Comment from KrisHernando
Time July 11, 2010 at 12:04 am

Great Info Richard!!!
Kristine

Comment from VercingetorixXIII
Time July 11, 2010 at 12:57 am

@poondoc1 File IRS for 982 and it is written off..

Comment from lanjha
Time July 11, 2010 at 1:47 am

Well said.

Comment from 407buddy
Time July 11, 2010 at 2:00 am

The table is starting to turn, critical mass non-cooporation is making the staus quo oligarchy sweat, they are running scared, their globalist NWO plan is not working out, I say fuck them.
Just flatout quit paying one red cent to bank credit cards, quit paying for inflated mortgages, quit buying crap, quit working your ass off for shit wages in a shit job, non-cooporation is effective dissent, it’s time see who’s got who by the fucking balls for a change,…eh!

Comment from OZRIC1985
Time July 11, 2010 at 2:04 am

Thanks for the video Richard! I am way far in debt and I have stopped paying all my credit cards (which are beyond just maxed out) and I have been getting annoying messages from credit card companies trying to get me to make a payment. Some of my cards have already been charged off. I am glad to know that I may be able to settle for as low as 10 cents on the dollar some time in the future when I may be able to do that. Thanks again for your helpful information on your video!

Comment from checkersq
Time July 11, 2010 at 2:56 am

great job man, same thing happened to me and i paid the original outstanding balance without the interest… plus, hey, this will also help to fight the corrupt bankers as it cuts into their profits…u know( the NWO scum thats trying to detroy america)

Comment from Utopiakerri
Time July 11, 2010 at 3:00 am

Thank you so much Richard! I just settled on my only credit card I had. I owed 11,000 and they settled for 3,000!!! Thank you so much for your info, you were a huge help!

Comment from poondoc1
Time July 11, 2010 at 3:45 am

if you are insovlent..then the IRS “should’nt” go after you.

Comment from rbrouwer5
Time July 11, 2010 at 4:31 am

No talk to your (a good ) tax accountant. Not liable

Comment from CingularGyrus
Time July 11, 2010 at 5:22 am

Always well done…

Comment from coronet67
Time July 11, 2010 at 5:47 am

I think so.

Comment from kooldan1
Time July 11, 2010 at 6:06 am

great video. my wife and i just had a conference call with a debt settlement company and almost signed up for their service. after watching this video, we decided to do it on our own. ill keep you posted! sincerely, daniel in yakima

Comment from wilsonbarber
Time July 11, 2010 at 6:15 am

What is missing here is the tax consequences of settlement.

Comment from brendology
Time July 11, 2010 at 6:31 am

If I am in default on my unsecured debt is it possible for the creditors to take the mobile home I own? I rent the lot it’s on, but own the mobile home. thank you in advance

Comment from pgpeachess
Time July 11, 2010 at 7:10 am

thank you for all your videos! you are an encyclopedia of information; very useful one, i might add.

Comment from jc7622
Time July 11, 2010 at 7:57 am

If you settle are you liable for the difference on your taxes?

Comment from ClintfromNYtoVA
Time July 11, 2010 at 8:31 am

i LOVE THE NO BS STRAIGHT FORWARD VALUE YOU GIVE. Got a 50% coupon on your debt settlement and home principle reduction relief products when bought together? Got credit cards debt and stuck in a negative am option arm that goes up in the fall. Contact me when you got a special running with a sale on both of the courses I may need. Please do it before I run outta money!

Comment from 42n8lady
Time July 11, 2010 at 8:48 am

I was just about to get a debt settlement company to help me when I saw your videos. You have really hit the nail on giving good info on those issues that are no.1 in our minds. I think that I shall do the debt settlement myself.

Comment from da133993
Time July 11, 2010 at 8:59 am

Your youtube videos are extremely insightful. Thanks Richard. I will be emailing you my situation. I have heard some of this stuff from Dave Ramsey. But since he is a public figure I do not think he can get into specifics.
I suggest if you are in over your head. Make sure you prioritize your debt. 1. Shelter 2 Food and # 100000 would be your credit cards. Your Fica score is just not that important.