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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,882
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Quote:
Originally Posted by Heel n Toe
As it has been said here, there are various levels of meltdown/collapse that could occur.
I assume the financial advisors say to get out of debt so that if you lose your job, you'll own a place to live... and a means of transportation.
If you can't pay off your home and vehicle without extreme belt-tightening before this collapse, just be prepared to deal with the bank taking these things away from you... and you can either rent a smaller place (if you can afford that) and buy a less expensive car to get you by.
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Possibly the most sensible answer here...thanks.
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