Debt

Walking on thin ice

Justin is in the military. He and his wife are debt-free, but they're thinking about taking out a loan he says the Army will repay. Dave warns him not to do it.

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Pause the debt snowball

Adam is going through a divorce that's about to be finalized. He has been following Dave's plan, and was working on his debt snowball. Adam asks if it's okay to pause work on the debt snowball while getting back on his feet financially. Dave and his daughter, Rachel Cruze, both say yes.

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Can I negotiate?

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.

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Mom has no assets

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.

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