I’m Drowning in Credit Card Debt
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I was also expecting a bigger number. But this goes to show that debt brings unnecessary stress
Yeah it seems like they can clean this up quickly
Very true. This call proves what Dave Ramsey always talks about is correct. ALL debt has stress attached to it. So even 15K in cc debt can stress out someone who makes 70K a year. No matter how strong the chains are, you are still a slave and it affects you mentally and physically when you have debt.
The problem with credit cards 💳 once you fall behind on one
All of the others jack up your rates to 30% even though you aren’t
behind on them , so they really force you into default
@@vickieclark5931yep Even when you paid off your home.
Thanks to Dave. Mr. Dramatic.
They have 5 kids and a $2100 mortgage…the problem is not the credit cards.
Too many rug rats!
They have $6,000/month income, plus 1 of their children is a high school graduate and works (which even if they don't charge her rent, she can be buying all her other stuff.) People live with less disposable income, they just need to make a budget, and cut out stuff that doesn't fit in their budget.
It's the kids! Sell them and move on.😂
@@thelogicaldangerexactly. Very doable. Just have to sit down and get it done
@@samanthalake5011😂😂😂😂made my day
“How many kids you got?”
“5”
Ahh, now we understand your financial woes
And a wife....OH BOY!
Exactly. Teenagers are expensive. I've got two. Can't imagine five.
My twins (son and daughter) are 23 years old now and they both went off into the military at the same time and when they both left I instantly noticed an extra $1,000 a month at the end of the month. I never noticed how expensive kids are until they were gone, but my daughter was way more expensive than my son.
Sell the kids. Beans and rice.
@@christinebutler7630 lol
Dave saved me big time. Snowball/Avalanche I had never heard about or even bothered to research. All I knew was that I was $101,000 in credit card debt and loans. I challenged myself and started on the highest interest rates. That was 2021 and today I still owe 15k but it’s all zero interest until I pay them off.
👏👏👏👏
Hell yeah man!
How did you negotiate with the credit card companies to accept an interest rate reduction? They told me to kick rocks…
@@angelofratantoni8170never said they got their rates reduced. Just said the 15k is 0% interest. Could've been a balance transfer to 0% introductory card or something like that
Congrats man
$15,000 is nothing man. Get organized, get disciplined, and pay the debt off
Get a bloody budget. Sit down together and go through everything with a fine tooth comb.
Fifteen thousand is a lot When you can't make lots of payments.
Dude he said he has 5 kids!
Very encouraging words.
If he was a single, yes but with 5 kids it's a lot.
Don't spend money you don't have on crap you can't afford to impress people who don't care
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$15,000 ?
In the grand scheme of things, this is peanuts.
But if they’re paycheck to paycheck , then $15,000 seems overwhelming. Especially if you make a $50 payment and interest back on it is $40 ! 😮
@@cjhoward409 They paid a shyster lawyer $750 (5% of their total debt) for no good reason. They're not financially savvy but at the same time they're not nearly in as big of a hole as he's making it out to be.
Since I started listening to Dave. I've been aggressively dealing with my debt. I'm now 20% of cleared debt. No new debt. I really appreciate your lessons. Thank you to all the people at the Ramsey show. I'm your viewer from Nairobi, Kenya.
Awesome. I’ve been checking my money too.
Same!
Keep going bro. I Started this 5 years ago. It's changed my life.. I promise once you pay off your debt. And save up 3 months Emergency Fund. You will feel better and sleep better at night.
Took me and my wife 2 years to pay about 15k combined debt. Beans and rice, when you’re feeling fancy rice and beans.
With two incomes. My $15,000 CC debt was paid off in 3 months alone
Or beans on toast
@@TheFauve4ever 🇬🇧 👏🏻
That is true. I said to my partner we’ll go to McDonalds or Subway *when* we’ve paid the cards/loans off.
or be on a diet, most ppl are overweight in this country anyway, might as well save $$ n eat less, saves a ton cause grocery inflation is crazy nowadays
You get out of this easily with the right mindset. Sacrifice and discipline will pay off.
The money they wasted on the lawyer, could have paid off some of this debt
5% of the total and probably all of at least one credit card
This man is blessed five kids two are teenagers he just gotta suck it up and go at this debts emotionless and change he’s attitude and way of living financially.
The two teens need to get jobs.
I was nodding my head saying it wasn't do bad until he said he had 5 kids ouch.
5 kids has nothing to do with it.
There is a couple on TH-cam who have 14 kids and no debt. Lack of planning is the problem
The 5 kids is what really expensive, there are definitely people doing worse than him.
Not all are his either. Got what.he signed up for.
Hired a lawyer to fight a $3k collection debt?! 🤦
when he’s earning double that a month too lol
Just stop paying and don’t answer calls until they offer a cash settlement at less than 50%
LOL, like hiring an electrician to screw in a lightbulb
@@CurieBohrright
@@bigcahuna42366Yes, you probably know everything
This dude sounds likes he's on the verge of ending himself. Hope he gets out of it
With 5 kids it will always feel as though theirs know financial relief
Don’t get me wrong things suckkkk right now but people are drowning because they chose to live beyond their means, it really is as simple as that. Everyone has to have the nice clothes, nice car, nice house etc. If you bought used Toyota or bought second hand clothes and a smaller home I guarantee you your life would a lot better but that’s not the life you want.
I think people (mostly males) do that because they want to impress the gal. If they actually live within their means, they either are on verge of being divorced or they are on their way of being divorced.
@@wewhoareabouttodiesaluteyo9303sounds like something to share with your therapist.
And the life you don't want is NOT better
nah you'd have a boring af life
I agree, everyone still wants to live the American Dream like we are still in the 1960s (5 kids and a mortgage).
Everyone thinks daycare is expensive, but teenagers are on another level financially 😅 4K leftover after the mortgage is nothing with 5 kids. Groceries alone these days for a family of 7 would be north of 1k a month.
I’d probably double that number for 7ppl just for my fiancé and I is around 5-600$
I actually went to Aldi the other day thinking it’s cheap to save, 1/2 cart and 180$ 😬😫😳😩
@@weldinggirl the weird thing is that it’s the most expensive for one person (around $400 min) because basic household items stay the same. Add on another €100-200 per month per person.
@@kara2162 it’s ridiculous I don’t like going to the store anymore 😭😭
lol. We spend about a grand a month on groceries for a family of 4 now! That’s with me eating out for lunch and the kids eating school lunches.
@@grantv2313Me and my wife solved that partly by adopting two kids. The money we get for them monthly helps a lot
People are really harsh. You don’t know the details of why people are in the difficult situations they are in. I wasn’t raised to know anything about budgeting, meal planning, how debt works etc. I had to learn and learn and learn again. The hard way. I also have a rare genetic disorder that makes things harder for me than most people. Not everyone is blessed with the same knowledge and abilities that you have and a little grace towards others goes a long way.
Average interest rate for cc is 20~30% now. If someone has $15,000 cc debt with 25% interest ris $3750 (apy) which is $312 per month interest ONLY! He needs to get on the serious budget before that cc debt become $20k.
I was in that exact scenario, the day I looked at the principle vs interest on my payments was the day I threw everything at it. The Principle wasn't going to be touched for 4 years if I hadn't listened to Dave and done that
This guy gets it
Drowning in CC debt with $15k…that’s hardly drowning 😂😂
Technically, one can drown even in a puddle.
With 5 kids it is
@@wtk6069 The unluckiest person out there
Sounds like stress free living to me 🤣🤣😂😂
The problem is they have 5 children...
They should have more. The gift of them is more important than any debt. Please have a heart.
@JustinCase780 kids are awesome, I agree! But $6k a month is extremely low for a family of 7. That's why the math doesn't add up.
More Americans is the worst possible thing for the world. @@JustinCase780
@JustinCase780 This is not a heartless thing. This is a commo sense. People can keep bringing kids to a world full of bebt, they need food, shelter, education and more and that cost money. You cant feed a belly with just love.
@@mariorta5017 I know. I already replied to the previous commenter that it was sarcasm but they deleted it. 🤔😂😂
Hi Ramsey, you are a true blessing to the world. I am your ardent viewer from Ghana, West Africa and i'm here taking notes of life changing lessons from your callers. I am currently on "baby step 4" where I invest 30% of my income in retirement. I feel much better on how things stand now. Thank you.
Yes keep at it!!!!
Well done! 👏🏾👏🏾👏🏾👏🏾
The dangers of having credit without any financial education.
Seems like the attorney is the one scaring them.
His billboard on I-35 brings 'em in!
Good catch. Probably true.
And cut the credit cards up do not use them
Having 5 kids is a bad idea for most people
90%
I haven’t paid interest in 10 years
$0 balances on my cards 💳
I pay the balance off NIGHTLY.
No revolving balance EVER
Cash is King
Sell the kids or downgrade to used ones. Eat rice and beans. Work additional jobs while you sleep.
That is hilarious.
@@Marine1truthlol
The issue y'all missing is this dude has 5 kids...you really think he can tackle that debt with 5 kids?
I did the Dave Ramsey method before there was a Dave Ramsey method. Took me about 3-4 years to pay off all of our debts and another 11 years to pay off the mortgage. Hubby and I have been debt free for 17 years. We invested our money and are worth over $1 million now. It can be done!!
Same here, his plan works
Rice and beans and they could easily pay it off in less than 12 months.
5 kids tho.
@@Shortballa11 oh, maybe 24 then
@@Shortballa11Make the kids work
@@gedecandra7722he didnt mentioned the ages, bt the fact they are still school is likely only one is of age to work if any. And if you make them work that also means you gotta get them a car so they get to and from job. Which means another insurance bill as well.
The kids need nutritions so that they can do well at school.
Jesus.. call these collections agency and settle these debts pay only 40-50%. Why did they even hire a lawyer when they could do settle everything for less smh
When you have 5 children those are BIG NUMBERS. I've had one credit card since 1964 and have never paid interest or fees, always paid it in full every month.
I got 50K in credit card 💳 debt 💸 ! The American 🇺🇸 Dream 😴
I hear ya. Working to pay mine off!
Same. I'm debating if we should file bankruptcy or try to pay it off
🤣🤣😂😂
@@princevinny0073
Are you in the same boat ? Or just think it's funny?
@@bribri7344 yeah but not 50k in debt more like 16k debt and i only make like 300 bux weekly and its nearly impossable to pay off
I have $700 on a card and it makes me ill :(
The whole real estate field is full of crooks. They will never fully disclose all the info regarding mortgages. Many lenders don't ever mention yearly home assesments or additional taxes...and before anyone says "you should have done your research, you should have asked questions" you can't ask what you don't know! I'd like to use that same logic when you go to the doctor and are expected to know everything too.
I hear what you're saying but as the biggest investment of your life you should know everything inside and out. Ive seen plenty of young first time buyers just going in blind and falling in love with a property and ignore everything else. And if you're not gonna look into anything then pay a third party to read all the literature and it explain it to you.
You need to take personal responsibility and do your due diligence to the best of your ability.
It would not be better to just buy housing much less than one has the income to support. For example, on my 40K a year income after tax I have about 2,400 per month so the wisest decision in my opinion would be to buy housing at $500 to $800 a month not even approaching the 1K even mark!!
@@donaldlyons17 its not the mortgage itsself that's the problem..if its 30 year fixed..its the taxes in my case🤦🏻♀️l'm in California so u know death!
@@YouSoCute2000 ok renting cheap worked in the past so why not buy cheap but I know in some places that is impossible
I had 7,500 in C.C. debt and went on SSDI . Took 5 years at 125 a month to get rid of .
5 kids is were the money is going
Kids are expensive
$15000 debt? Thought he was going to say much higher. Pay it off.
I expected $70k. Pay that off tomorrow.
I would not have even offered so much in the first instance, maybe offer 50c on the dollar and see if they nibble. For such a small balance, that is not really worth their time, they may jump all over it. Certainly that lowball should work once the debt has been sold onto a third party collections.
The problem is not the credit card debt amount, but $2100 for mortgage while only making $6000 with 5 kids is the problem. I am making about the same but my house payment is just $1100 with only one kid and I already feel my budget is tight.
My rent is 1700 and I make around 4k a month and I feel the pinch
My rent is 2150$ and if I look to buy mortgage in south Florida is extremely high about 4-5k. Where am I suppose to live if cost of living so god damn high. And having credit card debt. I can’t move and leave state because I have a good job with pension that I wouldn’t want to leave. America just f up right now
@@31752samsung $2150 for rent is a lot. It is always a good idea to buy a home as long as you can afford the mortgage payment. My first home is not in my desirable area but it is affordable. I paid 250k for it and sold it 7 years later for $500k. Thank god I purchased it early.
Stop making babies dude !
Just had one kid and…. Maybe gonna stop. It looks like it can get pretty expensive.
I put my mortgage payment on auto paid on the date I chose
And never missed a payment plus paid extra to the principal to paid off in 8 years on a 15 years mortgage.
That's quite a story, you should be very proud of yourself
Lol I love Dave's clear distain for credit card collectors. It's hilarious. 😂
I hope everyone that is doing better now then 3 years ago, votes for Biden\Harris in 2024.
In 2014 I had $20,000 of debt. $10,000 on a truck and $10,000 in credit cards. And I paid it off in 4 years making $20,000 a year. You can do this!
Any advice I'm currently 19,500 in credit card debit each one with a 27% interest on 4 cards and currently make aroujnd 20k a year
@@SullivanDickenson Yes, stop using credit cards! Your 27% interest rate tells me you're missing payments. You'll never catch up if you keep using those credit cards. Instead, put some money in your wallet, and pay cash for EVERYTHING you buy!
@@SullivanDickenson How are you only making $20k a year. Get a new job and add a 2nd job.
Oh gosh I do this and have 4 kids as a single mother with this income . I had way more debt
4 kids? Damn girl. Didn't notice after 2 that your guy wasn't worth a 3rd?
Please stop telling people to negotiate settlements on their debt. They have a moral obligation to pay for the goods and services they received.
Dave filed bankruptcy when he was getting started you think he cares about some moral obligation lol
@loriej9297 As someone else in the comments said, A lot of that which is negotiated down is going to be interest that has accrued, not what they actually owe or bought originally. If they can get a settlement on their debt then most likely they will be paying most or all of the principle, which is basically what they paid for the items in the first place.
i live in texas as well and ive had collections calling me for years over a $400 medical bill that i refused to pay out of principle (1 hour stay in emergency room and an IV drip i paid $200 out of pocket and insurance paid $1800, but they still billed me for an additional $400. im sorry but $2k/hour for medical service is my limit, and so refused outright to give them another dime). it isnt even like i cant pay it, i have around $200k in investments and bring home a decent wage (~$90k/year). dont let debt collectors scare you. they cant do anything.
Hmm. So next time you go to that emergency room, you’ll be waiting on billing to pay that up instead of receiving care.
@@CurieBohr In almost all hospitals in the US, emergency rooms can not legally refuse care for any reason, including someone owing them money.
@thelogicaldanger9238 For life threatening conditions only. You can't show up with the sniffles and insist that you are owed care under EMTALA.
That said, Tito may be leaving out some details, like the hospital is improperly charging what is agreed to be written off under their network billing agreement. The numbers sound about right on that. If that's the case, Tito could have gotten their insurance company to duke it out with the hospital. Possibly still could. We had 2 bills pulled back from collections after our insurance company pulled rank. Hospital billing is not used to people knowing their rights and calling in the cavalry. Most people just pay.
They can't sue you and take you to court
That $400 you won't pay is lowering your credit score, and that's costing you money (in higher interest rates) for everything you're not paying for in cash. That $400 debt is the reason your not paying the lowest rate of interest on your credit cards.
Hate to say it but a lot of ppl are going to be in the same situation in a few months w/ bigger numbers.
Simply because they don't know how to live in their means they live way out of their means
Christmas/Debtmas. Glad I don't celebrate holidays 😊
4 kids + credit cards in 2023 you need $500K salary.
They are either disorganized or not combining finances. It doesn't make sense
Thank you someone said it excuses excuses I’m a single mom of 4 and I do the same or less a salary than this take home
Sounds like both.
Yeah, you think she married him with her two kids for her to keep paying bills? 🤣😂🤣😂 He pays all the bills, her money is her money. The child support she collects from the prior guy is her own money. She got knocked up by the alpha and dumped all her trauma and bills into the new guys lap. Now this poor guy is about to have a mental breakdown.
Also Get rid of this lawyer.
Teenagers down to 7
Then gets asked how many are in daycare 💀
Some kids go to after school daycare. So that would count as daycare costs for the parent if so.
@@Sheryl777but much less
@@thefunfam1433 👍
He lives I Austin, TX Get him on financial audit 😅 Caleb Hammer will set him straight
Love The Hammer!
Wearing a ragged out T shirt too. Him and that dweeb in Cali dress out of their dirty clothes basket.
He is priced out of Austin.
15k is doable to pay off in less than 2years
seemed fine until he said 5 kids. 7 humans on a take home of $72,000/year
Kids come with a lot of expenses that are not considered debt.
8:47 LOL
First mistake was thinking $6k/month is enough for a house
Too much house for the income.
$6k a month net is around $100k income a year gross. I assure you the majority of homeowners make that or less.
@@eggsinsideme I assure most homeowners are in the verge of being homeless If that's the case. If the state decides to increase taxes, guess what happens if you don't pay? If you live in an area that has laws and fines you for not keeping the property up, guess what happens if you don't pay? There's almost a guarantee you'll have to put a couple thousands dollars yearly into it for one reason or another, if you can't keep it up what you thought was an asset is a depreciating liability. What if the car goes down and you're not in a metropolitan area, you just decide to walk it out or get a new whip? Got kids? Better post the OSHA guidelines throughout the house because one medical emergency ruins everything
I pull $4K/month on my own. I know exactly what I'm saying. $6K/month ain't enough. If I had an extra 2,000 coming in monthly I'm getting a nicer apartment not taking on a bunch of dumb debts
@@eggsinsidemeyeah but they have 5 kids I'm not sure it's enough to even make savings
@@eggsinsidemeexactly
I wouldn't considered $15K as a big debt. Stop eating out, stop shopping and you'll knock that $15K out within 2 years. Like Ramsey said, "Use the snowball effect, start paying off the smaller credit cards debt first and then move up".
oh it shouldnt even take that long. with a $2100/month mortgage and a $6k/month income you should be paying off $15k in like 9 months.
Two years!!? More like 6 months or so as we shouldn't drag this out any longer than it has to be.
I understand that credit card companies are scum but if you spent the money, why then can you negotiate later to pay pennies on the dollar for your debt? How is that fair to those that pay their credit cards in full? Not trying to hate, just trying to understand.
thats not how debt works
his credit wil be hurt and that is the punishment
I see no reason to hate someone because they are stupid with money.
Can only I think negotiate what is owed when the cc sells to a collection agency the debt. Also alot of what is owed is interest I imagine.
Irritates me too. So I work hard to legitimately buy the stuff you see me with, and then some other clown buys the same stuff then whines and gets it "forgiven" which is just a write off pushed to the rest of us and further a tax break (it reduces their profits). Cry me a river.
I went through credit card default over a decade ago after a tornado destroyed my home and nearly killed me. I found that most of the time, once credit cards become late, the companies begin to load up your debt with the sky-high interest and other crazy fictitious penalties so you about double what you owe in no time. That way they can settle for half and still get about what you really owe.
They have 5 kids.... where do you think their over spending in texus making 6k 😢 should of stop at 2 to fool below this comment.... it will cost you 250k to raise a child
He chose to produce five kids
What’s wrong with that?
They aren’t his kids 🫣
He produced zero kids. She chose to produce them with another man before meeting him.
Poor dear.... But 15 k is not that bad these days. Kids are expensive!❤
5 kids. Why didn’t Dave tell him the cause of his money issues?
I have a couple of Aunts in El Paso; Texas and they always tell me to buy a house out there. I live in southern California, and I looked at houses there in Texas and I have seen the property taxes. The new houses are spectacular for the price, but my God the property taxes are outrages.
We don't be taxes so they grab it from the property.
$15,000?! Ha! Amateur! Try $36K!!! Almost done too! Only 2 cards left!
Get it, man! 👏🏼👏🏼👏🏼👏🏼👏🏼
Mortgage is a bit high for their income.
Yes, our mortgage is
No it's not.
With five kids.
In Austin Texas
@@robloxvids2233Do you live in a cardboard box?? 5%??
why not make the little payments you work.. i can understand 1-2 behind but all of them.. i think they froze in time under stress if they had even 3 kids less i feel he would be out of debt
Dude: “They range from teens down to age 7.”
Jade: “How many are in daycare?”
😑 Thanks Jade. Adding value.
I said the same thing. What she should of asked if any were in before/ after school programs
LOL I just said that
i remember when Dave would teach responsibility for your actions, now he is talking about settling on the debt.
He's always advocated to settle on collections.
Did you miss the part where he said you owe it, you lose, pay it.
Collectors can definitely be scum, but what does that make the people hiding/trying to skimp out on their self-made financial irresponsibilities?
I'm much less worried about some dude who owes $1,000 than the rich taking millions from us
@@kbanghart No one's "taking" anything from you. Be less dramatic.
@@Knyght100 oh, you're one of those who loves the rich not paying taxes like the rest of us. Good job 🤣
@@kbanghart People being accountable for their own financial irresponsibility's (my actual comment) has nothing to do with personal/corporate taxes. Keep grasping at straws 🤡
I wonder if he could go to a debt consumer counseling and get the interest stopped and pay them off for 24 months. I don't know if they do that in Texas , they do that in California. That's what they did with me. Actually I have never heard Dave talk about Credit Consumer counselors and just realized that. Although it was a long time ago I had around 4000 in credit card debt , went to their agency and they had all my interest stopped and charged me 171 for 2 years and my debt was gone. I don't know if they still do that but it was like 20 years ago. Prevents bankruptcy but they told me it does put a notation on your credit report and you can't get any new credit for 2 years while your in the program. But they get rid of your interest charges. So I really was pleased with it.
I think their official position is to avoid it because it’s just “moving debt around”. I’ll say though that seems like a good way to do it to me.
I don't think it is right that he does not pay the full amount he owes. It is stealing to do this. People doing things like this means that everyone else pays. On what planet is this ok? I know you feel sorry for people, but he borrowed the money, and he needs to pay it back.
Like Bidens free student loans?
This guy orders a 10 piece chicken nuggets and gets home and realizes they only gave him 9 pieces and tells everyone he had a rough day. 😮💨
Once your subconscious mind perceives the habit of overspending it is hard to stop. You need to set a limit and work on reducing the debt to avoid paying high interest rates to the banks
Way too much house payment and a lot of mouths to feed. Can see the problem although $15k is nothing, I’m surprised he isn’t at $50k.
yall gonna put out the video where dave throws George under the bus about withdrawal rates or what????
I think they're trying to brush that one under the rug. 😅
What happened?
@@NWI_Steel he basically threw George under the bus and said “stupid” when George made a comment about retirement withdrawal rates. Just google it. Ramsey team didn’t post the clip.
you can tell they are lying if their mouth is moving. 🤣🤣
Am I the only one who thinks is immoral to get this lower settlements? You borrow the money you pay it, just like Student Loans
Yes. But if you ask and they agree, it feels different. To me, at least.
I think it’s immoral to judge someone who may have been overstressed and dealt a bad hand. It doesn’t come out of your pocket lol
Hi, thank you for all your help. I leave in Texas and they put a lien $4,000 on my checking account. Am scared they might put a hold on my income taxes
Use your head and start paying off your debt. You're not that bad off.
I knew all 5 were not his dna! His voice gave it away.
Human ATM. SMDH.
Thinking the same I’m guessing maybe only 2 is actually his
Get a weekend job and use the extra $500 per month you make towards paying it all off
Why do people even have so many credit cards I’ll never understand this 🤦🏽♀️ I think the most anyone should have is probably 3 cards max!
That's why...too many kids....I'm in the same boat....just nothing close that credit card debt
But at least 1 is a step kid so mayne child support too?
Lol stressing over $16,000?
There should always be more clarity on these videos if salary amount advised is after taxes or before
I’m a diabetic Dave. I can’t have beans and rice to destroy my A1C
Glad the caller brought up tax on the house. So many are in for a rude awakening when the city comes around and reassess thier FOMO home. Shouldn't have bought until you see something withing the 25-28% range. I'm sure he was listening to this podcast..telling him to hurry up and buy now.
I want to see Dave ramsay have to fight a leprechaun in order to stave off being dropped from the moondoor, like in game of thrones.
I’d like to see him locked in a room full of gold overnight, OH THE HUMANITY!
as this show knows, most only tell about half the truth, hes got way more credit card debt !!!!
I wish Dave Ramsey did his work in Brazil, so many people could use his knowledge. ❤
At minute 4:10, Dave said they cannot take a lien in Texas. Is that true? I live in Texas and when I sold the house in 2014 and I have 3 credit cards debts lien on my house. They made me paid them.
And I can't sleep because I have 1 K on my cc. And 75k in savings