My Fiancée Wants To File Bankruptcy on $16,000!

💵 Create Your Free Budget! Sign up for EveryDollar ⮕ ter.li/6h2c45
📱Download the Ramsey Network App ⮕ ter.li/ajeshj
🛒 Visit The Ramsey Store ⮕ ter.li/7vyom2
📞 Have a question for the show? Call 888-825-5225 weekdays from 2-5 pm ET or send us a message ter.li/n88ly5
Explore More Shows from Ramsey Network:
🎙️ The Ramsey Show ⮕ ter.li/ng9950
🍸 Smart Money Happy Hour ⮕ ter.li/9gcp3d
🧠 The Dr. John Delony Show ⮕ ter.li/2u3mc0
💰 George Kamel ⮕ ter.li/1elws8
💡 The Rachel Cruze Show ⮕ ter.li/n2u6jc
💼 The Ken Coleman Show - Highlights ⮕ ter.li/1rbjr2
📈 EntreLeadership ⮕ ter.li/ktxv2k
Ramsey Solutions Privacy Policy
www.ramseysolutions.com/company/policies/privacy-policy

[@Shay-yg7nm]

This guy legit had 100 excuses and it was her fault. Take responsibility

[@James-yi1vk]

Tell her that. He isn't responsible for am adult he isn't married to.

[@kelvinpang438]

@@James-yi1vk They live together and have kids,they are practically married eithout being married.

[@James-yi1vk]

@@kelvinpang438 that's another problem too. I agree.

[@erickchavez5725]

Agreed everyone wants the easy way out

[@Weakeyedominant]

​@@kelvinpang438she sounds like a disaster.

[@MsBekah1000]

Walmart is paying 17.82!! I work there.👍P.S I work there and I still became debt free. Thank you so much Dave!!❤️❤️❤️

[@rudymmirelez6289]

Awesome job. Good for you. Dave's program simply works

[@LincolnBurrows480]

Respect

[@HOLDXSTEEL]

They start at 14 …

[@vivianhiggins5685]

I love Dave yelling at people 😂

[@Kysen10]

Real talk from Dave, this couple just sat back and let the mess get worse.

[@dummgelauft]

They didn't sit back..the laid..on top of each other.

[@MartianAmbassador69]

Mid 20s, multiple kids, at least one of which happened in their teens. No insurance. She was named 50% responsible because she likely ran a red but officers couldn't definitively prove it. Literally are making all the wrong choices in life.

[@MrMustangrick]

Dumpster fire.

[@dummgelauft]

Typical white American story. Car loan, no insurance (there is no "switching insurance"), kid out of wedlock, no education to speak of....

[@MrOfficer235]

Sell the fiancé

[@umtozzi]

There is an approximately 0% chance that these people took any of Dave's advice.

[@annaelisavettavonnedozza9607]

Yep I’ll take those odds 😂

[@seoulmansupra]

Scary to know people like this exist not taking care of business and being so passive.

[@rnt45t1]

and they're reproducing....

[@skincareceo]

They're young.

[@seoulmansupra]

@@skincareceo that's true

[@seoulmansupra]

@@rnt45t1 sometimes it's not always a mirror image of what the parents are.

[@Jersey1971]

He should get a paternity test on those kids too

[@rays242]

The car is impounded because it was driven uninsured.

[@fhuber7507]

And won't be released until insured...

[@danielrn133]

"in between insurance" Meaning she was illegally driving with no insurance. Now she wants the taxpayers to pay the bill.

[@winchesterhollow2899]

Sounds like they’re made for each other: two total wrecks.

[@00177454419]

Yep, I feel sorry for their kids. They've got a couple of losers for parents.

[@edb484]

Lol and dude got all kinds of excuses

[@GabrielMartinez-sd8pc]

Which is funny because the call is about a wreck lol

[@denniscarroll]

Counting the car, three total wrecks!

[@dummgelauft]

With the unfortunate kids through no fault of theirs.

[@jdstep97]

Murphey's Law, folks, with car insurance. One of the best ways to end up in an auto accident is during the time your insurance has lapsed.

[@markgroth4380]

But people who drive without insurance are the best and safest drivers.

[@andidede3653]

@Mark Groth they are also the ones that don't stop during an accident, and your insurance is responsible for paying your damage also lol.

[@cuh720]

This is true. I forgot to sign up for health insurance in late 2019. Guess what happened in 2020!

[@mv7374]

@@andidede3653 yep never fails-half the accidents that happens to my friends are caused by uninsured drivers

[@genxx2724]

What a pair. And I’m not talking about Dave and George.

[@joycew.6531]

LOL!!!!!!!!!!!!!!!!!!!

[@Ethiodawg]

Lol

[@Hlaford2009]

Strange people.

[@mlovespring7892]

😂😂😂

[@takeitback-financial2808]

“Everything happened because you were passive” About sums up the story and tone of his voice and even the headline of the video.

[@woodside4life]

Oh yeah. Man had no energy whatsoever.

[@dustinpitre2278]

In 2013. In high school. PART TIME as a grocery store sacker. I could bring home easily 600$ a month. What is a 24 year old doing as a “job” in 2022 ?!?!?!

[@droolalot5795]

I've had lots of car insurance over 54 years and the ONLY times I have not had car insurance was when I didn't pay. Even switching. She quit paying car insurance because of money troubles and happened to have an accident.

[@terriesmith2616]

Bingo! 🎯🎯🎯 The only time car insurance won't cover is when one doesn't pay the bills causing insurance lapse.

[@Eddie-3466]

She had no insurance.

[@davinasquirrel7672]

Yeah, the "between insurance" was a tall tale.

[@TheSmoothGrind]

I worked with a guy that was saving up $1200 to file bankruptcy on $2500, lol. He's in his mid 50's and just never seems to have grown any brains.

[@MrMpwood12]

In Georgia they will put you in jail for driving without insurance. What in the world were they thinking? I’d also imagine they’re paying more for daycare than she’s even making.

[@crzyruskie86]

She most likely has a work boyfriend that she doesn't want to leave.

[@surveyordave]

if you wreck your car, you DO NOT have to let them take it to storage. have the wrecker take the car to your house and leave it in the driveway.

[@terriesmith2616]

I think she's not insured, that's why they impound the car.

[@surveyordave]

@@terriesmith2616 ah! you're correct. but still...once it's off the street, you should decide where it goes.

[@skincareceo]

@David H. no, when they impound owner changes if no insurance or must show proof of insurance. Many sign cars over to the lots.

[@Splexsychiick]

Depending were you live this can be a problem and can cause fines. Especially if the neighbors make a big deal about it being an eye saw, etc etc

[@BlueDauntless]

I learned this the hard way

[@JM-ps6le]

They’re paying $18 an hour at warehouses in Memphis. FedEx is paying a $7 premium on weekends. She’s lazy. Work from home jobs paying $15 and you set your own schedule. She’s getting foodstamps is what it sounds like she’s dying to keep qualifying for

[@tracygaluszynski1868]

Typical millennial.

[@JacJo]

My husband and I are healthcare professionals with too much debt to even describe. We took Dave’s advice and started delivery food this month. It has totally changed our lives and our finances!! I highly recommend it for anyone struggling with income!

[@georgewagner7787]

What does that mean? Do you have a second job driving?

[@JacJo]

@@georgewagner7787 yes

[@crzyruskie86]

It costs hardly anything to get married and sign the papers. She just wants an excuse to show off with a wedding.

[@LaneDenson]

A wedding - something else they don't have the money for.

[@dummgelauft]

Yup. It costs $72, total, get married at the court house here.

[@robertbell525]

For God's sake don't get married to this wreck of a woman. He can barely take care of himself. Two peas in a pod.

[@robertbell525]

For God's sake don't get married to this wreck. He can barely take care of himself. Two peas in a pod.

[@kathryndockrey1477]

Get married. Have her quit her job, and look after your own kids. She can work around her husband's work schedule, if she wants to work. This way her car doesn't need to be replaced

[@dp4kallday]

Marriage won't solve stupidity and being irresponsible.

[@robertbell525]

Yeah marrying this wreck will ruin his already pathetic life

[@jime19911]

They’re both bums. Nothing is their fault even though this completely their fault. Some people can’t take responsibility and they think the world is just out to get them.

[@nephetula]

He gives all kinds of excuses why she didn't have insurance, but there is no excuse other than irresponsibility and stupidity. It's a chilling fact that 20%-30% of the people driving cars these days have NO insurance.

[@FrankS111]

Well…if she files bankruptcy don’t plan on financing things for years if you get married.

[@ClaxtonBay123]

$1000/month? That isn't a real job. High school kids make more than that. Why doesn't she have a job?

[@radfoo72]

I'm surprised he didn't ask what she did for work. I think that information would have been telling.

[@cooleobrad]

If she was working fulltime (40 hours a week, 52 weeks a year), that would come out to $5.76/hr!

[@euenfheiejrj]

Probably a mlm

[@hmj8469]

@@radfoo72 He didn't ask because he knew he probably wouldn't like the answer.

[@dp4kallday]

@@radfoo72 instead he said marry her lol. What kind of advice is that?

[@oatmealtruck7811]

That daycare bill has to be more than her income! She can stay home and they’d spend less money. Geez these people are a mess…

[@ragga7862]

Bankruptcy is not the fix, go fix your life!

[@hankwells2637]

They didn’t cover her because she didn’t have insurance that’s why she’s 50/50 at fault

[@Jim_Curtis]

Being "in between' insurance coverages mean she didn't pay on the one and was trying to get new coverage in place, but was basically driving uninsured. What was she spending her money on?

[@mv7374]

Yea I was confused-was it the other persons insurance that declared her half at fault since she didnt have any coverage?

[@sblijheid]

@Jim Curtis What does she spend her money on? Are you serious? She makes less than 1k a month and he was not working at the time, with two kids.

[@Jim_Curtis]

@@sblijheid Dude, get out of your feelings for a sec and think logically. There is probably no budget being done here. He seems to be covering housing plus other stuff with his savings. She's not even making minimum wage, but somewhere in their finances, they can pay the car insurance because they were doing it before the accident. It was just a dumb mistake to not have new coverage in place before cancelling the old one.

[@dummgelauft]

The other person who was probably at-fault, got off easy 😂.

[@nkyryry]

This is why you don’t have a baby in your teenage years. This couple is struggling.

[@GabrielMartinez-sd8pc]

What’s scary is these types of people meet each other, get married, and have children

[@paolaristori6179]

Actually they just had children....

[@soappy1720]

This is one of the dumbest calls ever...

[@lindsayclark4009]

Only time I’ve totaled a car was the 30 days between switching lenders with gap 🤦🏼‍♀️

[@Julian-zc9vm]

Some people really just need training in adulting

[@ew2645]

Jerry! Jerry! Jerry!

[@jhonilocran6077]

She was driving without insurance…she lied to her fiance and Hes believing this ridiculous story

[@jjman533]

These passive enablers deserve each other......

[@lawv804]

Don't marry her!

[@tugboat2030]

You can settle with the storage guy for a quarter on the dollar?!? Lol I'd like to see that.

[@shroomssadow4981]

Play stupid games, you win stupid prizes 🥇

[@BagsNBaguettes_327]

So many red flags 🚩 🚩🚩🚩🚩🚩

[@foreverever9001]

Thank god I’ve never had a car payment . Cash cars are the way to go. She needs to be working harder to pay this off. Work full time . She work nights, he works days. This can work if they stick to it

[@terriesmith2616]

If she work full time at McDonald's she can bring home $2K per month, that's better than her $900 per month income.

[@lights80088]

Excuses excuse excuses.

[@gatewaysolo104]

Another cringe call. Not sure if the caller was slow or was just playing dumb. He sounded shocked at all of Dave's answers

[@Lourd-Bab]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

[@PilouBen]

Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks

[@Lourd-Bab]

@@PilouBen However, if you do not have access to a professional like JUDITH ANN PEACE, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments

[@PilouBen]

@@Lourd-Bab Oh please I’d love that. Thanks!

[@Lourd-Bab]

@@PilouBen Judith Ann peace is her name

[@Lourd-Bab]

Lookup with her name on the webpage

[@bmaiceman]

The need for a WEDDING tgats all done up is STUPID... Especially if your already living together and got kids. Just go to city hall and ELOPE

[@oliver18754oliverwarders]

Saving for a wedding? That’s money towards debt. And should be for debt first.

[@sophia8405]

Do not get married please I see a divorce coming 🙄🙄😳

[@queen.kristal8395]

I will not either in this situation either

[@And1one757]

Maybe not sounds like there made for each other not in a good way

[@KishoreG2396]

They have kids.

[@mxerb5912]

What a mess of a call

[@Fadrowskis]

Loved this advice! proactive is the magic word.

[@JasonGroom]

In HS 26 years ago I used to be able to bring in $500 a month working part time at $5.75 an hour, there is no excuse to only be bringing home a grand right now on today's market

[@ivanesparza9473]

Some people’s “problems” seriously… I wish my life was that simple

[@andreaconroy3623]

She should not have been driving without insurance cover...her fault.

[@kaseycentanni753]

this guy is out of his mind.

[@harrisonjoa]

How is this man a fan of Dave again?

[@mv7374]

I agree w all of this except for the getting married immediately part, but it’s Dave so what can you expect 😂

[@emmarose6590]

16k oh brother that can be easily paid off

[@tracyregan8121]

They need a lawyer - a real one, not a 1800 lawyer.

[@canadianbird1185]

Americans marry way too early. Or rather get kids too early. Better to save up some wealth and get married/have kids in early 30s with a good nest wealth built up. Having two kids that are 6yo in your 20s will be so so tough on these guys. Probably paycheck to paycheck for the next foreseeable 25~30 years.

[@radfoo72]

If she doesn't crawl out of that minimum wage swap, yes!

[@c.c.2508]

WOW! WHAT A DISASTER!

[@creature57]

My boyfriend is exactly like this couple. He has a small health bill and has not spoken with the health people and it's in collections. I don't understand it. Just call the company!

[@philliprogers2383]

This was hard to listen to. Take responsibility people!

[@pattyajones]

Dave, WTH you talkin' about? SHE NEEDS to get a 2nd job. THIS IS COMPLETELY ON HER. Sid, do NOT MARRY HER. Keep working the plan and if it doesn't work out with the princess, dump her and take care of your babies. Dave? Why does HE need to get a 2nd job?????????????????????? SHE created the mess, SHE needs to fix it.

[@BlueDauntless]

Because they’re already living like they’re married. And she could save them a ton of money by taking care of their own kids!

[@SCRT]

Thank you ramsey for bringing such amazing content 💕

[@thegoldentroll]

You're welcome!

[@megalodon1726]

She's earning $1000/month and borrowed at least $16K for a car! Insanity.

[@Jim_Curtis]

Dude do not marry this chick. She's apparently irresponsible and thinks you're going to just bail her out. Be a good co-parent with your kids, but don't marry her unless you want your life ruined as well.

[@robertbell525]

My mom didnt have this kind of problem but she is a textbook example of what happens when you let life happen. She never acts until a situation is life threatening or a financial disaster is at the door. Never looked for a better job. Always just went wheree the job put her until it was out the door. Never saved for retirement alrhough my wife and i implored her for years to fund a 401k. Now she scrapes by on $17K/year. Shes good at being cheap but good heavens.

[@luke7842]

He jumped in a little bit quickly when he said that she's filing for bankruptcy. He didn't even ask if that was her only debt.

[@pep590]

They can never pay that $16k off either with their salaries. Might as well be 16 million.

[@imhuy95]

This could is so passive it's amazing

[@amandadean3948]

I don’t buy his lapse of insurance story.

[@adamseidel9780]

So she’s making like $220 a week, which even at minimum wage is only about 27 hours a week. These people are just lazy and dumb. Not complicated.

[@xfhnhhgjbvcfg]

Unfortunately probably true

[@alyssabird720]

I work 20 hours a week because of health issues. Maybe she has health issues. Not everyone is lazy lol

[@xfhnhhgjbvcfg]

@@alyssabird720 your videos are horrifying... I'm going to guess your illness is mental.

[@scottgoodson5132]

Alyssa Hoyt Cool, but why is she taking out a car loan when she brings home peanuts?

[@irishchocolate3872]

My ex-wife had us declare bankruptcy on $7000 about 20 years ago. I was making minimum wage and every time she even made the effort to get a job, she would come up with an excuse to quit. I made basically minimum wage but she would always have us take out loans for various reasons.

[@bradleymaravalli2851]

How did the bankruptcy affect your life? I ask because maybe it can provide insight to us and the caller.

[@jdstep97]

@@bradleymaravalli2851 - I'm more intrigued by the fact that Irish Chocolate mentioned the wife as being the EX-WIFE. Sounds like some bullets were dodged. Congrats to Irish Chocolate!

[@michaelb.8953]

@@jdstep97 I was thinking the same thing. Good call for him making her an ex wife.

[@adamseidel9780]

“She had us… she would… she would…”

[@ClaxtonBay123]

You said your ex-wife "HAD US Declare bankruptcy" and "she would always have us take out loans". Sounds like you didn't accept any responsibility at all. Hopefully that changed in 20 years.

[@fhuber7507]

To caller: She needs to straighten her finances before they get married. Don't destroy your future because of her bad choices. BTW... what the insurance tells you is not what a lawyer will tell you. Insurance's job is to NOT pay claims. His description of the accident is 100% at fault for the other party. But lack of insurance is going to hurt credibility.

[@georgewagner7787]

They're already committed. They have kids.

[@mathisnotforthefaintofheart]

The good news is....she is your fiancee, not your wife. Run!!!

[@KishoreG2396]

They have kids

[@danielvasquez3758]

Lol better not sign any legal documents with her then!! Hopefully they haven’t!!

[@patrickchilds5486]

Run don’t walk!

[@annaelisavettavonnedozza9607]

With all due respect, some people GENUINELY do not know what to do. They weren’t given the skills to know what to do. That’s why Dave is so important to us-he’s the dad a lot of us were not given ❤

[@Aristaifly]

What is happening? He doesn't know why she is only making pennies and yet they called each other fiancé? Why do they talk about? Weather, Kardashians, new iphone? Probably more interesting topics than life values, priorities and dreams. If she is making 1k a month she better use a transit pass.

[@scottsanders2474]

Hey, Sid, if you get disconnected in handling a business transaction, you need to immediately call back and resume the conversation. If you got disconnected again by the same company on two calls on the same day that should have been a tip-off that they weren't legitimate, and you should have immediately gone to another insurance company. If they were going to jerk you around while you're trying to sign up to get insured, what do you think they're going to do if you ever have to file a claim?

[@dummgelauft]

This woman was driving around in an uninsured vehicle that she has a sub-prime car loan on, from one of these corner lot dealers at 15% or higher.

[@jreinel1966]

No go and deliver pizzas?...😂😅😊

[@roolyfe]

This guy talks to much!

[@jill9606]

What… on… earth… soooo many questionable things here that make me scratch my head.

[@Jersey1971]

That guy sounds like he's 24 going on 60 already busted with kids and debt

[@justinyoung7207]

Game on baby!

[@robertwhite9898]

Some want to take easy out.

[@danclapper626]

Obviously does not listen to Dave's videos before calling in.

[@umtozzi]

In the words of my mother these people have more excuses than Carter's has liver pills.

[@johnnyhoang4444]

Someone needs to shake this couple and slap some sense into them

[@704ab]

$16K Sell things. Work more. Cut spending. Anyway, if you ever drive a car that is not paid for, sell it, and bum rides or take the bus.

[@Chesu360]

Ah... the good ol' kick in the groin. Everything will be fine the procastinators often say, but then bam! Life!!

[@J0hn.R]

I feel like something is missing in his story. He left out details of the whole thing

[@ministryoftruth8588]

This couple is the typical couple portrayed in the movie 'Idiocracy'.

[@radfoo72]

He & his fiancee wanted to be cast in the play as victims but after reviewing the facts Dave held them at fault for being apathetic instead of aggressively proactive. Grab life by the horns! This is Your future & present day wellbeing you're talking about! You can't just take the backseat as a spectator to your own life. 💩 will happen. You have to learn how to deal quickly and effectively and relent not lest ye be trampled and left for dead! It's okay to young & naive but don't be afraid to ask someone more experienced for advice when life throws you these curve balls!

[@sblijheid]

This is not naivité. This is stupidity. Writing things down on paper and then using a calculator, does not require genius.

[@willelliott5052]

Well, that story kind of had "dumb" written all over it.

[@ChromeXuGames]

“Why does she make that much?” “Because that’s what they’re paying her.” Has he considered politics as a career?

[@anthonykence9954]

Its sounds like she had a hillbillies insurance policy .

[@pgperezlife32]

Game on

[@brownelcamino3051]

5:29

[@dostagirl9551]

I know that calling in the customer service gets a bad rap, but I really get a strange feeling from his story that a major insurance company like Progressive continually hung up on them. It feels more like they tried to explain it to him, and he was not getting it, or maybe that’s what she told him happened, and she’s lying.