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Old 06-17-2014, 03:11 PM
 
Location: TN/NC
35,075 posts, read 31,302,097 times
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What are some of the most extreme things you've seen people do to avoid paying their debts or eliminate them? Let's not count bankruptcy.

Common things I can think of:

1) Going "off the grid."
2) Suicide
3) Expatriation
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Old 06-17-2014, 03:17 PM
 
248 posts, read 244,140 times
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Deliberately stage an accident with your car for an insurance claim so that you have money to make your car payment!
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Old 06-17-2014, 03:17 PM
 
Location: southwestern PA
22,591 posts, read 47,670,343 times
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Quote:
Originally Posted by Emigrations View Post
What are some of the most extreme things you've seen people do to avoid paying their debts or eliminate them?
Common thing I can think of:
pay what you owe
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Old 06-17-2014, 03:19 PM
 
35,094 posts, read 51,243,097 times
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I don't know anyone who has run from their debt but we don't discuss our financial situations with friends or family and our friends don't either.
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Old 06-17-2014, 04:54 PM
 
795 posts, read 1,268,610 times
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Put it on the credit card of someone they know will pass away soon.
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Old 06-17-2014, 08:18 PM
 
Location: Mid-Atlantic
32,936 posts, read 36,359,395 times
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Quote:
Originally Posted by King_of_DC View Post
Put it on the credit card of someone they know will pass away soon.
Well, I just learned something. I know a couple of people who have gotten a loan--cash--from the dying. If there's no paperwork, it doesn't count.
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Old 06-17-2014, 08:39 PM
 
Location: Mid-Atlantic
32,936 posts, read 36,359,395 times
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Quote:
Originally Posted by Pitt Chick View Post
Common thing I can think of:
pay what you owe

You don't seem to get that people can't always buy what they need or pay what they owe, even if they are frugal or miserly.
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Old 06-17-2014, 08:51 PM
 
Location: southwestern PA
22,591 posts, read 47,670,343 times
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Quote:
Originally Posted by Gerania View Post
You don't seem to get that people can't always buy what they need or pay what they owe, even if they are frugal or miserly.
I just answer the question posed.

The OP does ask:
"What are some extreme things you've seen people do eliminate or run from debt?
What are some of the most extreme things you've seen people do to avoid paying their debts or eliminate them?"

You CAN eliminate debt by paying what you owe.
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Old 06-17-2014, 10:23 PM
 
15,639 posts, read 26,259,230 times
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An extreme thing is a slash and burn budget. You cut EVERYTHING. No eating out, no entertainment, cut the cable, cut the expensive cell phone plan, buy no clothing unless ABSOLUTELY needed. The only thing you don't cut is shelter and the basic foods. Basic basic basic. All the money you save you put towards the debt.

It's a very hard way to live for a while, but you can make the biggest dent in your debt, and get it paid off in no time. But the upside -- you learn what you WANT to have in your life and what you can do without.

Run from debt? Never seen anyone run, but I have seen people commit financial suicide by not paying. That's their choice, as they claim they don't have money to pay their debts, but they always seem to have money to blow on booze cigarettes and tattoos.
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Old 06-17-2014, 10:54 PM
 
Location: Mid-Atlantic
32,936 posts, read 36,359,395 times
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Quote:
Originally Posted by Pitt Chick View Post
I just answer the question posed.

The OP does ask:
"What are some extreme things you've seen people do eliminate or run from debt?
What are some of the most extreme things you've seen people do to avoid paying their debts or eliminate them?"

You CAN eliminate debt by paying what you owe.
Simply paying your debt isn't extreme, unless you've had to do something extreme to pay your debt.
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