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Welcome back to the Dave Ramsey show we're glad you -- -- America thank you for joining us let's go to Greg in Sarasota Florida.
I Greg welcome of the Dave Ramsey show.
-- they -- hey what's up you.
You too -- -- that little that would have been PM my white in the and I.
We've got caught in the bubble and my wife came down with cancer.
-- and we now have two houses in foreclosure.
We're live in in the third one.
And we have about five credit cards who is -- ever get 5000 each.
And don't know which way to turn.
I've talked to some financial people they all say go bankrupt and I know that's against.
Or that lifting the I'm not only -- your wife doing my.
She just had her operation she had her lung removed.
She's survived and she's recovering thank god.
Does that give -- only thing.
It is they say they have all we're going back for radiation.
Just to make sure I believe.
So she's got to work and and that I got hurt work at the same -- -- I believe.
I got hurt at work and what what happened to him.
I hurt my back and -- -- Don't know where they say they're gonna -- vocational we have for me it's gonna.
The we went from about -- -- 3000 to -- you can download real quick.
Now -- expect causing -- a problem brother.
It yeah well absolutely -- and I -- -- with them but we'll listen -- me -- let me tell you the way I look at things like this what you've got is it is an overwhelming situation.
Mean my god you got a back injury work your wife's got cancer had a lung removed yet houses in foreclosure you got four credit cards calling you.
You've lost your jobs.
I mean you know he is just totally overwhelming right.
Yes it is kind so let's stop and think about what I've learned to do in crisis situations and -- -- in the myself as you know.
Is just kind of start to break down let's just do the big things first.
OK okay so so what's the big things here.
Well housing credit cards aren't big things lives those are big things right to -- -- error or take care her for pushed.
That's number one thing.
But there are two things take care you.
You guys gotta get your health back.
-- address this crap really doesn't matter until that's done does it.
You know we don't do any thing else and you file bankruptcy you give up all houses -- one bedroom -- get your -- -- you can -- you can -- -- Yeah we've -- so what let's just start with that.
Because it's it takes an immense amount of emotional and spiritual energy not to mention physical energy.
To fight back problems and cancer.
Ferrari if you have nothing else going on that's enough.
-- -- Time one of -- if one of those will be enough.
So I really want you to spend like 9% -- your energy on you guys and working on that -- the second thing if there's anything left.
Is we need to start thinking about where what we can do to generate some income.
Given the limitations obviously you know you have a lung removed you don't just run back to work the next week it's not exactly outpatient surgery right.
So it's going to be a little while before she's back earning an income of -- a little while for your back earning a big income but.
There's some things you can do to earn some income during this time and that's going to be important because you need to keep food literally real food on the table.
Can keep she -- on.
You keep how current pitcher Livan -- See if you just do that right there.
You've you've performed a minor miracle.
He's credit cards can jump in the creek and these houses -- -- heck with the.
-- you -- -- -- and then the one we believe we downsize to the one which he had cancer we downsize the one we had lived in previously.
The cheapest -- air India it is the one you move into because that's comedies -- can't pay for pentagon -- for an income right.
A word or get a ride right -- when you're just barely.
And the -- of the house is the faster -- gonna rebuild.
You take on some 2000 our house -- don't take awhile to rebuild right.
Know our house payment went even the equity that I took out.
Is 800 a month.
You can see see what I'm saying let's go back to running real hard core foundational basics.
Now then let's move on to your question.
But let's the health is coming back the careers are coming back -- six months from now.
And that two of the two houses got foreclosed on me and you can't keep them from being foreclosed on they're gonna take a lot of problem.
This really it just release it -- Don't worry about.
Justice -- but house there's a house on ever corner and Florida.
OK you can get a house anytime you -- house it's not a problem.
Just -- just let those go.
-- -- credit card companies the same way we get cancer and back surgery and morale are back rehab or out of work we're not -- and -- right now.
The -- in the -- and don't -- phone calls from credit card companies right now.
You can't do it now let's fast forward six months from now eight months from now you're back to work the basics are covered you got a little extra money coming -- Now you go Michael's credit cards up one of the time you settle with them and clean up your life.
And then if the one of those foreclosures comes back to you go back and you work a settlement with -- and may not even come back to you.
But and I don't mind you found bankruptcy if you were filed -- -- just wave -- wand over this thing that's fine.
But -- but but the debt is not your problem because you can pay it anyway.
The problem is the health and slash.
Career issues that you guys are facing -- we'll take you a little while to recover brother hang on we're gonna help young Paloma counselors which is my gift.
You definitely somebody on your team right now.
We'll be back on more -- --
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