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.
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.
Kim and her husband are relocating. They wonder if they should take on debt in order to fix up the house they're selling. Dave has a short and simple answer for them.
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.
Sandy's husband had an ATV accident a few years ago. They were both in-between jobs at the time and had no insurance. They still have $20,000 in medical bills to pay, in addition to $8,000 in credit card debt. Dave tells them where to start in order to clean up the mess.