Definitely! All of your debts will be totally eliminated if: 1. You win the lottery, or, 2. You die. I'd recommend the first one, but that's just me... +5

Yes, never get into debt in the first place. Never buy more than you can affort. If you're already in debt, arrange to pay off in installments. I buy everything in cash, including my cars, and pay all my credit card bills on time. The money I save from paying interests, I put in my savings account for myself.

I left the debt behind when I divorced my wife. I made sure everything was in her name so when the time came it was and still is all hers. Happy Birthday Marie!!!!

I'll let you know!

Yeah. Divorce the bitch.

Yes, but man it takes alot of work!

NO!

Sure. Just takes determination.

sometimes its better to have debt, like if youre paying off a mortgage at the same price every month for 30 years, you get the benefit of inflation. if inflation increases more than your interest rate, you win.

Yes, if you put paying off your debts ahead of your wants. It is hard but you have to cut back and spend only what you absolutly have to. I am almost out of debt now. I have only one bill left but it has not been easy living on a very low Social Security pension.

your almost never really out of debt but it can seem like it if you put yourself on a budget

Not according to the song "Sixteen Tons:" Some people say a man is made outta mud A poor man's made outta muscle and blood Muscle and blood and skin and bones A mind that's a-weak and a back that's strong You load sixteen tons, what do you get Another day older and deeper in debt Saint Peter don't you call me 'cause I can't go I owe my soul to the company store I was born one mornin' when the sun didn't shine I picked up my shovel and I walked to the mine I loaded sixteen tons of number nine coal And the straw boss said "Well, a-bless my soul" You load sixteen tons, what do you get Another day older and deeper in debt Saint Peter don't you call me 'cause I can't go I owe my soul to the company store I was born one mornin', it was drizzlin' rain Fightin' and trouble are my middle name I was raised in the canebrake by an ol' mama lion Cain't no-a high-toned woman make me walk the line You load sixteen tons, what do you get Another day older and deeper in debt Saint Peter don't you call me 'cause I can't go I owe my soul to the company store If you see me comin', better step aside A lotta men didn't, a lotta men died One fist of iron, the other of steel If the right one don't a-get you Then the left one will You load sixteen tons, what do you get Another day older and deeper in debt Saint Peter don't you call me 'cause I can't go I owe my soul to the company store

I used to help people do it for a living. Debt Consolidation is not Debt Negotiation. Negotiation is a really good option. You can pay back about 60 percent of your debt with low monthly payments and be debt free in 2-6 years.

Sure. Pay what you owe, or file for bankruptcy.

Yes. Park the cards. Find free things to do. Change your life style. Quit "hanging out". Get a second job and "hang out" there. Do not loan money to anyone. Eat left overs. Quit smoking. Drink water, not soda. Buy burgers from Wendy's off the $.99 menu. There is no shortcut. But call each creditor and ask for lower rates and ask for reduction in balance for payoff. File bankruptcy if you get no cooperation and the ticker keeps running.

Little debt sure, lots of debt maybe. Of course it depends on the circumstances.

no, not for me. I am doomed to be in debt forever. omg.

Absolutely! You either have to win the lottery or you have to die. Unfortuneately, dying has higher numbers of success.

yea. takes a while. i've never been in debt. no car, no house, no nothing. just stay clear from it.

Yes. For people who do not make a lot of money it requires making a long, hard, sad, money saving plan. In my case, I spent almost five years of just working in order to pay, working in order to pay, and so on, just buying the basic items that I needed to survive. It is not easy, even painful, but it can be done.

There are a number of ways you can tackle your credit card debt. If you want to get the creditors off your back without filing for bankruptcy, you can negotiate with your creditors or even hire the services of a credit counselor or debt settlement firm who will negotiate with your creditors and help you establish a payment plan. Debt settlement is a program designed for consumers with serious debt problems who are unable to maintain payment obligations and are considering bankruptcy or credit counseling. Debt settlement is the process in which you stop paying your creditors for some time and save that money so that you can then negotiate with them to settle the debt for a lesser amount. So it is better to seek help from any reputed debt settlement company. Such companies can handle it properly as they are experts in that field. http://freedomdebtrelief.com/debtreduction.php

Nothing impossible. But you will need discipline and consistency.😎

Yes. "Don't buy stuff you cannot afford!" Steve Martin snl debt skit: https://vimeo.com/41152287

Don't have credit cards. After you get out of school, go to work ASAP and start paying those student loans off.

Yes