Comments on: Bankruptcy Truth

By: Been there, done that

Been there, done that — Sun, 23 Jan 2011 16:21:53 +0000

I did file bankruptcy and start over. It really was that easy. I don’t have to work 70 hours a week and leave my kids in the care of indifferent strangers anymore. I actually have the extra $100 or so so they can join sports teams a few times a year. Thank God for second chances. I’m doing more for society by being available to parent my kids than I would by killing myself to pay usury for the rest of my life.

By: Kim Staudenraus

Kim Staudenraus — Sun, 01 Feb 2009 16:21:21 +0000

Hi tony, Merriam-Webster online defines hypocrite as "a person who acts in contradiction to his or her stated beliefs or feelings" Dave Ramsey openly admits he filed bankruptcy and from that experience he learned he had to do what ever it took to get out of debt, even if it meant working multiple jobs and selling as much as he could to pay off debt. He has and is living his "talk and walking the walk" as he shares comments and helps others daily on radio and TV, I fail to see where he is in contradiction to his stated belief. As for me, I am living debt free except for my home, working a full time job as well as trying to bring in extra money, even if it is a few dollars at a time, by blogging in an attempt to help others, again no contradiction. Thank you for your comments, as they share an example of how most people are quick to point the finger at others which is many times an indication they are trying to avoid being accountable for a situation they may be in or looking for ways to justify their circumstances. I recommend a great read by John G. Miller, "QBQ"

By: tony

tony — Tue, 27 Jan 2009 18:54:22 +0000

Dave Ramsey filed for bankruptcy and now he tells everybody else to work 6 jobs and sale everything to pay off debt.All I see and hear are a bunch of hypocrites and then they want 5 or 7 dollars for a joke of a article. Give me a break!

By: Kim Staudenraus

Kim Staudenraus — Wed, 16 Jan 2008 19:34:36 +0000

This is what America is all about, individual opinion and free speech. It is also about making mistakes (like getting into a bankruptcy situation) and learning from those mistakes (capitalizing on what we learned). Thank you for your comments.

By: Margie

Margie — Mon, 07 Jan 2008 21:51:31 +0000

Some people would be dead or living on the street if they hadn’t filed for bankruptcy protection.
Are you against big corporations filing for bankruptcy as much as you are for the individual?
Dave Ramsey filed bankruptcy. Are you on his case too, or was his a “different” case! Ha ha… all him lemmings think so!!

What a bad joke he is. Warning others that bankruptcy is a life changing event that causes lifelong damage … yeah.. it sure damaged his life… all the way to the bank. LOL!

Must be those “designer envelopes” he sells. What person in debt can live without those !!! You may have a meager amount of money, but what the hell,,, carry it around it style. After all, Dave sells it.,.. it must be the right thing to do! LOL!

By: Tom Hanna

Tom Hanna — Wed, 14 Nov 2007 12:16:58 +0000

Employers may not fire or otherwise discriminate in employment solely because you filed for bankruptcy in the United States. 11 USC 525(b) They can use bad credit as a reason for not hiring, but if you’re considering bankruptcy, your credit is already bad and bankruptcy can only improve it.

Most of the bankruptcy alternatives, especially credit counseling, are much worse for your credit score. Two years out of bankruptcy someone can qualify for a conventional mortgage loan. Two years out of credit counseling, forget it.