Thinking about NOT paying my credit cards....

I'm fairly seriously considering NOT paying my credit cards...and I have roughly five figures of revolving debt (alone) that I'm carrying. Hell...I'm barely making my mortgage payment each month as it is.... I'm considering this for several reasons....

1. I know that I didn't create this financial clusterfuck that we're in.... Arguably at least...those same banks that loaned me the money created this mess....
2. It's been said that the national debt is (or was and is still growing) roughly $250,000 for every man, woman and child in America. I know that I didn't create the national debt either...the politicians did.
3. They will put a lien on my house-- they'll get their money back (and SO much more after all the fines and fees). I've been in collections before...meah!
4. I know that I didn't go running off and buy a bunch of really cool toys....I kept up on my truck/cellphone payments and I bought FOOD and GASOLINE.
5. Given time, I can probably think of a few others....

Suggestions (other than restructuring/refinancing) and Commentary (other than encouragement-- I don't need more of that :P) would be welcome :)

Views: 52

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

Comment by youhavetoforgiveme on October 30, 2009 at 3:06pm
Too late...I already have a mountain of student loan debt :/

Debtors Prisons? I can see that happening....I still have my guns...a chance I'll have to take....

I don't think our monetary system is going to be viable much longer...six months or a year. I saw this coming some time ago....they can only keep printing empty promises for so long :/ Off to convert cash to canned food soon enough....fuck 'em...
Comment by Mimsgirl on October 25, 2009 at 4:25am
Quit using credit cards... they were from the beginning a way to control and entrap anyone who didn't pay them off each month.
Comment by Marklar on October 24, 2009 at 3:10pm
Well, you can always go for broke and run up some student loans to default on. Then when the credit card collection agencies call you can laugh your ass off and jeer at them because they have to stand in line behind Uncle Sam who will get every penny owed to them before your credit card company can even dream of touching you in any way whatsoever.

Garnishment? Just try it. Silly amateur collector. A lien? Lien on Uncle Sam and watch him take the stuff you wish you could take from me cause you ain't getting none of it. Suckers!

Of course, if they bring back debtor's prisons you would be super screwed and don't think they won't.

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Doc Vega posted blog posts
11 hours ago
tjdavis favorited Parrhesia's video
Thursday
tjdavis favorited UnitedWeStand's video
Thursday
tjdavis favorited Sandy's video
Thursday
tjdavis posted a photo
Thursday
Doc Vega commented on rlionhearted_3's photo
Thumbnail

2DF36465-A826-443C-A3A8-6638BC1D4FFA

"You can't subvert a nation that has already been subverted by Marxists and drug cartles who…"
Wednesday
Doc Vega commented on rlionhearted_3's photo
Thumbnail

2DF36465-A826-443C-A3A8-6638BC1D4FFA

"Venezuela was once a thriving nation until the left and Communism infiltrated the government, and…"
Wednesday
tjdavis posted a photo
Wednesday
tjdavis posted a video

Jacob Collier Improvises With Orchestra (Live in San Francisco)

A few months ago, I had the joy of performing with the world's first Audience Symphony Orchestra in San Francisco, a gathering of fans from all over North Am...
Wednesday
Doc Vega posted blog posts
Tuesday
Роман posted a blog post

Архітектура для мегаполісів: виклики та рішення урбаністики

Сучасні мегаполіси — це складні живі організми, де переплітаються економіка, культура, технології…See More
Monday
Tori Kovach posted a discussion

Pumpkin Face

Is he dead yet?See More
Sunday
cheeki kea posted a blog post
Sunday
cheeki kea commented on Sandy's photo
Thumbnail

FB_IMG_1770501160448

"Thumbs up find. So what ever do we have here then? Revolving doors of corruption and deceit that…"
Sunday
cheeki kea left a comment for Роман
"Greetings and well wishes to you POMaH, great that you've joined us all here at the site. May…"
Sunday
Sandy posted photos
Feb 8
Doc Vega posted a blog post

Something is Making Fishermen Disappear It’s not Alligators or Sharks

 The setting is a section of the Ohio River where many locals enjoy fishing, swimming, and boating.…See More
Feb 7
Роман is now a member of 12160 Social Network
Feb 7
Doc Vega posted a blog post

Always Wondering

The face of reality pressed against your window paneIs it engineered or is it real rain?So, you…See More
Feb 6
tjdavis favorited Burbia's video
Feb 5

© 2026   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted