What happens if you go bankrupt?

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  • Опубликовано: 4 окт 2024

Комментарии • 2,7 тыс.

  • @HenryBelcaster
    @HenryBelcaster  Год назад +1365

    Learn more with us! SmartNonsense.com 🌈

    • @b4jw4
      @b4jw4 Год назад +1

      ok

    • @OBeech00
      @OBeech00 Год назад +1

      What if she payed for a heart surgery

    • @lepenseur8242
      @lepenseur8242 Год назад

      And how will she get this card? I mean she's a brokie

    • @EnReaper
      @EnReaper 11 месяцев назад

      If your wondering why banks usually don’t go broke because of this is because there’s something called credit.
      They won’t lend you 8 million dollars if they don’t trust you.

    • @JayhnuarMaduro
      @JayhnuarMaduro 10 месяцев назад

      I live in aruba😊😊😊😊😅

  • @gunslinger37933
    @gunslinger37933 Год назад +43887

    henry is teaching us how to commit financial fraud

    • @ivankaurin86
      @ivankaurin86 Год назад +1417

      Let's do it all together and do not pay back

    • @RandomGuyFromUlacylon
      @RandomGuyFromUlacylon Год назад +363

      ​@@ivankaurin86 are you sure about that? The IRS exists...

    • @justin13645
      @justin13645 Год назад +589

      @@RandomGuyFromUlacylon then let’s buy an army then

    • @TheeFinesserProfessor
      @TheeFinesserProfessor Год назад +131

      They get their money trust you’ll be working for free for the rest of your life 😂

    • @chessycontent
      @chessycontent Год назад +47

      Well after you file for bankruptcy, you don't usually get ANY loans for a long long time. It's called credit score

  • @brandonb1631
    @brandonb1631 Год назад +26892

    You owe the bank a hundred dollars, it's your problem. You owe the bank a hundred million dollars, it's their problem.

    • @meli10xd
      @meli10xd Год назад +357

      I don’t get it

    • @ProbablyVoid
      @ProbablyVoid Год назад +2912

      ​@potassium The point is, 100 dollars is nothing to a bank. 100 million is a lot, obviously.. And you most likely won't have the money to pay the bank back, even partially, so the bank loses a lot from that exchange.
      TL;DR
      The bank ain't getting their hundred million back

    • @puchy110
      @puchy110 Год назад +1399

      @@meli10xd basically if you owe the bank an absurd amount of money, the implication is that the bank is never going to get it back. I.e. they shouldn’t have loaned that to you in the first place.

    • @chaydanmorgan917
      @chaydanmorgan917 Год назад +287

      @@meli10xd because you’ll probably never be able to pay them back 100million

    • @jbruck6874
      @jbruck6874 Год назад +206

      Owing 100 bucks is not a problem for adults,
      Owing 100Mil is the Bank's *and my* problem - nearly anything on my name will be sold and deducted from my salary for the rest of my life, or..? (Regulations differ by country, I live in Europe)
      EDIT:
      OMG >10 likes - I AM FAMOUS!!!!!

  • @waleedshadani
    @waleedshadani Год назад +6483

    This is what Micheal Scott must've went through when he declared bankruptcy.

    • @voestalpine27
      @voestalpine27 Год назад +83

      He didn’t even know what bankruptcy was until Oscar told him lmao

    • @shriyanshpaul7185
      @shriyanshpaul7185 Год назад +18

      I just watched the episode woo

    • @jin_cotl
      @jin_cotl Год назад +7

      What :/ he was like one my favorite characters in The Office

    • @zabairghafoor888
      @zabairghafoor888 Год назад +2

      My favourite scene !!!

    • @crispycuero
      @crispycuero Год назад +1

      I just thought about the SAME THING

  • @Pixoul.
    @Pixoul. Год назад +4976

    "You owe us 8 million dollars"
    "Double it and give it to the next person"

    • @jayray6844
      @jayray6844 11 месяцев назад +25

      Hilarious 😂

    • @faruslol8463
      @faruslol8463 10 месяцев назад +53

      No no no double it and give to elon musk

    • @Pixoul.
      @Pixoul. 10 месяцев назад +8

      @@faruslol8463 nah

    • @mkstouchandtry3644
      @mkstouchandtry3644 10 месяцев назад +10

      Double it and take it from the next person

    • @mytrix6644
      @mytrix6644 10 месяцев назад +1

      ​@@faruslol8463dats genius

  • @FireAttack0811
    @FireAttack0811 Год назад +593

    Henry taught me how to commit financial fraud with this one 🐐🐐🐐

  • @chessycontent
    @chessycontent Год назад +6915

    "I'm just asking for a friend"
    smoothest way to declare bankruptcy 😂

  • @kvetchenfinks7044
    @kvetchenfinks7044 Год назад +3602

    Fun fact kids, student debt doesn't go away when you file for bankruptcy. You'll never escape THAT debt

    • @jasondeaver2117
      @jasondeaver2117 Год назад +151

      Partly thanks to our current president

    • @andyc9902
      @andyc9902 Год назад +82

      Don't go to college. Learn a trade.

    • @evanbarnes9984
      @evanbarnes9984 Год назад

      ​@@jasondeaver2117 literally no. Biden even JUST vetoed a bill that would have ended the student loan forgiveness program that he set up in the first place. If you're looking for the people to blame for student loans being an absolute shitshow, look no further than Republicans! They're responsible for literally every financial crisis of the last half century

    • @senseishu937
      @senseishu937 Год назад +300

      ​@@andyc9902yes, that definitely works if you're trying to be a scientist or doctor :D

    • @JK-cq5nc
      @JK-cq5nc Год назад +12

      Child support arrears too.

  • @francescottoti6458
    @francescottoti6458 Год назад +4761

    "Cause I got 30,000$ in credit card debt"
    -Peter Griffin

    • @ezedeanda5675
      @ezedeanda5675 Год назад +236

      "when they call I'll tell them I cant pay them back yet"-peter griffin

    • @Lung-Stealer
      @Lung-Stealer Год назад +171

      ​​@@ezedeanda5675 "credit card debt!" -glenn quagmire
      "Tomorrow I might buy myself a dining room set. Or this boba fett!" -peter griffin

    • @dark3ned
      @dark3ned Год назад +130

      "Credit card debt! Credit card debt! Credit card debt!"
      -Peter and Quagmire

    • @KiremiReviews
      @KiremiReviews Год назад +45

      "Everything tastes better with melted cheese."
      - Peter Griffin

    • @capperbuns
      @capperbuns Год назад +2

      696 likes

  • @matteotube6094
    @matteotube6094 Год назад +269

    Pov: You rented everything and they can't take anything

    • @calvinwhoa
      @calvinwhoa 7 месяцев назад +13

      Buy gold and bury it 😂

    • @parsawhatdoyoucare5138
      @parsawhatdoyoucare5138 7 месяцев назад +4

      ​@calvinwhoa that's definitely a federal crime of some sorts.

    • @calvinwhoa
      @calvinwhoa 7 месяцев назад

      @@parsawhatdoyoucare5138 probably but if they couldn’t find it when searching for stuff to sell they probably can’t find it when there’s an investigation 😂

    • @JJK-OPM-DN
      @JJK-OPM-DN 5 месяцев назад

      Its not a crime if theres no witnesses,​@@parsawhatdoyoucare5138

    • @kahedakylar
      @kahedakylar 5 месяцев назад +2

      mf is criminal mastermind

  • @shuhulsofficials5529
    @shuhulsofficials5529 Год назад +175

    As a homeless guy, I see this as an absolute win

    • @banonos
      @banonos 8 месяцев назад +6

      Wait you're actually homeless how do you even got WiFi or are you just joking

    • @mendyc158
      @mendyc158 8 месяцев назад +13

      @banonos
      He is joking and also, most homeless people nowadays have phones with basic internet plan bc is a necessity

    • @banonos
      @banonos 8 месяцев назад +4

      @@mendyc158 ok honestly I don't expect to have answers to that thanks anyways

    • @FREEROBUX4CHILDREN223
      @FREEROBUX4CHILDREN223 5 месяцев назад

      Say bye to your organs and limbs

  • @DepFromDiscord
    @DepFromDiscord Год назад +6691

    “You owe us 8 million dollars.”
    *_slowly pulls out credit card_*
    “No.”

    • @EditorBradley-b2
      @EditorBradley-b2 Год назад +87

      U use debit card

    • @jr.slayer3315
      @jr.slayer3315 Год назад +74

      U can't pay credit with credit

    • @DepFromDiscord
      @DepFromDiscord Год назад +206

      @@jr.slayer3315 no, really? I didn’t know.

    • @jacenlam9888
      @jacenlam9888 Год назад +44

      ​@jr.slayer3315 you missed the joke

    • @kamekaha52
      @kamekaha52 Год назад +10

      ​@@DepFromDiscordi didnt literally onow that you cant do this. i dont have a credit card, IM STILL NOT ELIGIBLE

  • @RabanyMedo
    @RabanyMedo Год назад +3395

    The thing is, Amex or any other credit card company would never give you 8 million dollars if all you owned was an old mobile home.

    • @StevoTheAce71
      @StevoTheAce71 Год назад +65

      Bingo

    • @jajones11
      @jajones11 Год назад +41

      Hyperbole is a hell of a thing

    • @RabanyMedo
      @RabanyMedo Год назад +2

      ​@@jajones11I know

    • @Electricity667
      @Electricity667 Год назад +22

      Actually yes because the platinum isn’t a credit card it’s mainly a charge card which has no spending limit

    • @00Jaxs013
      @00Jaxs013 Год назад +2

      Unless you're asking for college loan (for some reason)

  • @cicikus949
    @cicikus949 Год назад +1269

    he pulled out his *AMERICAN EXPRESS PLATINUM CARD*

    • @Quittedd.
      @Quittedd. Год назад +70

      Sorry ma'am. But that card is npt available.

    • @nobodyisme
      @nobodyisme Год назад +58

      So I can't use my AMERICAN EXPRESS PLATINUM CARD

    • @nobodyisme
      @nobodyisme Год назад +45

      it's sad I can't use my AMERICAN EXPRESS PLATINUM CARD

    • @hammudyshahfik6744
      @hammudyshahfik6744 Год назад +13

      Fine. Fine. You may use the card

    • @hammudyshahfik6744
      @hammudyshahfik6744 Год назад +25

      What?! I can use my *AMERICAN EXPRESS PLATINUM CARD*

  • @PeanutIsFunky
    @PeanutIsFunky Год назад +32

    - give almost everything you own to your friend
    - go bananas with the card
    - get the remaining property taken
    - get the almost everything from your friend back
    - now you committed a fraud.

    • @bindusharma826
      @bindusharma826 6 месяцев назад +3

      As soon as that almost everything gets back to you they will take it

    • @ambreenasif-zt3kg
      @ambreenasif-zt3kg 5 месяцев назад

      No need to​@@bindusharma826

  • @mikelchannel4080
    @mikelchannel4080 10 месяцев назад +2

    Spanish banks 😈
    Context, in Spain we had that system like the US, but in 2008 the government made a reform in Real Estate, if you couldn’t pay the house, the bank could take back the home and sell it, but the bank doesn’t asume the losses, you will need to pay the 100% of the debt.
    Even though you don’t own the home anymore.
    Example, you buy a home buy 300.000€, there’s the crash and the home is foreclosed, it goes in auction and it’s sold for 100.000€ (did I mention that the mayority of buyers were banks buying their own houses?) so the person that bought the home doesn’t have a house anymore but he still needs to pay for 200.000€

  • @robotp-2
    @robotp-2 Год назад +1652

    Plan
    Step 1: take out the biggest loan in history
    Step 2: give/spend that money on someone else (family and friends)
    Step 3: file for bankruptcy
    Step 4: if the bank wants your money you have nothing.
    Step 5: profit (Or go to prison)

    • @torchybeacon245
      @torchybeacon245 Год назад +184

      And probably be sent to life in prison

    • @CitrikkAcid
      @CitrikkAcid Год назад +112

      ​@@torchybeacon245 he did not account for imprisonment in his equation 😂

    • @canyon9749
      @canyon9749 Год назад +146

      Step 6: invest in new (totally not scam) cryptocurrency 🤑
      Step 7: Octuple investments after it blows up 😎
      Step 8: profit even more 🔥

    • @robotp-2
      @robotp-2 Год назад +46

      @@canyon9749 NO

    • @RhubarbEnjoyer
      @RhubarbEnjoyer Год назад +123

      ​@Canyon step 9: crypto crashes and you go broke
      Step 10: sell feet pics-

  • @bbqenjoyer
    @bbqenjoyer Год назад +5139

    Go all out, bankrupt them.

    • @j.b.fsomin7242
      @j.b.fsomin7242 Год назад +70

      You do know how credit cards work right?

    • @sudokuacrobatics
      @sudokuacrobatics Год назад +214

      Credit cards usually limit you to a Max number of cash, but if you have an unlimited card...

    • @USA_UNITED1776
      @USA_UNITED1776 Год назад +84

      Ah yes crash the biggest industry in the entire world that market stability depends on. If everyone did this the disaster would be worse than 2008, 230,000 people died from that crisis. But sure, go and cause a crash just to get back at your bank for...? Having money??

    • @imtyler99yearsago90
      @imtyler99yearsago90 Год назад +2

      You can't say that word

    • @USA_UNITED1776
      @USA_UNITED1776 Год назад +31

      @@sudokuacrobatics even unlimited cards have limits. The highest limit is about 25,000. Also if you ever get any money again the company will sue you for it.

  • @rekttryhards2102
    @rekttryhards2102 Год назад +691

    “I’m asking for a friend”
    Proceeds to tell us how bankruptcy works

    • @hilaryowiredu7754
      @hilaryowiredu7754 Год назад +10

      That is a bit odd 😮

    • @rekttryhards2102
      @rekttryhards2102 Год назад +2

      @@hilaryowiredu7754 he asked it as a question, then told us.

    • @horsepaste
      @horsepaste Год назад

      ​@@rekttryhards2102So why'd he ask 💀

  • @Benjamin-iz3jv
    @Benjamin-iz3jv Год назад +2

    Thanks for mentioning aruba🇦🇼

  • @chenyongyan6664
    @chenyongyan6664 Год назад +79

    As a homeless person i see this as an absolute win

    • @Starman0_0
      @Starman0_0 Год назад +2

      Thats sad to mention but it's so true

    • @chenyongyan6664
      @chenyongyan6664 Год назад +1

      Lmao

    • @lem2004
      @lem2004 11 месяцев назад

      Good luck getting the platinum credit card

    • @jerey6
      @jerey6 8 месяцев назад

      @@Starman0_0Nah i think they're joking

  • @MassiveMushroom
    @MassiveMushroom Год назад +3345

    Honestly, she deserved it after that “YaAAaAaaAs QuEeN”.

  • @jeremytheimer7443
    @jeremytheimer7443 Год назад +1020

    There shouldn't be multiple types of bankruptcies. Far too many companies have filed for bankruptcy and those running them haven't had to pay anything.

    • @DjAmaratziOfficial
      @DjAmaratziOfficial Год назад +95

      It’s usually because companies are entities themselves and thus debt is owed by the company not the owners of it. That’s how it usually works and it goes even deeper with holding companies that are holding companies for other holding companies. It’s a deep rabbit hole.

    • @ec7005
      @ec7005 Год назад +44

      The entire point of a limited liability company is so employees can't be liable for bad financial decisions made by the company

    • @jeremytheimer7443
      @jeremytheimer7443 Год назад +21

      @@ec7005 Executives who make the big decisions shouldn't be considered the same as employees. Not one of the bankers in the 2008 financial crisis ended up broke and ostracized., which is how normal bankruptcies end. My personal views are have government minimally involved in the economy. Which means they should let companies die and let people deal with the short term harm rather than the long term harm of a bad company staying afloat on taxpayer funds.

    • @shawnpitman876
      @shawnpitman876 Год назад

      @@DjAmaratziOfficial Which is stupid and shouldn't exist. It's just a loophole that richer people use to protect all of their assets from being repossessed when they file for bankruptcy. Which in the end leaves people like you and me footing the bill for the losses.

    • @shawnpitman876
      @shawnpitman876 Год назад

      @@ec7005 Found the buffoon who thinks that starting companies that go under shouldn't cost you any of your belongings.
      So tell me buffoon, since you think no business owner should ever lose their money, why is it that we allow them to charge so much because of them "taking a risk"? Seems to me if they're protected from any form of risk we should stop acting like people starting companies are taking any form of a risk, because it never costs THEM.

  • @Z_X3R0X_Z
    @Z_X3R0X_Z Год назад +138

    Pro tip: Commit credit card fraud so then you don’t go bankrupt

    • @bobbert4679
      @bobbert4679 Год назад +6

      Always wear protection 💯

    • @rrosski
      @rrosski Год назад

      ​@@bobbert4679 whar

    • @SgtPineBox
      @SgtPineBox Год назад +1

      WARNING:may cause your exile from american society in a building meant for exiling

    • @jovan-noble-guy749
      @jovan-noble-guy749 Год назад

      ​@@rrosskiI think that 's from a durex ad.

  • @CaptainCrunchOfTheSeaOfThieves
    @CaptainCrunchOfTheSeaOfThieves 11 месяцев назад +2

    Only thing he didn’t mention is your credit score becomes non existent after that making it really hard to get another card

  • @Notme12412
    @Notme12412 Год назад +41

    Police: You owe us 8 million dollars
    Me:pulls out reverse card

    • @OriginalGang-rc1so
      @OriginalGang-rc1so 7 месяцев назад +3

      Police: Pulls out a gun

    • @Notme12412
      @Notme12412 7 месяцев назад +3

      ​@@OriginalGang-rc1soreverse card again

    • @megagatecustomization9021
      @megagatecustomization9021 7 месяцев назад

      Police: pulls out a reverse catd​@@Notme12412

    • @Strawberrymeloncat
      @Strawberrymeloncat 6 месяцев назад

      ​@@Notme12412police: use +4 card and 🚫 card

    • @Notme12412
      @Notme12412 6 месяцев назад

      @@Strawberrymeloncat me: pulls up reverse

  • @atulsingh04
    @atulsingh04 Год назад +147

    As a person who just owns his own clothes, i see this as absolute win

    • @sam034forever
      @sam034forever Год назад

      Anything can be taken away from you when your bankrupt

  • @ThePandaTheif21
    @ThePandaTheif21 Год назад +134

    It's not actually discharged you just wake up in an ice bath a few weeks later feeling lighter.

  • @ccedev
    @ccedev Год назад +73

    I know close family members who filed for bankruptcy. It was a tight situation, and that was not the largest concern at the time. However, that stays with you for decades. Nearly 20 years later, interest rates are massive and most big purchases are completely impossible.

    • @mem7806
      @mem7806 Год назад +7

      bankruptcy goes of your record in 7-10 years depending on chapter 7 vs 13 thats just not having good credit lmao

    • @ccedev
      @ccedev Год назад +10

      @mem Banks don't just "pay off the difference." She's on the hook for monthly payments towards the bankruptcy. She may not be bankrupt anymore, but the consequences of such a thing stay around for a VERY long time.

    • @MartianCandies
      @MartianCandies Год назад

      ​@@ccedev could they be passed on to her children if she were to pass?

    • @ccedev
      @ccedev Год назад

      @@MartianCandies I'm not sure, but I hope not. She should be done paying it off soon from what I heard, but her credit won't restore for a long time. As the first comment said, that isn't directly tied to the bankruptcy.

    • @MartianCandies
      @MartianCandies Год назад

      @@ccedev im glad shes almost done paying it off at least. Im just worried bc my grandma might have to file for bankruptcy, qnd while shes in good enough health to live 10 more years, i really hope that it doesnt come down to it. Shes in her 70s :(

  • @LuckBk64
    @LuckBk64 11 месяцев назад +3

    -buy a box with gems
    -goes backruptcy
    -tell them you lost the gems
    -wait one year
    -sell the gems on blackmarket
    -run for another contry
    -be rich

  • @theworldsgreatestjidiot9667
    @theworldsgreatestjidiot9667 Год назад +1

    That green screen folds transition to lines is amazing

  • @sadmansakib6810
    @sadmansakib6810 Год назад +96

    "I declare BANKRUPTCYYYYYY"

  • @HeisenbergFam
    @HeisenbergFam Год назад +60

    Without Henry I would've never known what happens if you go bankrupt, thank you for enlightenment

  • @Vushon
    @Vushon Год назад +15

    Honestly speaking you're lucky american express doesn't resort to selling your organs 💀

  • @g3rmany600
    @g3rmany600 11 месяцев назад +2

    Imagine spending so much you bankrupt yourself and American Express simultaneously. 😂

  • @Necnut
    @Necnut Год назад +1

    imagine american express busting your door to harvest your organs to pay for your debt.

  • @Qwerka
    @Qwerka Год назад +126

    Those bars looked like prison, so relateable 😅
    Also please do Turkish War of Independence 7

    • @Erm82751
      @Erm82751 Год назад +1

      Whatcu mean "relatable" 🤨

    • @Qwerka
      @Qwerka Год назад

      @@Erm82751 It wasn't my fault that that dog was so se-
      I am nothign

    • @Qwerka
      @Qwerka Год назад

      I mean nothign*

  • @Electronicmadness123
    @Electronicmadness123 Год назад +13

    The cop: you owe us 8 million dollars.
    The girl: I don’t have it, but I can pay you in another way

    • @zaidkashif3170
      @zaidkashif3170 Год назад

      One time ain't gonna cut that.... She can probably be a *** slave for the higher ups just sayin.....

    • @kaalimari
      @kaalimari Год назад

      😳

    • @berdwatcher5125
      @berdwatcher5125 Год назад

      not worth it,ngl

  • @kobejanvicente1686
    @kobejanvicente1686 Год назад +343

    Don't forget about interest. That's literally the one that drags you down in the long run.

  • @LePetitArtiste09
    @LePetitArtiste09 Год назад +2

    The high pitched “yas queen” 💀😂

  • @H45556
    @H45556 10 месяцев назад +1

    Buy things, keep them with a friend and say you lost them or sign everything over to a trusted individual, and file

  • @cyndankit4989
    @cyndankit4989 Год назад +141

    Reminder that if you owe less then 10000 each to one credit company you can usually get away with it if you ignore the calls and mail letters, its usually too expensive to sue if you dont owe a shit ton and dont pay

    • @misstekhead
      @misstekhead Год назад +27

      I was sued over $500 and the case settled in court without my presence. It happens all the time.
      When I was younger I was a complete moron when it came to credit, went on spending sprees, and ended up with a low credit score that took 10 years for me to fix. To this day, I feel financially a decade behind in terms of assets and savings because I was never taught responsible, real life economics.

    • @i_love_games110
      @i_love_games110 Год назад +4

      but also say bye bye to your credit score

    • @Alacachoo
      @Alacachoo Год назад +6

      ​@@misstekhead I will take that into consideration if I ever think about getting a credit card. Thank you for sharing your wisdom.

    • @tubax926
      @tubax926 Год назад

      ​@@misstekheadnah bro u just didnt have common sense. Credit cards aren't your money, simple as that. You're now more mature, so I'm confused as to why you're defending your stupidity as a kid.

    • @RickzRockz666
      @RickzRockz666 Год назад

      why do you know that

  • @Isabelle_._Ifsd
    @Isabelle_._Ifsd Год назад +182

    “ YASSS QUEEN” 👑
    Im literally dying 💀

  • @Voidrift4991
    @Voidrift4991 Год назад +16

    “Hey ferb, I know what we’re doing today!”

  • @benjaminrobledo5466
    @benjaminrobledo5466 Год назад +12

    Me when all I own is the burger I bought with the credit card...
    🍔

  • @therankingworld7627
    @therankingworld7627 Год назад

    Theres a way this guy enunciates his words that has me mesmerised

  • @capsaicin938
    @capsaicin938 Год назад +52

    Those screams made bankruptcy sound extremely terrifying

  • @DutyAgentTSB
    @DutyAgentTSB Год назад +5

    Who remember "ima pay with my AMERICAN EXPRESS PLATNIUM CARD" meme

  • @user-yv3jy3eo7x
    @user-yv3jy3eo7x Год назад +6

    Use ur credit card to pay off ur credit card 🗿

    • @ShepTheCreator
      @ShepTheCreator Год назад +2

      Ayo u da messiah

    • @qvindicator
      @qvindicator Год назад +1

      Basically the American government’s financial logic

  • @SureshKumar-kj7ve
    @SureshKumar-kj7ve 10 месяцев назад +2

    Someone said "Boyfriend came in clutch" XD

  • @Delicate_Disaster
    @Delicate_Disaster 9 месяцев назад +1

    "Girlie" got one hell of a line of credit!

  • @You-Can-Call-Me-Coop
    @You-Can-Call-Me-Coop Год назад +14

    8 million dollars in credit card debt, oh I'll just pay with my credit card.

  • @guyplaysgames
    @guyplaysgames Год назад +5

    How to outsmart the tax guy: just say "Do you use credit?"

  • @PaulBateman69
    @PaulBateman69 Год назад +29

    These kind of people are the reason why everything is priced High. Corporates has to get the money back by some other means

    • @horsepaste
      @horsepaste Год назад

      They gave the shit away. What did they expect for everyone to be billionaires and swiftly pay it off? 💀 They wouldn't need the credit to begin with

  • @Cosmic51
    @Cosmic51 11 месяцев назад +1

    me when i spend 7 billion dollars with the homies:

  • @Hashim-bm3jz
    @Hashim-bm3jz 2 месяца назад

    “YAAAAAAASSS QUEEN!” Got me rolling to the moon with no helmet

  • @trogo3402
    @trogo3402 Год назад +71

    I’d just flee the country and not pay

    • @dontbeedgy
      @dontbeedgy Год назад +8

      That's not how that works

    • @trogo3402
      @trogo3402 Год назад +62

      @@dontbeedgy can’t hear you I’m on a boat to Colombia

    • @breydensee1593
      @breydensee1593 Год назад +3

      I think you cant take a flight to escape from your country when you're bankrupt

    • @BocchiSensei
      @BocchiSensei Год назад +2

      ​​@@trogo3402 You should go to a country that doesnt have an extradition treaty with the US, even if you manage to escape via commercial flight or via boat, you'll still be caught in colombia.

    • @trogo3402
      @trogo3402 Год назад +3

      @@BocchiSensei I’m only in Colombia to secure easier transport away to the jungle

  • @Himothyedits
    @Himothyedits Год назад +55

    Never let them know your next move: pays the Money with the credit💀😈

  • @Ils_5
    @Ils_5 11 месяцев назад +1

    Chapter 7 bankruptcy, we all thought of knuckle at that point

  • @infamous1925
    @infamous1925 Год назад +2

    Buys company with credit card

  • @Kristhemselves
    @Kristhemselves 10 месяцев назад +3

    "and american express would be on hook for that loss" the guy who will now litterally bankrupt the company or whatever:🤑🤑🤑

  • @StickManGuy
    @StickManGuy Год назад +9

    "you owe us 8 million dollars"
    "But i dont have money"
    "Not our problem"

  • @Sammysaviation
    @Sammysaviation Год назад +6

    “Ay, girlie” had me ROLLING

  • @Damiac12
    @Damiac12 9 месяцев назад +1

    Homeless person: allow me to introduce myself

  • @mAny_oThERSs
    @mAny_oThERSs Год назад +2

    Im gonna go "borrow" some money from american express and put it somewhere were noone can find it and then file for bankrupcty now. Thank you for this video.

  • @Krabnut
    @Krabnut Год назад +10

    And this is why people like Scott Painter can go bankrupt and still be a multi million dollar businessman, chapter 7 can be manipulated in favor of shady business people as a loophole

  • @AmogUsIsSusRed
    @AmogUsIsSusRed Год назад +4

    Keyword: Usually discharged.

  • @goofy_ahh_editz9
    @goofy_ahh_editz9 Год назад +32

    Imagine Karens with the American Express Platinum card 💀💀💀

    • @TankEngine75
      @TankEngine75 Год назад +1

      They will beat up all the American Express guys that show up on their doors before beating the final boss and taking over (that actually sounds like a good premise for a beat em up game)

  • @only_valid_opinion1506
    @only_valid_opinion1506 Год назад +1

    Thank goodness, I thought a cowboy would show up, kill me, and then take whatever was on my person 😮‍💨

  • @CaveEnthusiast
    @CaveEnthusiast Год назад

    Homeless people see thsi as an absolute win

  • @KaseMartin
    @KaseMartin 11 месяцев назад +3

    Hold up, so if I am homeless and somehow manage to get one of these I can spend billions of dollars and then all that happens will be that my cardboard box get sold? Bet! I’m in!😂

  • @aq498_old
    @aq498_old Год назад +2

    No one:
    Lawbymike: transfer all property and stuff to his dad before starting the shopping rapid fire

  • @coolmoji
    @coolmoji Год назад +4

    "yAAAAaAaAAAAs qUEEN"

  • @nishav5379
    @nishav5379 9 месяцев назад +1

    “I DECLARE BANKRUPTCY”

  • @lukamorris7145
    @lukamorris7145 Год назад +1

    that is why credit card companies look for your credit score to see if you pay back your debt

  • @mimokader4908
    @mimokader4908 Год назад +5

    "Yasss, Queen!" 💀

  • @jimbog119
    @jimbog119 Год назад +8

    I wish I could file for bankruptcy. Stupid 80k student loan just won't go away. Lol.

    • @jimbog119
      @jimbog119 Год назад

      @@Gwizz1027 meh, shouldn't be that bad. I have a couple of coworkers that filed for bankruptcy and they're not doing so bad. I'll file chapter 7 and what are they gonna take?
      I live in an apartment with 1 financed car. Anything that they can sell that's legally under my name is not that much. I can easily buy them back. It's not like they're going to take all my clothes lol.
      Like I said, I know a couple of people who had filed before and now they're better off.

    • @zygbeee8563
      @zygbeee8563 Год назад

      Why can’t you?

    • @jimbog119
      @jimbog119 Год назад

      @@zygbeee8563 Student loans (federal or private) are a bit different than regular commercial debt. Although not entirely impossibile, it is a lot more difficult than simply filing a chapter 7 or 11.
      After filing for bankruptcy, you then have to work with a lawyer to prove in court that repaying the debt will cause you and your family severe undue hardship.
      Basically, you have to convince judge and the federal government (which is the creditor for your debt) that repaying the loans will leave you to be unable to live a minimal standard of living now and in the future.
      So if you have a stable job with a prospective future advancement, not disabled and still not near retirement age, convincing them of your hardship in the future is almost close to impossible.

  • @ajaysinghrathore1940
    @ajaysinghrathore1940 Год назад +5

    "I declare BANKRUPTCY!!"

  • @WOWGREAT273
    @WOWGREAT273 Год назад

    The voice actor needs a raise.

  • @CrazyNerdInventor
    @CrazyNerdInventor 11 месяцев назад +1

    And then you'll never be able to get a credit card again.

  • @no1bandfan
    @no1bandfan Год назад +11

    If you take on debt, knowing you’re not going to pay it back, that’s fraud. They may not be able to collect but your ass may also be going to jail.

    • @atmoglaa
      @atmoglaa Год назад

      At least you had fun before you went to jail

    • @Mertree599
      @Mertree599 Год назад +3

      @@atmoglaathat’s a prisoners mindset

    • @blabla903
      @blabla903 Год назад

      It's not fraud, what the hell are you talking about.

    • @nito8066
      @nito8066 Год назад

      my tutorial has it fixed just say that you expected for thta money from a friend to pay off

  • @Destinyxxstars
    @Destinyxxstars Год назад +4

    You have taught us something school hasn't taught us :>

    • @studiesmadeez9271
      @studiesmadeez9271 Год назад +2

      so you never heard about differences b/w credit card and debit card in lower classes. wow

    • @Angelisstupid
      @Angelisstupid Год назад

      School taught me this in the 7th grade

  • @scottanos9981
    @scottanos9981 Год назад +4

    Debtmaxx™ is the way. Quite antisemitic though

  • @SarahSinvilus
    @SarahSinvilus 2 дня назад

    “ girlie ain’t got the money”😂😂😂😂

  • @MohammedMohammed-ho4my
    @MohammedMohammed-ho4my 8 месяцев назад

    Hakimi us cooking with this one 🔥🔥🔥

  • @jameel8654
    @jameel8654 10 месяцев назад

    City block ideas? Sure.
    1- A hotel area if the weary survivors are in a pickle around the city and they need somewhere safe to stay.
    2- Recreation center with all sorts of options, arcades movie theaters casino stripclub you name it. People should NOT miss the vault's luxury.
    3- Vehicle garage plus airstrip for easy maintenance and refueling (pumps should be used there for convenience, should only contain vehicles that are used for exploration/mass troop transportation)
    Ideas for personal quarters: Stick each colonist in a block with things centered about their speciality.
    Cai gets a block with crafting stations and should be close to the hospital.
    Timon gets a block with the armory and guns and ammo and minified spare turrets.
    Chef and Chef gets a block with drop pods and comms console (traders) and ofc cooking stations.
    Each colonist gets a dirtbike for emergency (We get a raid they need to make a run for the side the mushrooms are coming from etc... they can do it fast)
    Efficient? Not at all.
    A good idea? Maybe.

  • @CM_2050
    @CM_2050 8 месяцев назад +1

    Wo goin to jail with this one 🗣️📢🔥🔥🔥🔥

  • @Chicenk
    @Chicenk 11 месяцев назад

    homeless man with credit card boutta go haywire

  • @JuanRuiz-hz5rm
    @JuanRuiz-hz5rm 4 месяца назад

    0:18 YAAASSS QUEENNNN is crazy

  • @averyz8589
    @averyz8589 10 месяцев назад

    Remember learning this in 9th grade personal finance

  • @asiansoldier
    @asiansoldier 11 месяцев назад +1

    "you owe The amercian express 8 million dollars"
    *slowly pulls out the american express card*

  • @figbloppa7183
    @figbloppa7183 Год назад +2

    This reminds me of what nintendo did to that one guy

  • @yaaaboyDanzel
    @yaaaboyDanzel 8 месяцев назад

    Yaaaaass Qween got me dying 😂😂

  • @cinemakanam
    @cinemakanam 11 месяцев назад

    Thanks! this really helped me- I mean my friend

  • @railmote2937
    @railmote2937 8 месяцев назад

    American express gangsta until they owe people 10 billion dollars 💀

  • @SLSiscool
    @SLSiscool Год назад

    One of the best examples of a lose:lose situation

  • @anas_md_1000
    @anas_md_1000 Год назад +1

    Animators goin' wild nowadays wtf💀

  • @Crusade34
    @Crusade34 Год назад +2

    Me: buys the bank💀

  • @StarRailEnjoyerSinceRelease
    @StarRailEnjoyerSinceRelease Год назад

    Bankruptcy is just a worse version of going to jail

  • @debop9943
    @debop9943 11 месяцев назад +1

    The reason we have a credit score to see how much debt they let us get away with