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Originally Posted by ifucan  No I refuse to go bankrupt. The most a credit card company can do is put a lien on my property. They cannot force me to sell my home. The mortgage company is in first position and the credit card is unsecured. They are not taking my home for $50K. Yes $50 grand is a lot, but not enough to take my property.:mad: |
Why do you refuse to go bankrupt? Pride? The banks love people like that. :D
I finally got smart, filed BK in 2005 and quit paying the banks over and over and over. Bankers are the biggest criminals in the world and they make billions. I didn't feel the least bit bad about it. In fact, it felt great.
I've been debt free for almost 3 years and have 700+ scores. I'm now able to save and invest more than ever. I'm no longer a slave and I'm no longer paying for their yachts.