Would you declare bankruptcy???

Rake+ · Jul 28, 2008

Hypothetically speaking....................

Would you declare bankruptcy and start from scratch if you owed 55k of poker debt?

bw07507 · Jul 28, 2008

Hypothetically speaking....................

lol

Umm, to answer the question I have no idea b/c i would never let myself get into 55k of debt, especially from poker.

pantin007 · Jul 28, 2008

maybe if i owed 6.17 million from a few bust business ventures i would declare bankruptcy
hypothetically speaking ofcourse

blacksun · Jul 28, 2008

If I was 55k in debt from poker I may declare bankrupcy but more importantly I'd stop playing poker LOL

Egon Towst · Jul 28, 2008

blacksun said:
If I was 55k in debt from poker I may declare bankrupcy but more importantly I'd stop playing poker LOL

I concur.

Paranormal · Jul 28, 2008

hell no borrow 10k and play the wsop ME ..

your sure win when the pressures on

wicked663 · Jul 28, 2008

Wow...I would seek the advise of a credit counselor and an addiction specialist if I were you!

arahel_jazz · Jul 28, 2008

I wouldn't have to worry about bankruptcy if I had $55K in poker debt. My wife would kill me and my body would never be found.

switch0723 · Jul 28, 2008

Paranormal said:
hell no borrow 10k and play the wsop ME ..

your sure win when the pressures on

nonono the 5k omaha rebuy event since your only like a 52/48 dog in every hand so your more likely to win imo

rylflush99 · Jul 28, 2008

i dont think id ever let myself get into a 55k debt for anything

hornellfred · Jul 28, 2008

The best think about internet gambling is that you have to get the money somewhere else before you gamble. In Vegas if you can't pay a marker within a certain period of time it is a felony. Instead of having Vito break you legs, the state government puts you in the slammer. In the past I had a real bad run at betting baseball games, and I was visited by Vito and friend more than once. No bankruptcy allowed.

Rake+ · Jul 28, 2008

hornellfred said:
The best think about internet gambling is that you have to get the money somewhere else before you gamble. In Vegas if you can't pay a marker within a certain period of time it is a felony. Instead of having Vito break you legs, the state government puts you in the slammer. In the past I had a real bad run at betting baseball games, and I was visited by Vito and friend more than once. No bankruptcy allowed.

well hypothetically speaking you could get loans for all sorts of banks...

5 dimes from HSBC

6 dimes from citibank

8 dimes from discover

12 dimes from chase bank

Can easily get out of control... hypothetically speaking

Snowman1964 · Jul 28, 2008

If you really are 55K in debt through poker and this isn't a gag I suggest you get some professional help as soon as possible.
GA would be a good place to start to get your life back on track.

fcumred · Jul 28, 2008

If you are $55k in debt then you might as well get another loan for $5k and take part in a nice MTT...

If you win the debts covered.

If you dont win, well you were going bankrupt anyway so whats another $5k

hypothetically speaking of course.

fcumred · Jul 28, 2008

Rake+ said:
Hypothetically speaking....................

Would you declare bankruptcy and start from scratch if you owed 55k of poker debt?

I would declare my self insane, never mind bankrupt.

Panamajoe · Jul 29, 2008

The question really is: Would you have someone else pay your debt if you wasted $55k playing a game?

Pay your own damned debts and don't expect someone else to! dagnabbit

But you didn't really do that did you?

Mark me SUCKER

dailies · Jul 29, 2008

instead, i would go to a financial adviser first, and then right after, a gamblers anonymous
and if you can find it, someone to give power of attorney too, so that they have control over your funds and you can;t go into further debt

OzExorcist · Jul 29, 2008

I'd watch Lock, Stock and Two Smoking Barrells over a few times - if those geezers can find a way out of a situation like this then they must be onto something.

l Love Beer · Jul 30, 2008

Just head over to Teddy KGB's place and play him HU a few times... It's sure to work.

Monoxide · Jul 30, 2008

Yea obviously id declare bankrupcy, but to get 55k in poker debt.... wow.

Your credit would be fuxed for like 7 years or whatever too from that, but I guess you wont owe 55k anymore ^^ easy solution.

Ummagumma · Jul 30, 2008

Jesus...55k in debt due to poker? I think i would just kill myself...how do you let yourself get to that point to begin with lol

joeey · Jul 30, 2008

man i know how you feel ,i'm in the same boat but just keep
your cool and somehow you'll be ok ,don't declare bankrupcy ,
stick it out thats my advice besides its only money

DREW0 · Jul 30, 2008

Having been in business, and been on the losing end of far to many bankrupcies, I would say don't be a deadbeat, quit playing poker and make arangements to pay your debts!!

If this is not possible and you need to protect your family then it may well be the only solution.

Either way good luck.

Wolfpack43ACC · Jul 30, 2008

So is the OP in for 55K?

switch0723 · Jul 30, 2008

^^ Only hypothetically of course

Would you declare bankruptcy???

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