The Ramsey Show - App - Go Fight For Your Wife And Baby (Hour 2)

Episode Date: March 5, 2024

Live from the headquarters of Ramsey Solutions, it's the Ramsey Show, where we help people build wealth, do work that they love, and create actual amazing relationships. Rachel Cruz, Ramsey personality, number one bestselling author. My daughter is my co-host today. Open phones at 888-825-5225. That's 888-825-5225. Paul's with us in Cincinnati to start this hour.

Hi, Paul. How are you? Hey, Dave. Doing better than I deserve. How are you? Just the same, sir. What are you? Hey, Dave. Doing better than I deserve. How are you? Just the same, sir. What's up? Okay. So about five years ago, my aunt convinced my 92-year-old grandmother to change her will so that only she would inherit the property that my grandma owns on a lakefront in Florida when she passes.

My grandma's 97 now, and her health is not very good. I was wondering if it would be wise to try to acquire the property by means of a property tax lien after my aunt inherits it, and she inevitably fails to pay the taxes on it. Okay. So your aunt did talk your grandmother into doing something where the rest of the family got cut out. Is that what you're angry about? Am I getting this right? That's right. Okay, all right.

Well, I don't know Florida law, but that's probably not going to work. And sometimes you hear these guys, and you may have seen this. That may have been what prompted your idea. These guys in the real estate get-rich-quick world, and they say, go buy tax liens, and you can just, you know, you buy people's back tax position, and then you become the owner of the property, and it's just easy. You can just do it all. Listen, I've done it like six times.

Like when I used to do real estate for a living, and I was doing foreclosures for a living, never ended up with a single property because most states, including the one I'm in, have a right of redemption that is one year or two years. So let me give you an example. If Florida has that, and I don't know Florida law, okay, but let's pretend Florida has a two-year right of redemption, which is pretty standard. Then you buy the property for the back taxes at the property sold because she didn't pay her taxes. And you buy it for back taxes. And you buy this million-dollar property for $100,000. Okay.

I'm making this up. But you follow my example so far? Okay. Yes, sir. Then the former owner of the property has two years to give you $100,000 to buy the property back. That's the right of redemption. And you can do nothing with it during that two years because if you do, let's say you're going to do $100,000 worth of renovation, then they can redeem it for what you paid for it only. And you'll lose your renovation money,

right? Uh, if you take out a mortgage to do this and you pay payments on the amount, the a hundred thousand dollars you borrow to buy the tax lien out and you pay payments on that, you don't get any of the payments back. All you can get back from the other owner when they buy it back from you is what you paid at the auction so and i'm okay with that no listen here's what's going to happen right if she loses it and she knows she can come back and get it for a hundred grand it's worth a million she's going to go get somebody to buy it and so she'll come back give you a hundred thousand dollars buy back and resell it the instant she does that for five hundred thousand the other guy gets a deal she puts 400 in her pocket and walk away unless she's an absolute lunatic she's not going to walk away from a huge equity in a property tax state that has

rights of redemption. So it's just – Well, you do say there's crazy in every family, right? Yeah, this is a different kind of lunacy I'm talking about. This is like – anyway. Paul, did she – when you said she convinced your grandmother, is your grandmother not all mentally – like, did she do it from a – almost an illegal standpoint of her not being full? Was your grandmother not of sound mind?

Yeah. She was deemed not sound of mind about two months after the will was changed. Well, I would dispute the will then, but I think you're better off to dispute the will on that basis. Okay. Because she didn't suddenly lose her mental faculties within a 60-day period of time. Right. So if you've got a doctor's opinion 60 days after the will was changed, that will's probably not valid.

I'm not a lawyer, but I'm right. I believe you. Okay. So I would spend my money on that angle, and really what I would do, truthfully, is I would just sit down with your aunt and say what you did was wrong and you know it was wrong because granny was not of sound mind and this will is not going to stand so instead of us fighting about this in court why don't you do

the right thing and let's redraft all of this um and you know come to an agreement that the family is going to have even disbursement of this instead of you stealing this from your siblings because i'm not going to allow you to steal it from my mom and dad i'm going to sue you so we need to we need to work this out without the lawyers because the lawyers are going to get it all if we use them yeah i would I would just sit down and confront them. And it's not worth it if I pay a lawyer for it. The property's not valuable? The land itself is worth about $50,000 to $70,000,

and the house is worth what a scrapyard would pay for the aluminum. Okay. So why do you care? It's where we spent every Christmas when I was growing up. It's where I learned how to fish with my grandpa who's been gone for about 20 years now yeah and i'd like to keep it as a holiday home for my family and maybe even live there in uh when my wife and i are up there in years yeah i'm i'm sorry that you're i'm sorry that your aunt is a twerp and is messing with the family's memories,

and I'm sorry that it breaks the little boy that lives inside of his heart. I'm going to tell you, having been in these situations myself many times in the last 63 years, just let it go. Forget it. Just forget it and move on. It ain't worth it. Go get you some memories with your babies. Go get you some memories with your

buddies and the couples that you all love and spend time with them and build a new set somewhere else. That's what your grandpa did originally and he didn't do all this for y'all to fight. Just let it go. That's what I would do do it's hard for me to do that it's not justice it's not it's not just it's hard for me to do that because i'm a hillbilly and i'd rather fight

you than not but it just it's not it's not worth it yeah yeah it just turn it loose it's just a you know if it was a million five or something we can argue about it but i don't for for fifty thousand dollars right right he's right he's gonna spend all his money on lawyer and the other thing man it's gonna these people are living rent free in your head for the next three years while you're in court dealing with this you're you have tenants that took up residence between your ears you know yes because it becomes all consuming and it's all you can think about and it's not worth it's not worth 50 grand just let it go i know you were hurt and i know she's wrong and ruming, and it's all you can think about, and it's not worth it. It's not worth 50 grand. Just let it go.

I know you were hurt, and I know she's wrong, and Rachel's right. It's not justice. Yeah. It's not justice. But for your well-being, Paul, to move on and live your life. Yeah. Yeah. Spend the money and the headspace that you would have spent on this,

setting up a new deal and a new legacy that will cause your grandfather to be in heaven smiling at you. Spend your time on that, man. This is The Ramsey Show. Well, we're doing something that we haven't done in a while, and I'm really excited about it. It's actually that we've never done it exactly this way. We used to do a day long event called the total money makeover event a thousand years ago. Rachel was a teenager even, and we'd get up and talk about kids books. And we had like 5,000, 10,000 people in these arenas around. And we would do that in those days. We built this conference center here at Ramsey that holds about 2,500, and we are going to fill it up with a total money

makeover weekend, May 10th and 11th. Now, there's millions of you out there who have been listening to the show, and this is the thing where you get to come to Nashville, you hang out with us Friday evening, all day Saturday, and it's all the Ramsey personalities are going to be talking. We're going to walk you through every little detail of this financial plan and show you how to win. And we're going to do lots of Q&As, regardless of what baby step you're on. This is going to be an all-encompassing immersion experience.

And we're going to have lots of signings and lots of Q&As all through the day. We'll do smart money happy hour is one of the things we do Friday night. I'm going to talk Friday night when you get here. You can come in early and watch the show on Friday afternoon here at the main campus or the main building on the campus. And we would just love to have you. Now, we've sold most of the tickets already. It went on sale and it sold really, really fast, which is exciting. And so we want you to come.

Don't wait to get your tickets. There's some Platinum Plus tickets, just a couple of those left. Early bird pricing ends this Thursday. If you want to come to this May 10 and 11, go ahead and get your tickets. It's going to save you over $100 to get them early by Thursday. Again, it's right here around the corner in May, May 10 and 11. And we want you to come. The whole campus is going to be booming with people just like you

that want to win. Get your tickets at ramseysolutions.com slash events. Curtis is in Pennsylvania. Hi, Curtis. Welcome to the Ramsey Show. Hi, Dave. Hi, Rachel. Thanks for taking my call today.

Sure. What's up? So my wife is 23 weeks pregnant with our second daughter. During this pregnancy, she was unexpectedly diagnosed with colon cancer, and we've begun treatment for that. Oh, my gosh. I'm sorry, Curtis. Yeah.

We were in the middle of paying off her, trying to pay off her student loans. We got from about $160,000 down to about $60,000. And my question today is, would you recommend that we continue to still try to pay down her student loans as we begin her treatment? No. Okay. Stop everything. Pile up cash.

Have a baby, fight cancer, win. Okay. It's your sole goal right now. You've got one goal. Two goals. Have a baby, fight fight cancer and win once you get that in your rearview mirror it'll be nothing to pay off some student loan debt okay how old is your wife you said uh she's 30 okay wow what stage is this stage four

so what are they telling you prognosis wise? Um, we, we have to start treatment right away and we have to see how her first few rounds of treatment go and see what her response is and go from there. Okay. All right. Um, you, you've got the um the hardest fight of your life on your hands brother and uh student loans are nothing compared to this yeah you go fight you go fight this you get on your knees you pray get all your friends praying we'll be praying for you guys and you just get in there and you fight and fight and fight and fight and fight and take care of your wife and you take care of your baby, there'll be time to do the student loans later. But you need every ounce of focus and energy and money that you have

to win this battle first. Okay. All right. Yes. And then I'll just give you another piece of information so it's in your brain, even though it's pretty cold for me to do this. But I'll just tell you, when someone passes away, their student loan debt goes with them. It's completely forgiven.

So if she ends up in heaven with this, okay, there is no student loan anyway. So we fight. We fight the cancer we go win okay okay and i didn't say that because that's the prognosis i don't know i'm not a doctor i'm just listening to what you're telling me okay but and i know when you're facing these things that sometimes facts are helpful that's why i gave you a cold fact okay okay not because i don't care about you so um but anyway that i i want you to go in and if you were let me just tell you i'll just this is an expanded version of what we tell people anyway we tell people just when they're pregnant period stop put a push pause on your total money

makeover baby steps and pile up cash until baby comes and mommy and baby are okay and then push play and use the big old pile of cash to pay and catch back up what you would have paid anyway and that gives you an extra big slush fund when there's a pregnancy we tell people to do that anyway and this is like 10x that right yes okay so you need a big old pile of cash for cancer and babies uh because we want babies pile of cash for cancer and babies. Because we want babies, we don't want cancer, and we're going to win both of these. Okay? Oh, my goodness, son.

Hey, and listen, you hold on, and I'm going to have our team pick up. We're going to hook you up with one of our financial coaches in the area for free. Okay. And they're going to walk with you on the financial stuff and help you any way we can so that you can completely focus on babies and beating cancer, not on money stuff, okay? Thanks, Dave. I appreciate it. Amen.

I'm so sorry. Go beat this and let us know, okay? Okay. All right. Will do. Thanks a lot. Just in case you thought you had a problem today. Yeah. Just in case. You thought you had a problem today.

Yeah. Just in case. Wow. Okay. Trinity is in Colorado Springs. Hi, Trinity. What's up? Hi.

Hi. How can we help? So I was calling to get your guys' advice. So a little bit over a year ago, I had a work injury and I ended up just getting a settlement for a little less than $80,000. And so after putting everything aside for my medical work and everything like that, I have about $60,000 left, and I was just calling in to see if you guys could kind of help guide me of what you think a good idea of where I should put that money towards would be. Oh, man, Trinity. Are you okay?

I'm getting better, but... Okay. Where are you financially today? Do you have debts? Do you have savings besides the settlement? No, I don't have any debt. I completely own my car. There will be, sorry, I forgot to take out, about $12,000 of that would be set aside for my emergency fund.

So it would be about $48,000 left over, I guess, technically. But aside from that, I don't have any debt, nothing like that. And then all of my monthly payments are paid through my monthly income. Okay. Do you own a home? No, I don't. I'm 22. Okay. Or is that something that you're looking into? Do you think you'll be in your area for a while now? Yeah, I'm hoping so. I'm also studying right now to get my real estate exam or my real estate

license. So I think that as well will kind of play a factor into when I'm ready to buy a home. Yeah. Do you have any retirement right now? I do. I just started. I only have about $1,000 in retirement right now, but that was something I figured you guys were going to mention was like maxing out a Roth IRA or something. Yeah, I would go ahead and do that. I would go ahead and just max it out. And then I would probably put the rest, Trinity, just in a high-yield savings and let it just kind of sit there for a year or two. I mean, it's 5% return right now on most of them, which is great for just short-term savings. And hopefully here in

the next year or two, you'll be settled down in a new career, a city that you know you'll be long term. And then I would use that money for a down payment on a house is what I would do. But I would just put it in a high-y yield savings account right now and go ahead and fund your Roth IRA. Go ahead and max it out this year. Yeah. Set your medical aside, your emergency fund, your Roth IRA, and the rest are saved towards your next house or your first house. This is The Ramsey Show. Rachel Cruz, Ramsey personality, is my co-host today on the debt-free stage in the lobby of Ramsey Solutions. Chattinler and Sidney are with us. Hey guys how are you? Good. Doing great. Welcome. Where do y'all live? Bardstown, Kentucky. It's about a 30-minute drive south of Louisville. Know exactly where it is. It's the king of bourbon town it is yeah good stuff good stuff all right

welcome to nashville and how much debt have you guys paid off 67 533 dollars and one cent i love it i love it and how long did that take 22 months wow and your range of income during that two years we started making it was at 64 000 and uh ended a little over 84 000 good for you nice well done well done i love it well congratulations you guys what kind of debt was this it was our house oh wow tiny little mortgage good for you we're weird people i love it you are officially weird that's right i love it how it. How old are you two? I'm 30. And I'm 29. What's the house worth?

I'd say about $240,000. Goodness. That's amazing. That's amazing. Well done, you guys. Thank you. Well done. I love it.

Congratulations. Very proud of you. Good work. Good work. So what do y'all do for a living? I'm a homemaker, so I stay home with her daughter. And I'm an IT director for a Catholic non-profit. Very good.

Good for you guys. Very cool. And they just showed us a picture on YouTube, the house with the snow in the front and everything. Looks like a great place. How many acres have you got with that? It's only one acre. It's in a subdivision, but you wouldn't believe it just from that picture. It looks like it's on a farm. Yeah. It looks big. Well, that's nice, man.

Very fun. So what set you guys out on this journey 22 months ago following this Ramsey stuff? Well, we first encountered Ramsey, I did back in 2015 and took FPU. One of my friends shared one of your videos on social media. I'm like, well, this guy seems to know what's going on. And took FPU, met Sydney in 2017. And we went through FPU afterwards and got engaged, got married. And when I actually started this particular journey on the mortgage payoff,

my employer did an assessment of salaries and saw they were not paying us market rate. So we got a substantial raise. Oh, wow. And it was just the weight of it was us. We want to make sure we do something good with this. We want to be wise with this money. There was a pretty heavy pause going like, this is a lot of money. We need to be careful or else it'll just disappear.

Yeah, that's wisdom. We sat down one night and sydney said why don't we calculate what it would take to pay off the house okay so i punched it into the calculator and i'm like well it looks like three years so oh we can do better than that 22 months later yeah well we originally calculated i think after we like just cut things out that weren't necessary i think it it was like May of 2024. And as things kept going on, we kept cutting, kept doing, we did some extra side jobs. And we paid it off. Oh, my gosh, you guys.

That's what happens when you use Financial Peace University is your pre-marriage counseling. Yeah. Way to go, you two. It's funny. I had taken FPU on my own. So I thought I had only gotten two classes in. So we met. I was like's funny. I had taken FPU on my own, or so I thought. I thought I had only gotten two classes in. So we met.

I was like, yeah, I've taken FPU. Looked back at the book. Oops, I only went to two classes. Let's do that together. Oops, I'm an FPU dropout. Not anymore, though. You went back and got your GED. It's okay.

Well done. And you got a paid four-house and you're not 30. So that's pretty that's called that's called graduate level work there good stuff so this is one part of debt that we taught we tell people like hey this is something that i promise once it happens and you don't have a mortgage payment the feeling it is it's the ultimate freedom it is that final final baby step would you say that that's true how has it felt for you guys there's a lot of security in it yeah yeah just you're you're right the grass does feel

different under your feet and we paid it off course in december so yeah and seen the grass but uh but yeah it's it's phenomenal feeling yeah well there's just no debt in the world i mean what are you gonna do now to celebrate well we came here okay now let's do something big well we're gonna we're really wanting to save up and build a nice nice garage okay so that's that's been a big dream um two-car garage we're gonna build him an office in the back of it uh some room for me i don't know what it'll be yet but so that's that's the next big goal we want to achieve a lot well way to go you guys congratulations so do you have people cheering you on while you're doing this or do anybody know you were doing it or big secret or we did um we told family and friends our family thought we were uh we're nuts at first, but got to give a big shout out to Sydney's parents.

They were huge supporters, as well as our church friends, Austin and Andrea. They were huge cheerleaders for us, and I think they're currently working on their payoff right now. Oh, awesome. Yeah. Very good. And one thing we wanted to just mention is that we did have some adversity through these 22 months. We lost my father to suicide in September of 22. Oh, I'm sorry.

And the emergency fund just gives you so much, I guess, peace in that we were able to pay for the unexpected expenses and counseling and all the things that come with that yeah and it just it shook us and it made us actually we're like are we sure and we're like yeah it just reinforced us more about why we want to live a life of freedom oh my goodness December 22 so COVID related I assume it was September of of 22 and uh no it was a suicide no i'm saying his his suicide was it related to the covid issues or no there was there was a lot more going on and a lot of it we didn't know or see sure yeah sure yeah okay i'm so sorry you guys yeah it's awful awful to go through yeah you're right adversity is always mixed into the story yeah it's not some kind it's not just all some kind of flavor right it's always in there yeah well way to. Of some kind. It's not just all. Some kind of flavor.

Right. It's always in there. Yeah. Well, way to go, y'all. I'm proud of you for persevering, pushing out, and 100% debt-free, house worth a couple hundred thousand dollars, $300,000. That's incredible. And you're 30 years old.

You're going to be so wealthy. It's going to be unbelievable, man. That's the plan. You're going to be able to be unbelievably generous in what you can do with your little little girl so bring your little girl up what's her name and age caroline she's two and a half and we have a second on the way oh congratulations all right caroline's a big sister all right well we've got the uh every dollar gift card for you for a year subscription, one for you guys and one for you to give away as our way of saying thanks and coming and doing your debt free scream and enjoy that. Stay on that budget and keep things moving towards that incredible wealth. I'm so proud of y'all. Very, very, very well done.

Thank you so much. Before I let you go, what do you tell people the key to getting out of debt is? Just being on the same page, communicating. The budget was a huge help. We're avid every dollar users. Ah, so this will work. Good. Yeah.

You can just apply this and not have to pay us. But, yes, just being on the same page. I mean, just the encouragement. Without Sidney constantly encouraging us, I certainly couldn't have done it alone. So great. All right. Very good. Congratulations, y'all.

Chandler, Sidney, and Caroline from Bardstown, Kentucky. $68,000 paid off on their $253,000 home. Debted in 22 months, making $64,000 to $84,000. Count it down. Let's hear a debt-free scream. Three, two, one. We're debt-free! Yeah!

Yeah! Woo-hoo-hoo-hoo! Oh, my goodness. So great. Oh, house and everything. You know, I was so proud of a couple like that and they're they're sitting in a very affordable market obviously they got a very nice home for yeah you know 300 000 bucks there uh they chose a home that they could afford and that they could

pay off instead of choosing one they could qualify with their income easily for twice that or more. They chose to be reasonable and then get it paid off. Now, at 30 years old, 100% paid off. They'll be able to do anything. That's different than I'm on TikTok whining and saying, well, boomers bought their house for two black buckets of strawberries. And you can't buy a house now because i'm stuck and i'm a millennial well that's a millennial they're on their way to being a millionaire yep that's right so there's your two buckets of strawberries this is the ramsey show

rachel cruz ramsey personality is my co-host today thank you for joining us open phones at 888-825-5225 Kevin is in Colorado Springs hi Kevin welcome to the Ramsey show hey Rachel how you guys doing better than we deserve what's up in your world? Oh, just stressed but not depressed. There you go. I'll get right to it. So I've got a bad credit card debt from Wells Fargo that closed a year ago. I put it to the back of my baby step two, figuring I could get to it, either settle it, pay it off completely, whatever needed to be done. Friday, I got served with papers.

They are now suing me for the outstanding debt, bad debt, that, you know, I owe the money on. And I'm a little freaked out because I kind of figured, you know, it goes to like a collections company where I could maybe settle it for less or have a little bit more time. What's the balance? Straight from a little under $12,000 after interest and all that. On the lawsuit, how long has it been since you paid them? The last payment that they got from me was November of 22.

It was a really rough month. It's the first time I've ever missed a payment. So November of 22, so you're 18 months behind. Roughly. And why have you not paid anything in 18 months? They closed the account. But they'll take payment. Oh, did not know that. They closed the account. But they'll take payment. Oh.

Did not know that. I mean, you didn't think they were not going to take payment. You knew they wanted to be paid, right? Yes, I know they wanted to be paid. I just didn't have a way to pay it through the app, and I didn't really think anything of it, being perfectly honest. Now you are. Okay.

Yeah. And so on the lawsuit papers, does it say Wells Fargo? Yes. It doesn't say a debt formerly held by Wells Fargo. It says Wells Fargo Bank. I don't have the paperwork in front of me right now, so I can't read everything. Go check it, because it's unusual for Wells Fargo to do this.

They usually will sell off the bad credit card debt, and the buyer of the bad debt will sue you. That's kind of what I figured. That's what usually happens. So this is an unusual case they may i mean they're not above suing you for 12 000 bucks if you owe them and hadn't bothered to pay them for 18 months that's very possible what do you make uh between me and my wife we make uh

this past year roughly 130 to. Do you have any money? No. We're working on paying off debt. We actually just barely got started on the plan, like getting serious a couple months ago. You don't have $1,000? You don't have $2,000? You don't have anything? We have emergency fund plus a little bit in sinking funds

for vehicle repairs and stuff like that, but nothing serious. So the $1,000 starter emergency fund plus a few hundred? Give or take, yeah. Okay. All right. I assume your credit's trashed. It's about 650 to 670, somewhere in there. It's not completely destroyed, but we had a house fire two years ago, and then because of that, everything fell apart. A whole bunch of carts closed on me at the same time that I wasn't using anyway,

so I didn't care. And the credit's slowly been building back up, so it's gotten a little bit better. Okay, so you have other things that are outstanding that are unpaid as well? Yes, I currently have a little over $1,000 on another credit card through a credit union, a vehicle loan for $11,200 through that same credit union, and a personal loan through that same credit union for $22,500. And you're current with all of those? I'm current with all of them. I'm actually working on the credit card right now.

Okay. All right. Do you have any other credit cards or anything that you have not paid on in 18 months like this one? No. Everything else is either paid up or closed. Okay. Last time you told me one was closed, it had an outstanding balance of $12,000. Have you got another one of those? No. I checked every single one of those.

So closed means you have a zero balance. Yeah, closed means zero balance or, you know, I no longer have credit available to them. Like, they just, I stopped using the card because. That's what I'm talking about, man. How much other crap like this have you got out there that you owe money is getting ready to sue you? This one was laying out there.

You had no available. They they had closed it but they still thought you owed them twelve thousand dollars because you do you have another one of those yes no you just told me you did no no no no no but the the wealth cargo card is the only one that was out there like that do you do you owe money to anyone else that you're not current on the payments? No. Okay, so the credit cards that are closed have zero balance. The other credit cards that are closed have zero balances, nothing owed. Yes, sir.

Okay. All right, because I don't want some other monster to jump out of the closet while we're fighting this one. That's what I was trying to help you with, okay? So here's what will happen. You will be sued on the date that they told you. Whether you show up to court or not, you will lose because the lawsuit is not about anything except do you owe the money, and the answer is yes. Have you paid the payment properly

the answer is no lawsuit over judgment twelve thousand dollars wells fargo versus kevin in colorado okay so you're going to lose the lawsuit there's no defense for not paying except paying okay so it's not not it's not anything to panic about but that's just what's going to happen so this is going to lead this is going to go from a credit card debt to a judgment lien it's going to convert to that because you're getting ready to get a judgment on you and they won't do anything with it for probably ever but eventually they might garnish your wages or take a lien on a bank account. But it takes them usually six months minimum, but an absolute minimum of 30 days in any state to do that. So what's the court date? There isn't one yet.

On the paperwork, there's no court date. There's no case number, anything. Then you've not been sued. That's why I'm still here. Okay. paperwork there's no court date there's no case number anything then you've not been sued okay now if you've been sued there's a court date and it gives you the court the circuit court sixth circuit court or whatever it is you've been sued in okay this is a this is a notice they served you to scare the pants off of you, which is good because it woke you up. You needed to be woke up. So now we can deal with this.

So call them. You can call the law firm that's on it. Is there a law firm listed on it? Yes, there is. That was actually going to be the question is me and my wife disagreed about that because I don't trust their lawyer because he's not my lawyer. Well, they don't trust you. You haven't paid the bill.

So this is mutual. Fair enough. Yeah, just call them up and say, I don't have $ you haven't paid the bill so this is mutual so yeah just call them up and say i don't have twelve thousand dollars right now i'm behind on everything i'm i think i might be bankrupt i don't know i'm but i sure can't be sued and garnished by you guys so what can i do to settle this what would you take i think i can scrape together a few thousand and i can probably do that and and give them a date that's about a month and a half out and then you stop paying everything and you come up with

two or three thousand dollars and offer them two or three thousand dollars three thousand dollars a settlement in full a month from now okay or six thousand dollars a settlement in full two months from now okay eventually if you keep barking at them they'll take a deal okay and you have to come up with a lump sum cash do not cut a deal for payments don't do that just say i can't pay this i only thing i can do i can't pay payments i can't stand any more payments i'm trying to stay out of bankruptcy and And if I can settle this with you, maybe I can. And keep talking to them that way over and over and over until you come up with a number. When you come up with a number, listen to these two things quickly.

Do not give them electronic access to your checking account. They will clean you out. And do not give them a dime until you have whatever deal you have made in writing. Over the phone is not good enough they lie get it in writing and no electronic access your checking account and settle this for five or six thousand dollars and make it go away Thank you.