Where in the world would you go if you lost ....?

almost everything. My friend is 62, he lost his business and has an incredible debt. He has some equity in his home, he wants to sell it , furniture and all and retire in a safe third world country. Where would you go?

My Father lost everything at age 58. When he went thru bankruptcy they took everything and left him with a $200000 debt that could not be wiped clean.

He didn't know what to do. He went back to work and slowly with luck he is now 78 years old and owns 50 real estate properties.

He says he heard the Colonel that started KFC went bankrupt and started over at 65 and then started KFC.

I wouldn't go anywhere. I would sell what I could, perhaps file bankruptcy if needed and start over right here in the good 'ol USA.

Tags

　　Capital Investment 　　Business Investment 　　Business financing 　　Business Invest 　　Business Debt 　　Bond Investment 　　Angel Funds 　　Alternative Investment

Related information

How is CFC going to pay for the purchase of HomeBac?

If they can't pay, BAC will end up owing them. I'm not sure it's true that they can't sell their loans in the secondary market. They obviously have $2 billion of fresh cash an...

How can I find BUSINESSES having lawsuits, judgments and liens filed against them? Is there a website or???

I don't believe that these types of things are maintained as a public record. The only time these would be listed in a newspaper would be as result of a default judgment (maybe there are some ...

Update2 on Collection Agency trying to collect on old garnishment?

I'm not sure what wareagle is talking about....it's a simple matter for an out of state lawsuit to be collected in a different state by filing a foreign judgment. But that doesn't ...

What's the cheapest way to dissolve an LLC in NC?

I would think about your original intention for forming an LLC. Did you want the legal protection of your personal assets? Why has that changed? If it hasn't, I'd probably continue the LL...

I have a very serious financial question for those who can afford to give a loan of $36,000.?

you are asking to pay 3.3%,i don't know why someone would do that.you borrowed the money now pay it back .pay them $1100, don't blame the credit companies they are in for the money

...

Is it worth to start a new life in Australia? New direction..New hope..?

I dont think you can just rock up and migrate.. its not that easy.. talk to a migration lawyer and get advice.. many asians come in the back door.. they come to study then try get a job.. and a...

How do I find a grant writer/researcher in Houston, Texas?

Lesko claims there is grant money that people will give you to get rid of personal debt? Completely NOT TRUE. Check out the Leisure Learning classes in the free magazines all over Houston. The...

Accounting Question : Provision for bad debts : bad debts : income tax?

Mere provision for bad debts is not deductable while computing the income as per the income tax Act.It has to be written off from the books of account to claim deduction.

...