I applied for a pet store because debt collections is getting too stressful. I couldn't shut up about cats and they want to met me in person for a interview
Discussion
Collections?
Anything over $5k?
Dude. I seen stuff over $100,000 😆. I can't talk about stuff that I'm currently working on. It's a huge one. I know everything about bankruptcy, consumer proposal and debt consolidation. Debt is a huge fucking scam 😂.
🤔
So maybe you can tell me then...
Is not paying my credit cards(each under 4k owed) to stack bitcoin instead, a wise move?
(I'm broke asf with a 750ish score. Using it means more shit I can't afford. So im thinkinghy maintain it if i have a place to live, 2 cars, and a 33ft RV?)
Depends on the laws where you live. In Canada. These agencies say they going to sue and some accounts they do sue. But if you have like $1000 or less in debt. All your doing destroying your credit score. But if your on a bitcoin standard you don't need a credit score 😉
I'm usa, michigan to be exact.
From what I understand here is that places call you into court for asset and wage garnishment usually for anything $5k +.
(None of the things I own are just in my name either so they cant be taken to pay my debts without being theft of another person's property and im 1099 working via doordash, childsupportcant even garnishmy wages)
If I stop paying, I save 400/mo and I can afford food and to stack bitcoin again...
Just trying to get opinions on the matter. Any lawyers here on nostr? Lol
Here in Ontario. They can do wage garnishment, asset seizure and legal judgment. A legal judgment basically just stay on your credit report forever even if you declare bankruptcy. You could consolidate your debt. With debt consolidation, you are basically getting a private loan from a lender or a loan from a bank (you got good credit so bank would be better on interest rate night and day). Get a loan for the amount of the debt, call up who you owe and be like I'm behind on my bills because you got cancer or something morbid like that. If your debt like $8000 (2x$4000). Be like my kids or my uncle gave me $2000 to help take care of my debt. Can we settle. Never take first offer. Ask to speak to a manager be extremely polite but presitant, keep annoying them with a sob story. They will normally settle no problem at a 75/25 and extremely cases 50/50-60/40. It also depends on how old your debt is because you know exodus 21:2 😉. Is your debt in first party collections or 3rd party collections?
If you own assets tho, typically it will show on your credit report so careful on what you say. If you say your homeless and your credit report shows you own a million dollar home. They will call you out.
You also have amazing credit. I'm dealing with like 350 to 600 score people 😆
I used to work phones at a small ISP. As the senior I had the task of phoning those behind on the bills. I hated those days. I feel ya.
Good luck! I feel like a pet store would be a chill place to work compared to other retail jobs.