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FIling For Bankruptcy? Hurry Up!
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Addicted to MacNN
Join Date: Jul 2004
Location: Working. What about you?
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Remember, the deadline is here.
If you have a lot of credit card debt maybe you should take advantage of the opportunity for a new start and file for bankruptcy?
I wouldn't qualify for it but some of the stories about HUGE credit card debt that will take, like, 50 YEARS to pay off are really amazing and those people should file, perhaps.
Those people should definitely file...unless they're going to win the lottery sometime soon.
Speaking of which, there should be a rule that if you win the lottery (Powerball is up to, like, $300 MILLION right now) at any point after you file for bankruptcy (and it is granted and your debts are dissolved) that you should have to repay your previous creditors.

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Addicted to MacNN
Join Date: Oct 2002
Location: Boston, MA
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No plans to file Bankruptcy Cody. Thank you for reminding us.
How are you today Cody?
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"Never give in, never give in, never, never, never, never - in nothing, great or small, large or petty - never give in except to convictions of honor and good sense." Winston Churchill
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Addicted to MacNN 
Join Date: Jul 2005
Location: Cooperstown '09
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It's sad how people are literally lined up...

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Addicted to MacNN
Join Date: Apr 2005
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So does that mean that I should hurry up and use my charge card to buy 10,000 black nanos and then file for bankruptcy? Will I get to keep my nanos?
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Addicted to MacNN
Join Date: Jul 2004
Location: Working. What about you?
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Nanos? They'd be bad luck Nanos!

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Addicted to MacNN
Join Date: Sep 2001
Location: Toronto
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Originally Posted by Cody Dawg
If you have a lot of credit card debt maybe you should take advantage of the opportunity for a new start and file for bankruptcy?
No you shouldn't. Pay off the debt you incurred and be more careful in the future.
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Addicted to MacNN
Join Date: Jul 2004
Location: Working. What about you?
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I think people should take the "Get Out Of Jail Free" card and take advantage of it.
U.S. banks are screwing people over left and right.
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Senior User
Join Date: Aug 2002
Location: London, UK
Status:
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Originally Posted by Cody Dawg
I think people should take the "Get Out Of Jail Free" card and take advantage of it.
U.S. banks are screwing people over left and right.
No, people should take responsibility for their actions and pay their debts! The banks hedge their bets against bad debts by "screwing people over"
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iMac, Intel Core-Duo 2GHz, 2GB, 250GB, OS X 10.4
PowerBook 12", 867MHz, 640MB, 60GB, OS X 10.4
iMac G3, 333MHz, 288MB, 6GB, OS X 10.3
iPods: 3G iPod, 1G mini, 1G shuffle, 2G nano
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Addicted to MacNN
Join Date: Apr 2005
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Maybe this wouldn't happen if Bush had a reality-based macroeconomic policy. As the trade deficit grows and spending increases of course banks are going to run into the problem of giving out bad loans.
Bankruptcy "reform" is basically an oblique way to try and curb inflation which may become a problem over the next few months.
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Addicted to MacNN
Join Date: Sep 2001
Location: Toronto
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Originally Posted by Cody Dawg
I think people should take the "Get Out Of Jail Free" card and take advantage of it.
U.S. banks are screwing people over left and right.
Great set of morals.
It's always somebody else's fault, isn't it? Too fat? Mc Donalds made me eat burgers. Bankrupt? The banks made me spend money I didn't have.
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Baninated
Join Date: Oct 2002
Location: In yer threads
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Originally Posted by Kerrigan
Maybe this wouldn't happen if Bush had a reality-based macroeconomic policy. As the trade deficit grows and spending increases of course banks are going to run into the problem of giving out bad loans.
Bankruptcy "reform" is basically an oblique way to try and curb inflation which may become a problem over the next few months.
IT. HAS. NOTHING. TO. DO. WITH. BUSH.
This has been a public reminder from the people sick of hearing and seeing everyone blaming Bush for all their woes.
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Mac Elite
Join Date: Jan 2001
Status:
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People filing for bankruptcy are as much of a burden on society as banks and their fees. It's always the 'honest' people that end up paying. Work out a budget, pay off debt. People don't 'deserve' a get out of free just because of their own incompetence at spending money on things they can't afford.
Bankruptcy laws are there to protect people, not to be abused.
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Dedicated MacNNer
Join Date: Jan 2005
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Junior Member
Join Date: May 2005
Location: Los Angeles, CA
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Originally Posted by nbnz
No, people should take responsibility for their actions and pay their debts! The banks hedge their bets against bad debts by "screwing people over"
So true.
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Addicted to MacNN
Join Date: Oct 2002
Location: Boston, MA
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It's always best to spend within your means to begin with. Should try to have a budget.
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"Never give in, never give in, never, never, never, never - in nothing, great or small, large or petty - never give in except to convictions of honor and good sense." Winston Churchill
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Mac Elite
Join Date: Mar 2001
Location: Vladivostok.ru
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^^
I think what she means is that you should live within your means even if you have to borrow.
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_,.
a solitary firefly flies at nite
into the darkness an endless flight
a million flashes of delight.
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