My first reaction is that the guy also needs counseling on how to invest and save for the future, but it sounds like $13K is a fraction of the total settlement and he wanted it to buy a 2004 Durango, showing the guy is hardly inclined to be a spendthrift. I have no knowledge of the quality and value of the pickup that he was purchasing, but if that is what he wants, it is not my job to question his decision.
Can’t argue with that.
My belief is that we are not getting the whole story. If the bank did what the article suggests, and there are no other relevant facts, then the folks at the bank are morons.
I just find that hard to believe, and I’ve learned time and time again that if that is the case, we are probably not hearing some key information.
Post #2 is in the article
He received three checks from his settlement that totaled around $100,000. This happened in my hometown and I read about it yesterday.