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re: Is there a more hopeless feeling than being young and having massive amounts of debt?
Posted on 6/11/19 at 10:29 am to PortHudsonPlaya
Posted on 6/11/19 at 10:29 am to PortHudsonPlaya
quote:
They just started garnishing his wages for the next 15 years minimum.
I had sympathy for him until this point. It should have never gotten to them garnishing your wages.
Sounds like he is unwilling to take control of any situation and let’s people run over him.
0
Posted on 6/11/19 at 10:37 am to PortHudsonPlaya
Being old and having massive amounts of debt? At least when you’re young, there’s hope that you’ll pay it off and be able to enjoy life one day. When you’re old and saddled with ridiculous debt, you’re likely going to die poor and destitute.
Posted on 6/11/19 at 10:42 am to deltaland
quote:
Also he should get a lawyer for his failed business if he can prove he was screwed over he can sue the accountant and partner and likely get some relief. Sounds like he is bending over and taking it rather than fighting it.
That part smells like BS. It's something people say when they frick up their business. If the accountant and partner really screwed him over, there would be recourse
Posted on 6/11/19 at 11:06 am to PortHudsonPlaya
quote:
Is there a more hopeless feeling than being young and having massive amounts of debt?
Of course there are. How about being diagnosed with a terminal disease? Or having a child die? Or being grossly disfigured?
I could name thousands more.
This post was edited on 6/11/19 at 11:08 am
Posted on 6/11/19 at 11:47 am to PortHudsonPlaya
Yeah sounds like he makes dumb decisions brought on by himself.
Wish people would learn, marriage is some serious shite. Either you are going to be happy and make the best of it or you are going to be a broke arse bitch if you have kids. Make a decision based off of that.
Wish people would learn, marriage is some serious shite. Either you are going to be happy and make the best of it or you are going to be a broke arse bitch if you have kids. Make a decision based off of that.
Posted on 6/11/19 at 11:55 am to PortHudsonPlaya
Your friend may be intelligent and a nice guy, but he is a poor judge of character judging by the divorce and bad business partners. Being able to read people may be the most important life skill there is.
Posted on 6/11/19 at 12:14 pm to PortHudsonPlaya
Being old and in debt is likely much more hopeless feeling.
Posted on 6/11/19 at 1:02 pm to phutureisyic
There are also some non-profit debt counseling services out there.
Posted on 6/11/19 at 8:54 pm to PortHudsonPlaya
Bankruptcy. He should file. frick working for nothing.
Posted on 6/12/19 at 7:15 am to HubbaBubba
quote:
Bankruptcy doesn't absolve tax debt.
I did not know that.
Posted on 6/12/19 at 8:56 am to PortHudsonPlaya
quote:
He lives in a shithole $400/month apartment in a bad area of town just to try and save something. After working all day, he’s pretty handy so spends every night and weekend doing odd handyman jobs for cash so he doesn’t have to eat ramen noodles.
Not trying to be a tubesteak, but he should continue to live as cheaply as possible and still eat cheap even though he has extra coming in.
Do this until that debt is paid off. Maybe it won't take 15 years.
And don't date. He doesn't need to date.
Posted on 6/12/19 at 8:58 am to PortHudsonPlaya
quote:
owes the IRS close to $200,000 (maybe more)
quote:
lives in a shithole $400/month apartment
that's depressing
Posted on 6/12/19 at 8:59 am to PortHudsonPlaya
That's a pretty sad story. Life is shitty sometimes.
Posted on 6/12/19 at 9:03 am to PortHudsonPlaya
quote:
PortHudsonPlaya
quote:
Guy that works for me
Posted on 6/12/19 at 9:05 am to PortHudsonPlaya
Of course there is. Ask a holocaust survivor.
Posted on 6/12/19 at 9:08 am to PortHudsonPlaya
Why does he not just file for bankruptcy?
Posted on 6/12/19 at 9:10 am to Huck Finn
quote:
Being an old person who has never worked their way out of debt.
This.
Lots of young people are in debt, but have long term plans to alleviate the burden.
Being close to retirement age and being in massive debt would bring about some serious feelings of hopelessness. Honestly, its a big cause for suicide.
Posted on 6/12/19 at 9:12 am to PortHudsonPlaya
quote:Being told you have stage 4 cancer?
Is there a more hopeless feeling than being young and having massive amounts of debt?
Being a Christian in many parts of the world?
Having ALS in the late stages?
Posted on 6/12/19 at 9:14 am to PortHudsonPlaya
quote:Yes, being told by an oncologist there's nothing more that can be done for you.
Is there a more hopeless feeling than being young and having massive amounts of debt?
Posted on 6/12/19 at 9:15 am to LSURussian
quote:
Yes, being told by an oncologist there's nothing more that can be done for your child
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