Bill had a judgment filed against him for an old, unpaid medical bill. He asks Dave if he can negotiate the debt, which is now $700 more than the original amount. Dave tells him it's possible, if he doesn't have $3,200, and explains the ins and outs of dealing with collectors.
John Mark calls in from Florida, where he's trying to help a disabled couple who are in a really bad situation with a car loan they took out for their son. In a long discussion Dave walks him through the financial and legal possibilities involved, and then goes on a mini-rant targeting questionable business practices.
Joe's mom is a stroke victim. She's also 81, and she has no assets, but she has $15,000 in old debt. Joe asks Dave how to deal with the situation, and Dave offers advice on handling the debt and the collectors.
Rebecca is a real estate agent from Indianapolis, IN, who just attended a class on reverse mortgages. She couldn't get straight answers from the teacher to some of her questions, so she called Dave to clear things up.
Anne from Dayton, Ohio, asks Dave if he views personal debt and business debt the same way. Dave explains that the only real difference between the two is in your mind.
Jeremy and his wife are recent graduates, and they have $300,000 in student loan debt. They want to buy a rental property, with ideas of the income helping to pay off their debt, but Dave leaves no doubt he thinks this is a bad idea.
Kate recently took out a HELOC, with no first mortgage, and now she wants to roll other debt into the loan. Dave explains why this is a bad idea, and gives her a better, safer solution.
Stephanie and her husband are a little confused about the Baby Steps. She calls in from Dallas, Texas, to get Dave's help.
Dave learns that Kendall from Midland, Texas, has a bigger problem than the Baby Steps. He has almost $90,000 in debt from two cars he's upside down on.
Lex needs help explaining to his wife the difference in taking on debt to buy a car and having a mortgage. Dave helps him with this, and explains his view on debt.