What's the worst case of serious debt you've seen?

[Spongo]

I have a friend that owes 60k in student loans. Now that's a load of debt!

 

[boyRacer]

:Q... hey med school students have 100k loans...

Well my friend's boyfriend used his school's financial aid money on his car... he used Ameridebt to consolidate his 4-5k bills... and now he just got a new credit card and is on his way to maxing it out... he only pays the minimum amount and then it gets eaten by interest so he's practically going nowhere

 

[datalink7]

Ask Rossman

 

[yobarman]

i think i'll have 40k debt from loans. i guess i'll leave the country for a few years after i graduate. then come back and take over the world! MUAHAHAHA

 

[AreaCode707]

$680,000+

I win.

 

[RossMAN]

Originally posted by: datalink7
Ask Rossman

His friend has got me beat.

 

[kermalou]

ROSSMAN

 

[Transition]

Originally posted by: Hatari Chic
$680,000+

I win. Don't ask.

Ouch. Here's a cookie, you win. => O

 

[kermalou]

Originally posted by: Hatari Chic
$680,000+

I win.

probably not including mortgage

 

[Spongo]

Holy crap! 680k!?

 

[her209]

I am a loan shark.

 

[dirtboy]

One of my clients had $69,000 on credit cards alone, not including house, student loans, etc!

 

[radioouman]

Debt

Worst case that I've seen.

 

[chowderhead]

This is the worst case of debt
We the people of the United States

:disgust::|

The debt clock is even more amazing and sad.
The debt clock.

 

[beer]

Originally posted by: chowderhead
This is the worst case of debt
We the people of the United States

:disgust::|

The debt clock is even more amazing and sad.
The debt clock.

Public, national debt is not personal debt. They are different. Take an econ 101 class.

 

[Radiohead]

This thread makes me feel good bout my debt

 

[wfbberzerker]

Originally posted by: chowderhead
This is the worst case of debt
We the people of the United States

:disgust::|

The debt clock is even more amazing and sad.
The debt clock.

thats not exactly a real "debt" per se...
its not exactly like the u.s borrowed 6 trillion from the bank.
a lot of it is bonds, IIRC

 

[chowderhead]

Public, national debt is not personal debt. They are different. Take an econ 101 class.

I stand by my point as the thread did not specify what type of debt. Someone's gotta to pay this debt off eventually.

 

[vi edit]

let's see.....

my house: 116k
my student loans: 10k
car: 17k
fiancee's student loans: 30k

That's a lot of debt.

[edit]But besides the car, it's what I would consider "positive" debt.

 

[Zivic]

Originally posted by: chowderhead
This is the worst case of debt
We the people of the United States

:disgust::|

The debt clock is even more amazing and sad.
The debt clock.

The country's debt is very small in comparison to our anual GDP. A person buying a 200,000 home making 60,000 a year is in a much worse situation that the US is with its national debt. Besides, the nation's debt is owed to US citizens, as more and more of the debt is owed outside the country we should become more concerned.

Speaking about the national debt as a "bad" thing shows ignorance.

 

[Loggerman]

The worst I've seen.......Hmmmmmmm.
Divorce.
My friends x-wife was one of those that had to keepup with the "Jone's".Not sure what the final tally was,I'd guess around a 100k.

 

[SnapIT]

1.9 million+.. nope, not me, but if you put together what people owe me right now, that is it...

 

[Vic]

All debt, including mortgages, cars, credit cards, etc.? Well over a million then. I've seen people with over $400k in credit card debt alone. Scary. You print out the credit report and it just goes for page after page after page of open accounts with high balances.

 

[weezie]

Originally posted by: Radiohead
This thread makes me feel good bout my debt

 

[Red Dawn]

Serious Debt? How about when some poor bastard gets in over his head with a Shylock.