✉news BusinessPersonal Finance first seen 11 h ago, last 7 h ago, peak #19
Ramsey Expert Warns Mom Against Chapter 13 Over $212K Debt
Original: 'You're Making a Worse Situation Worse': Cruze to Mom Eyeing Chapter 13 on $62K in Cards and $150K in Student Loans
Personal finance personality George Kamel, working with the Ramsey show, told a mother weighing Chapter 13 bankruptcy that filing would 'make a worse situation worse' given her debts of $62,000 in credit card balances and $150,000 in student loans. The exchange has drawn attention for its blunt advice, with commenters debating whether bankruptcy protection or aggressive repayment is the better path for someone in that position.
Why now: People are debating whether bankruptcy or repayment is the right response to overwhelming consumer and student debt.
George KamelRamsey SolutionsChapter 13 bankruptcy
Rank over time, top of the chart is #1. 4 snapshots from 11 h ago to 7 h ago.
Evidence
- 'You're Making a Worse Situation Worse': Cruze to Mom Eyeing Chapter 13 on $62K in Cards and $150K in Student Loans · 24/7 Wall St.
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