Ken Coleman
👤 SpeakerAppearances Over Time
Podcast Appearances
So how much debt total do you have right now?
You said you have $30,000 on an American Express card?
Well, bankruptcy, you know, it will clear the American Express debt, but I don't think it's worth bankruptcy over this.
Yeah.
Because you just, you lost your retirement money.
You're not going to get that back.
Right.
And the pension as well.
So you took the pension out as a lump sum, used that in the investment course, cashed out every dime of your retirement and threw it into this course.
I mean, you don't have money.
Sorry, brother's on his own.
You both got screwed in this, and so you just simply don't have the money to pay him back.
You were what the bank would call a risky borrower.
And so you borrowed this money, and he knew full well he might never see it again.
Well, I hope you can pay him back one day, but it's not today.
You're not going to be making him payments because you've got to put food on the table.
So all in, what does it take to run your house for a month?
Include food, include HOA, every single little thing?
Okay, so you're just going to hopefully survive, and that's where getting a job is going to come into play.
What do you mean for a flipper?