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Old 03-09-2011, 06:37 AM
 
Location: Tennessee
37,794 posts, read 40,990,020 times
Reputation: 62169

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Quote:
Originally Posted by doc1 View Post
WTH?

How do people legally get away with this crap?

"Lisa and Stephen Furry have hit financial rock bottom, even though they're not acting like it. The couple filed for bankruptcy a little more than a year ago, wiping out $50,000 in credit card debt, yet their household spending outstrips their income. They shop at Whole Foods, spend freely on beauty products and splurged on a wedding anniversary getaway to Santa Barbara — at a four-star hotel.....'

".....Even without the house payments, Hartman figured the Furrys were spending as much as $1,000 more a month than was coming in...."


"....Lisa spent about $275 a month on beauty products and services.....'


".....The couple's pets, which include a rabbit, cost about $200 a month....."

After bankruptcy filing, couple's spending continued - Los Angeles Times
You forgot to mention that she's trying to have another kid, too. That will be her excuse to not have to go to work. I've seen it before.
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Old 03-09-2011, 06:43 AM
 
3,264 posts, read 5,589,334 times
Reputation: 1395
only in america. but i can understand her wanting beauty products for the sake of job hunting.
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Old 03-09-2011, 08:07 AM
 
Location: North Cackelacky....in the hills.
19,567 posts, read 21,862,853 times
Reputation: 2519
Their lives,not my business.

A bit silly to not save some of the money for when the house is taken away but that is their business.
The foreclosure notice is a long way down the line,they should have six months or more before anything happens.
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Old 03-09-2011, 08:33 AM
 
45,201 posts, read 26,417,923 times
Reputation: 24964
Sounds like they have careers waiting for them in government.
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Old 03-09-2011, 08:36 AM
 
Location: Barrington, IL area
1,594 posts, read 3,056,247 times
Reputation: 4957
Take their house away and repo their possessions. Maybe they'll get the message.
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Old 03-09-2011, 08:36 AM
 
Location: North Cackelacky....in the hills.
19,567 posts, read 21,862,853 times
Reputation: 2519
It seems by page three that they DID implement savings plan and the wife did go get a job,still won't be enough to keep the house but then it is just a house.

I thought it funny the expert explaining they should try and sell the home in a short sale so as not to further damage their credit score....they declared bankruptcy,they weren't paying their bills,a credit score is the least important thing really.
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Old 03-09-2011, 08:37 AM
 
Location: Wherever women are
19,012 posts, read 29,708,171 times
Reputation: 11309
Quote:
Originally Posted by doc1 View Post
WTH?

How do people legally get away with this crap?

"Lisa and Stephen Furry have hit financial rock bottom, even though they're not acting like it. The couple filed for bankruptcy a little more than a year ago, wiping out $50,000 in credit card debt, yet their household spending outstrips their income. They shop at Whole Foods, spend freely on beauty products and splurged on a wedding anniversary getaway to Santa Barbara — at a four-star hotel.....'

".....Even without the house payments, Hartman figured the Furrys were spending as much as $1,000 more a month than was coming in...."


"....Lisa spent about $275 a month on beauty products and services.....'


".....The couple's pets, which include a rabbit, cost about $200 a month....."

After bankruptcy filing, couple's spending continued - Los Angeles Times
Do you expect people filing for bankruptcy to beg in the freeway exits??
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Old 03-09-2011, 08:40 AM
 
30,058 posts, read 18,652,475 times
Reputation: 20862
Quote:
Originally Posted by Antlered Chamataka View Post
Do you expect people filing for bankruptcy to beg in the freeway exits??

No. We do expect them to cut spending.

To emulate Obama and the federal government is not a wise fiscal policy.
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Old 03-09-2011, 08:47 AM
 
Location: North Cackelacky....in the hills.
19,567 posts, read 21,862,853 times
Reputation: 2519
Unlike the fedgov.the people in the article actually changed their spending habits and are trying to live within their means....
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Old 03-09-2011, 08:51 AM
 
13,684 posts, read 9,003,085 times
Reputation: 10405
Typical flathead conservative behavior.
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