Originally Posted by d-man

House 140k
student loan 20k
line of credit 12k
cc 3k
all adds up to 175k

I make more than you and I pay for the house myself but I don't just file bankruptcy and let eveyone else take the fall. You are the reason why the US is going into a resession. People use credit to pay for stuff then can't afford it or don't want to pay it back and then file bankruptcy and everyone else has to pay for it in the end.