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Podcast – Straight Talk About Student Loan Forgiveness if You Are in Jail

Get Out of Debt Guy Podcast

Yesterday I wrote How to Get Your Federal Student Loans Forgiven if You Go to Prison. The results of my research were so surprising I had to make this podcast as a follow-up. This is just another wrinkle in the ridiculousness created by student loans. After taking a deep dive into this subject, I’m not … Read more

My Sone Went to Jail and I Paid for His Lawyer on My Credit Cards. – Norman

“Dear Steve, Hello, I owe a total of $10,000. ($5,000 to Visa $5,000 to MasterCard) I have had perfect credit for the past 15 years. I had to spend $10,000 on a lawyer for my son. (the plan was for him to be released and he would pay this off, he will be released on … Read more

Payday Lenders Get Consumers Tossed in Jail in St. Louis

Just when you though we were done with the foolishness of spending local government money to assist debt collectors, a loophole in Missouri allows creditors to have consumers tossed in jail. Now don’t get too worried, this is happening because people are missing court dates. But consumers are also being setup for this as well. … Read more

Insane Couponers: Savey-Savvy Perp!

“Extreme couponers” are seen by many as selfish, greedy hoarders. Thanks to those showcased on the TLC disaster show, “Extreme Couponing”, I’d have to generally agree. Perhaps we should label this new breed of couponers, those that hoard or manipulate the system as: Insane Couponers. Insane Couponers are popping up left and right, north and … Read more

Maryland Lawyer Richard Brennan Jailed for Debt Settlement Services

I was reading the MCRC Maryland Consumer Right Coalition “Debt Settlement in Maryland: Compounding problems, deepening debt” report. You can download your copy here. In the document the story of attorney Richard Brennan who got heavily involved in debt settlement is told. It’s one of the few cases where I’ve seen an attorney go to … Read more

My Parents Were Sued by Landlords Mortgage Company. – Jacob

Jacob “Dear Steve, My parents were sued by a mortgage company that took over the house they lived at (almost a year ago). The landlord at the time went with my parents to court. She agreed to pay the settlement ($2400). We got her to sign an agreement with her saying that she would pay … Read more

Will Banks in Dubai, Hunt Me Down in Canada? – Kent

Kent “Hi Steve, I left Dubai without paying my credit card bills with 2 int’l. banks. I am now here in Canada on a permanent resident status. Can they trace me here? I am worried that it might adversely affects my application for Citizenship should I apply after 3 to 4 years. I am really … Read more

I Have Worked in UAE Dubai, a GCC Country, and left With Unpaid Debts. I Now Live in India. – Andrew

Andrew “Dear Steve, I have worked in UAE -Dubai ( GCC Country) for 5 yrs and i have bank debts (Credit cards and personal loans and car loans) in that country and i came back to India without paying them back. Basically i am from India. What can i do other than this if i … Read more