Couple Earning $200K With $555K Debt Call Bankruptcy An Escape — 'Ramsey' Host Says They're 'Broke People' Facing A 'Living Hell'
Yahoo Finance·2026-01-08 16:46

Bankruptcy felt like an escape to a couple earning about $200,000 a year after their debt climbed to roughly $555,000. Regina, a caller from San Antonio, said the pressure had become overwhelming. "What do you do when you can't pay the minimums?" she asked host George Kamel on "The Ramsey Show." She said the couple was overwhelmed by creditor calls and unsure whether to keep answering them, try negotiating payments, or allow accounts to fall behind. Don't Miss: The AI Marketing Platform Backed by Insid ...