Who's Debt Free?
Originally Posted by bluejay432000
In chapter 7, do you get to keep the goats or are they collateral on a debt?
The entire goat operation was incorporated so I had to go through Chapter 11 first. That covered the facilities and equipment. The goats were determined to be 'shop stock' so they rolled into personal assets and were again at risk under Chapter 7. No state attaches 'pets' as collateral, so all I had to do was give them names and I was back in business within a week.
Originally Posted by Raoul
It depends on the State.
The entire goat operation was incorporated so I had to go through Chapter 11 first. That covered the facilities and equipment. The goats were determined to be 'shop stock' so they rolled into personal assets and were again at risk under Chapter 7. No state attaches 'pets' as collateral, so all I had to do was give them names and I was back in business within a week.
The entire goat operation was incorporated so I had to go through Chapter 11 first. That covered the facilities and equipment. The goats were determined to be 'shop stock' so they rolled into personal assets and were again at risk under Chapter 7. No state attaches 'pets' as collateral, so all I had to do was give them names and I was back in business within a week.
__________________
Jim
Jim
Originally Posted by bluejay432000
... Is fertilizer a major by-product?...
No utility bills though the neighbors turned on me when they got wind of what I was doing.
Originally Posted by bluejay432000
...If I were to get Angora goats, would I have to shear them like sheep?...
I think mine are 'Billy'.
wife got po'ed at the bank went in and paid off the
mortgage there was only 11 payments left anyway
she firgured that why pay 6.5% interest to them
when they only offer 4.75 on her money
just payments on the business building left
mitch
mortgage there was only 11 payments left anyway
she firgured that why pay 6.5% interest to them
when they only offer 4.75 on her money
just payments on the business building left
mitch
Please Explain
Greetings everyone..been a while since I have been up here (currently deployed til OCT 2007) I would however like to know
how you all are able to pay cash for all this stuff and live debt free.... No way shape or form am I accusing anyone of not being debt free, just asking to share some info so i can possibly get there. I'm 27, in military, wasn't given a nice savings account by anyone, and have all way paid my bills on time. Wife works full time also! so someone please tell me where I am going wrong so I can get debt free
how you all are able to pay cash for all this stuff and live debt free.... No way shape or form am I accusing anyone of not being debt free, just asking to share some info so i can possibly get there. I'm 27, in military, wasn't given a nice savings account by anyone, and have all way paid my bills on time. Wife works full time also! so someone please tell me where I am going wrong so I can get debt free
Originally Posted by swamp_runner
Greetings everyone..been a while since I have been up here (currently deployed til OCT 2007) I would however like to know
how you all are able to pay cash for all this stuff and live debt free.... No way shape or form am I accusing anyone of not being debt free, just asking to share some info so i can possibly get there. I'm 27, in military, wasn't given a nice savings account by anyone, and have all way paid my bills on time. Wife works full time also! so someone please tell me where I am going wrong so I can get debt free

how you all are able to pay cash for all this stuff and live debt free.... No way shape or form am I accusing anyone of not being debt free, just asking to share some info so i can possibly get there. I'm 27, in military, wasn't given a nice savings account by anyone, and have all way paid my bills on time. Wife works full time also! so someone please tell me where I am going wrong so I can get debt free

I'm not here to answer your questions, because I don't know the answer. I think I know where you're coming from though. I've never has so much as a co-signer for a loan. It seems sometimes that some of us are working a whole lot harder than others and still can't get ahead. I've pretty much accepted it. I don't know of any other way. I play the lottery on occasion. Maybe that'll pay off. Not likely though.
I think our society puts values on different things. Some professions are valued higher than others.
Originally Posted by swamp_runner
I would however like to know
how you all are able to pay cash for all this stuff and live debt free....
how you all are able to pay cash for all this stuff and live debt free....
What can you do without and what do you really need.
That kind of stuff.
Most people are not willing to do without now, for financial independence later.
And on the flip side, I know people that have done nothing but work and save their whole lives only to drop dead before they could ever enjoy it. Not much of a life if you ask me. Fun now or fun later (if you make it). It's your choice.
Originally Posted by RED WING NUT
And on the flip side, I know people that have done nothing but work and save their whole lives only to drop dead before they could ever enjoy it. Not much of a life if you ask me. Fun now or fun later (if you make it). It's your choice. 
Well Said





