>130k in debt
>135k in assets
How do I unfuck my shit? I'm so damn tired, I don't think working a third job is possible, and I've already started renting out a room
>>1354002
>130k in debt
How, nigger?
>>1354008
Mortgage, loans
>>1354002
anon, assets and debt are the equivalent of matter and antimatter. They just cancel each other out when they touch. In the end you'll have $5k for whatever you want to buy
>>1354062
he can't live on five k
>>1354002
might as well sell the assets to pay the debt or interest is going to fuck your ass
>>1354002
suck dick
>>1354002
I would genuinely recommend you sell all your assets and settle your debt NOW.
Economic collapse is coming up fast, and you may find your assets drop in value to 60k and you still have 130k debt.
>>1354353
It's only worth selling the asset right now if he knows he's going to sell the house when the crash occurs, whenever that may be. However, if the OP intends to stay in the house long-term, it is probably better to sit tight.
The powers-that-be will reflate assets again in a crash and there is no guarantee that a person will get the timing right.
bankruptcy
