Jade Warshaw

Here's why.

When you file bankruptcy, the control goes out of your hands.

They're going to decide, they're going to make all the decisions.

Depending on which chapter you file, they're going to make all decisions.

They're either going to say, hey, we're going to put you on a payment plan, which is honestly something you can do yourself.

They're going to look at your assets and they're going to say, we're going to sell off these assets and these assets and we're going to put that towards the debt.

That's something that you can decide to do for yourself.

It's going to tank your credit.

That's something that's already happened or going to happen anyway.

Do you see what I'm saying?

So why relinquish control when you have the opportunity here to go, okay, I can look at my assets.

I can determine what I want to sell off, when I want to sell it off, how I want to sell it off.

I can look and I can call the IRS and I can say, let's get on a payment plan.

Here's how much I can put towards it.

And that's what I want to retain for you is the dignity of being able to make your own choices and not have them come in and have your stuff sold out from under you and all the choices made for you.

That's what I'm trying to save you from.

I've never experienced bankruptcy.

Dave Ramsey has.

And he would sit here and tell you, you can work your way through this.

And I'm telling you from my experience of paying off debt, the next four to five years, they're not going to be fun.