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  #1  
Old 11-07-2007, 04:39 PM
DUCYAlphaQ DUCYAlphaQ is offline
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Location: Imagine that I\'m Stewie Griffin
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Default Re: beats/brags



Are you this guy? Would be pretty cool if you were imo....
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  #2  
Old 11-07-2007, 05:24 PM
TheLemonShark TheLemonShark is offline
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Default Re: beats/brags

[ QUOTE ]


Are you this guy? Would be pretty cool if you were imo....

[/ QUOTE ]
http://imdb.com/title/tt0443453/
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  #3  
Old 11-07-2007, 06:39 PM
fybpm fybpm is offline
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Default Re: beats/brags

[ QUOTE ]
[ QUOTE ]


Are you this guy? Would be pretty cool if you were imo....

[/ QUOTE ]
http://imdb.com/title/tt0443453/

[/ QUOTE ]

zomg after all this time, i thought that was me.
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  #4  
Old 11-07-2007, 06:55 PM
PUBgrub PUBgrub is offline
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Default Re: beats/brags

beat: clearly over extended yourself by purchasing more then you can afford. This, ironically, is the reason for the mortgage troubles & subsequent downturn in real estate prices in America.
brag: one "get outta debt free card"
variance: next time you file for bankruptcy you wont be able to get off free of charge.
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  #5  
Old 11-07-2007, 07:00 PM
fybpm fybpm is offline
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Location: california
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Default Re: beats/brags

[ QUOTE ]
beat: clearly over extended yourself by purchasing more then you can afford. This, ironically, is the reason for the mortgage troubles & subsequent downturn in real estate prices in America.
brag: one "get outta debt free card"
variance: next time you file for bankruptcy you wont be able to get off free of charge.

[/ QUOTE ]

Well NOW i can say i overextended myself to more than I could afford but at the time I was making ~$19k a month for almost 2 years so I thought I was in a good position to pull off what I had in mind.

The market took a dump, its not like I did a stated income loan saying I made $30k a month but only made $3k.

Cheers to the "get out of debt free card" tho...I'm glad I qualify for BK. Losing all that money sucked enough, make it worse to have to pay back $60k and prob another $50k in interest.

I'm only 24 so F the credit, I'll rebuild that no prob, I used to pay everything cash before I did the house mess so I'll just go back to that.

As for the variance, I'd like to not go on life tilt and lose $250k again so I hope to never need another BK pass.
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  #6  
Old 11-07-2007, 07:01 PM
artard artard is offline
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Default Re: beats/brags

Bankruptcy: the American dream
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  #7  
Old 11-07-2007, 07:05 PM
fybpm fybpm is offline
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Default Re: beats/brags

[ QUOTE ]
Bankruptcy: the American dream

[/ QUOTE ]

Obv in this scenario its a godsent. Not something you dream of as a child but then again, neither is saving all that money and losing it.

I'm not glorifying it, it's a beat to file but its a brag to be let off the hook a little because of my huge loss.
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  #8  
Old 11-07-2007, 08:38 PM
NoSetNoBet NoSetNoBet is offline
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Join Date: Jul 2007
Location: Live low limit, where I belong
Posts: 148
Default Re: beats/brags

[ QUOTE ]
I suppose its hard to understand unless you're in this position

[/ QUOTE ]

Not really, seems pretty straightforward to me:

[ QUOTE ]
beat: clearly over extended yourself by purchasing more then you can afford. This, ironically, is the reason for the mortgage troubles & subsequent downturn in real estate prices in America.

[/ QUOTE ]

Sounds like you had fun, though. And bankruptcy rolls off the credit report after 10 years, so whatever.
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