To: Sloth
Sloth, your going to get in trouble for that one.
Debt is only bad when the bank says no.
My brother in law was over extended. He owned a house,an island lot and a boat.
He also quite his job to start up his own business which he borrowed money to get going.
The bank kept giving him credit until he sold the boat which the bank was not interested in foreclosing on since boat sales in his town were flat.
Once the boat was sold they foreclosed on everything and forced him into bankruptcy.
Banks and creditor nations foreclose when it's in their advantage not your convience.
To: beaver fever
Banks and creditor nations foreclose when it's in their advantage not your convience.Thank God the Chinese love us, and will always indulge us.
34 posted on
12/17/2005 9:32:46 PM PST by
Travis McGee
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