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59567514 No.59567514 [Reply] [Original]

Enlighten me on Debt maxing? Has anyone actually done this? I have about $3k in available credit from credit cards, and no future. is $3k worth of shit worth bankruptcy and starting over building credit for years to come? (if I dont rope before)

>> No.59567574

>>59567514
>is $3k worth of shit worth bankruptcy and starting over building credit for years to come? (if I dont rope before)

are you fucking serious?
Debtmaxxxing is once in a life opportunity (you might be able to do it twice if much)
yes, you can debtmaxxx but make it worth, because you'll have to forget about getting a job that pays directly to your bamk account, forget about having deeds/a home. Forget about purchasing anything if not with cash.
just build your good goy score for at least 2 years and take as many credit cards as possible and try to work with the jews money, put some of it in your parents (or whoever you trust) savings accounts for passive income and the rest for crypto

>t. Debtmaxxed $230k and threw it almost all on crypto.
you can't go to jail for unpaid debts and after a couple of years you'll be able to pay 10% of the total debt so you can start over.

Tl;DR
Make it worth

>> No.59567598

>>59567574
Good perspective anon, might need to make it worth it a little more. $230k is a lot better

>you'll have to forget about getting a job that pays directly to your bamk account
you cant even have a bank account?

>> No.59567876

>>59567598
you can have a bank but he means having a job because they will garner any wages to pay the debt.

>> No.59568379

>>59567876
oh interesting now I get it. I guess i thought the whole point of bankruptcy is you dont pay it back, but i guess you still have to pay it back?

>> No.59568427
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59568427

>>59567514
You should use your last $3k to buy 3 ounces of Platinum.

>> No.59568446

>>59568379
Before declaring bankruptcy they will start garnishing wages. During bankruptcy you’ll have to liquidate any assets to help pay, so you don’t want a big income of usd, at least not one that’s deposited in banks

>> No.59568453

>3k
>credit card debt
That's fucking retarded. Credit card debt has some of the highest interest in the game. Bankrupting yourself is not worth it for 3k. That's like 1 month salary for a minimum wagie.

>> No.59568483

>>59567574
You cannot be forced to sell your primary residence or vehicle to repay unsecured loans (credit cards). Banks, especially credit unions will still give you a bank account, however the banks you maxed will likely not do business with you anymore.

>> No.59568499
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59568499

>>59567514
I'm not poor so I don't need to run up a bunch of debts. But I have $350k+ in credit at my disposal if shit ever hits the fan.
>picrelated

>> No.59568501

>>59567514
When COVID dropped I loaded my 50k of credit up. Didn't pay a dime. Nothings happened. My phone gets blown up with calls. I sold most of what I bought and got a free loan basically. My credit is trash now but I don't give a fuck. I got 4 more 300 cards with ass interest. Loaded them up and haven't paid them back. Them niggers never learn. If it manages to be a thing in the future it's looking like the white man will be making stacks at any job and I can just rebuild it in a year.

>> No.59568607

>>59568453
yea i realized how retarded it was, been a rough day. I always see people talking about debt maxing, i dont have much to lose anyway but its still better to wait