well, No, I'm not proud of it butt...?
#1. This was back in the Early 80's, it's alot different now.. There was no help, nottin, you were on your own..They ( Med Bills Wanted us to File Bankruptcy and would not accept payments and didn't want to take us to court) They were Ruthless.. Why? They would get the State and Fed to pay for it...after I went bankrupt..!
#2. When your Broke an only have your Credit left to feed the Family? You'd be amazed what you will do..Let alone Give what you can to your Wife who is dying..before she goes..
3. Back then, when you couldn't make House payments after 6 mos? They Repo'd the House and evicited you and If they sold it for Less than you owed? You Still Owed the difference! And The same goes for Car Loans... Not like now-a-days, where you can just walk away..
#3. Even today..Thousands if not more, have been buying things at stores, then Re Selling them on Ebay and Personal For sale adds.. to raise Cash..
So for all you self rightous out-there? You best just Hope you don't end up in a similar situation..
Unfortuantely Thousands are with those Over Paid for homes and Very High Mrtgages( many refinanced to even Higher Amts on them after purchasing them) on homes worth 30-50% less now.. If they don't get Agreements ahead of time? And Just Give it back? They can STILL be on the Hook for whatever the house sells for vs what they owned...Thus bankruptcy is the only answer..
Are they any different? Bought a Place way over their head, Enjoyed it for several Yrs, sold the Furniture to raise Cash and then Bailed? And most Knew very well they couldn't afford those places, just like the Millions of Auto Vehicles that were sold under the same circumstances.. GM was actually Paying Buyers to buy a car with 100% financing! and giving your a $500-$,2500 cash refund! On $ you borrowed from Them! And the Car Salesmen/women Knew it, but it got them their commissions, so what did they care..! Nice Con Game!
And how about Buying Tools, etc at The Big Box stores, use them for a Few weeks and then can return them with their 30-60 -90 day rtn policy..? Same goes for That Costco and other Appliance Places.. and they Include FREE Deleivery! Need a hot tub or Above ground Pool for the 3 mo summer for FREE? many places sell them with a 90 day rtn policy.. others charge a 10-20% rtn fee... Big deal..! I know a guy down the street from me that does this every summer..and he always has a new Lawnmower! Gets a newone with a 90 day rtn, uses it for 89 days, rtns it and goes and buys another one and when Fall Comes. He rtns the 2nd one and waits till spring to do it all over again.. He's been doing that for yrs! LOL!
I'm with the VA.. guess How many guys are selling their Drugs on EBAY and other places for drugs they don't need anymore? Guess how many are Buying Drugs and Other Medical Supplies thru their Ins. co. Plans, pay the Copay /Ded. and then reSell it on EBAY and other places? How about A Used Wheelchair? Those New Scooters that Medicare pays for?
How about Buying Gardening -Plants at Home Depot , etc. that have 1 yr Guarantee's? They play the % that most won't if they die with-in that time.. but many take advantage of it and keep returning them after they Kill them with alittle gasoline to get a different one for Free.
Welcome to the Dark Side of The REAL WORLD...! On what's been really going on out-there..
and of course, 2 wrongs don't make it right either..
