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The Ramsey Show

Stop Messing Around & Follow the Plan Thatโ€™s Proven To Work

25 Apr 2025

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๐Ÿ“ˆ Are you on track with the Baby Steps? Get a Free Personalized Plan ๐Ÿ“ฑ Watch the full episode for free in the Ramsey Network. app George Kamel and Jade Warshaw answer your questions and discuss: "We're in the middle of a bankruptcy and now have $25k in home repairs," "Not having direct access to my savings scares me," "Is it okay to do my debt snowball out of order?" "How can I help my adult son and daughter buy homes?" "Should we pay down our house or wait until rates come down?," "Should I pay off my car or buy a hooptie?" Next Steps: โœ… Help us make the show better by taking this short survey! ๐Ÿ“ž Have a question for the show? Call 888-825-5225 weekdays from 2โ€“5 p.m. ET or send us an email.ย  ๏ปฟ๐Ÿ˜๏ธย Find a Ramsey Trusted Real Estate Agent ๐Ÿ’ต Start your free budget today. Download the EveryDollar app! ๐ŸŽŸ๏ธ Dave Ramsey and John Delony are going on tour this month! Get tickets today Connect with our Sponsors: ๐Ÿ›’ Stop paying more and start shopping smarter at Aldi ๐ŸŒฑ Get 10% off your first month of BetterHelp ๐Ÿ“ฑGo to Boost Mobile to switch today! ๐Ÿฅ Learn more about Christian Healthcare Ministries ๐Ÿก Get started today with Churchill Mortgage ๐Ÿ”’ Get 20% off when you join DeleteMe ๐Ÿฆ Go to FAIRWINDS Credit Union for an exclusive account bundle! ๐Ÿฅ— Save 15% on your first Field of Greens order with code RAMSEY โ›จ Find top Health Insurance Plans at Health Trust Financial ๐Ÿ’ธ To find out more about student loan refinancing, check out Laurel Road ๐Ÿ’ป Visit NetSuite today to learn more ๐Ÿ—‚๏ธ Use promo code RAMSEY for 18% off at The Nokbox ๐Ÿ’ต Learn more about Timothy Plan ๐Ÿ› Get started with YRefy or call 844-2-RAMSEY ๐Ÿ” Visit Zander Insurance for your free instant quote today! Explore more from Ramsey Network: ๐Ÿ’ธ The Ramsey Show Highlights ๐Ÿง  The Dr. John Delony Show ๐Ÿธ Smart Money Happy Hour ๐Ÿ’ก The Rachel Cruze Show ๐Ÿ’ฐ George Kamel ๐Ÿช‘ Front Row Seat with Ken Coleman ๐Ÿ“ˆ EntreLeadership Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

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Transcription

Full Episode

6.61 - 10.233 Sponsor

Brought to you by the EveryDollar app. Start budgeting for free today.

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15.037 - 26.086 Jade Warshaw

From the Ramsey Network, it's the Ramsey Show. I'm Jade Warshaw. Next to me is your co-host, George Campbell. We're chopping it up with you, taking your calls about your life and your money. So let's get right into it, George. You ready to do this?

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26.106 - 26.646 George Kamel

I'm pumped.

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26.986 - 33.872 Jade Warshaw

All righty then. All right, let's go to the phone lines, man. We've got Abby, who's in Fort Worth, Texas. What's going on, Abby?

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35.177 - 61.835 Caller

Hey guys, thanks for having me on today. You're welcome. So I have, my husband and I are currently in the process of converting our Chapter 13 bankruptcy into a Chapter 7. And we just found out a couple weeks ago that our home has some pretty expensive foundation repairs that could be necessary that could cost around $25,000. And we don't want to go into any more debt for that.

61.995 - 71.781 Caller

So we're wondering if we should sell our home and rent in the meantime in order to kind of restart our lives back after this bankruptcy.

71.801 - 77.325 Jade Warshaw

Man. So $25,000, have you gotten multiple quotes on this or is just one guy said this?

78.566 - 92.578 Caller

It's one, but half of the house has already had foundation repairs. So that half is already warrantied. So it's kind of a weird situation where we feel like we need to use that company in order to use the warranty on the half that has been done.

94.059 - 95.44 George Kamel

So that half hasn't been paid yet?

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