got careless. Bought my first car, was building credit by paying on time, then got a credit card, the downward spiral began. I got to keep my car after I find, I reaffirmed the debt with the courts

  • @frankrodriguezit
    @frankrodriguezit 2 ปีที่แล้ว +1

    I’m almost 100% out of debt!
    Thank u Dave Ramsey and associates 🙏🏽
    I can see the light at the end of the tunnel 🙌🏽

  • @CamelotRecords
    @CamelotRecords 2 ปีที่แล้ว +2

    This was excellent. I love the idea that you interviewed Dave too because I've never heard his account of his initial demise in this context. Genuine, honest, and a poignant piece you've put together here George. Fantastic, thank you.

  • @theforeignerinamerica1817
    @theforeignerinamerica1817 2 ปีที่แล้ว +3

    It destroys your credit score. Bankrupcy is not an option. Use the rice and beans method and snowball method to stay afloat!! Good video!

    • @Doggieman1111
      @Doggieman1111 ปีที่แล้ว

      Some people don't have those options

  • @heydude7796
    @heydude7796 2 ปีที่แล้ว +1

    That Dashboard Confessional joke was even funnier because their song off of Spider-Man 2 was the lyrics of the day on the Dr John Delony Show this morning lol.

  • @karens927
    @karens927 2 ปีที่แล้ว +2

    I've been through bankruptcy about 16 years ago. It temporarily saved our marriage, gave us room to breath. It was only a temporary band-aid not the answer.

  • @bethshallcross5991
    @bethshallcross5991 2 ปีที่แล้ว +2

    I can’t get my husband on board with Dave Ramsey until this question is answered: did Dave pay back the whole $312K after filing for bankruptcy?

  • @bagenstb
    @bagenstb 2 ปีที่แล้ว +3

    Good stuff, George! This series has been great to hear much more about the "why" behind some of things Dave says over and over again. Any chance you can make more than 10 of these? 😊

  • @perfectlymprfct
    @perfectlymprfct 2 ปีที่แล้ว +5

    Dave Ramsey and George Kamel are the Dream Team of Managing Money. Thank you Dave for mentoring and growing a true legacy in him.

    • @jredlitz12
      @jredlitz12 2 ปีที่แล้ว +1

      Thank you Dave for making another mindless drone who’s sole purpose is to shill your product!

  • @millennialsleadtheway5453
    @millennialsleadtheway5453 2 ปีที่แล้ว +3

    Good stuff🤙🏾

  • @roolyfe
    @roolyfe 2 ปีที่แล้ว +4

    Great 😊 video! George I am in baby step 1 with 💯 K of debt 💸 🚂 🏦

  • @jesseparker2656
    @jesseparker2656 2 ปีที่แล้ว

    This was the first time I heard of Dashboard Confessional.

  • @danshilling4240
    @danshilling4240 ปีที่แล้ว

    After filing chapter 7 bankruptcy they weren't to repossess both my car's redemption didn't work they wont work with us.
    If both my cars are gone I'll lose my business my job and my wife won't be able to get to work so she'll lose her job.
    I asked what point was this supposed to be a fresh start??

  • @rmstigerfan
    @rmstigerfan 2 ปีที่แล้ว +1

    Bankruptcy is nature's second chance.

  • @nikchik382
    @nikchik382 2 ปีที่แล้ว

    Loving The Office references 👌😄

  • @scarface11385
    @scarface11385 2 ปีที่แล้ว

    I file for 30k

  • @Macarthurmaintenance
    @Macarthurmaintenance 2 ปีที่แล้ว

    How did the athertons pay off all that debt? Did I just miss that? Seems like the most important part of the story.

  • @crack1270
    @crack1270 2 ปีที่แล้ว +1

    The music ruined the video