0:01

Keep a zillionaire is welcome back

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to Million Bazillion before we get

0:06

started. This episode is presented in

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partnership with Greenlight, the debit card

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Billionaires. It's Bridget here and we

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want to hear what you think

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about. billion Bazillion Please help us

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out by filling out a short

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anonymous survey at marketplace.org. Flashed

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survey, Bridget,

0:53

Check out the school book

0:55

on monster trucks. She. Were

0:57

in a library. Gotta keep your

0:59

voice down. sorry. But look at these

1:01

trucks if you ever see we also

1:03

big. Shots.

1:06

Were supposed to be researching money

1:08

topics or our Money podcast. Aren't But

1:11

what books do you have there? There's

1:13

no need to look at my bucks. Or not. If

1:15

you've got money, books are should look

1:17

at your books right? Wait a second.

1:20

The. Definitive guide to Fed Chair

1:22

Jerome Powell. Jade Palace guards are

1:25

running the Federal Reserve Chicken soup

1:27

for the J. Powell. So what

1:29

is this stuff? These are books

1:32

for the show. We're. Not going to

1:34

do our show just ah j

1:36

pow you lack she. Hulk.

1:47

A million his own. Yeah, I'm project. And

1:49

aren't Brian and we helped? Dollars make

1:51

more sense. And okay, I'll admit

1:53

it. We both got distracted in the library

1:56

looking at books that are off topic with

1:58

today's episode. Speaking of which, let me. Many

2:00

Christian some he gets thirty. Three.

2:05

Let's move to up later as

2:07

a library. the fewer people. Have.

2:13

A theory on the economic section

2:15

of the library. Pretty quiet here

2:18

he early so. The. I think

2:20

it's safe to listen to that question now.

2:22

Hi my name is I mean

2:24

I am now question as well

2:27

as been capital thank you. Good.

2:29

Question: Bankruptcy is a thing for people

2:32

who don't have enough money to pay

2:34

their debts. Hope it never happens to

2:36

you. Thanks for the Question Maven, Wait,

2:38

there's more. To bankruptcy than just you're

2:41

right that it's about that when a

2:43

person or a business oh so much

2:45

money, they have no hope of pain

2:47

it back like it's really bad News

2:49

bears, they may be able to declare

2:51

bankruptcy. Bankruptcy is a legal process for

2:53

people who are in financial trouble so

2:56

they have paid money problems. It can

2:58

feel theory that there's a silver. Lining

3:00

as a fresh start. Supposed

3:02

to helping people find utilized better answer.

3:05

Help them. Recover from hard time, Urgent.

3:09

This gives me an

3:11

idea now. Oh

3:13

you haven't even heard my idea! I already know

3:15

your ideas. You're going to suggest we buy a monster

3:18

truck or something and rack have a bunch of debt

3:20

and I don't think see to reset and we're gonna

3:22

get into a bunch of trouble with wacky characters and

3:24

somehow and of getting chased by a monster truck at

3:26

the and and barely make it out of the episode.

3:28

allies know and vetoing this idea, not doing it. Okay,

3:31

What if I buy a big boat instead? You.

3:34

Already bought a big boat on the shall we

3:36

need to try modeling responsible financial behavior toward Listens.

3:38

For once, we're going to see put in his

3:40

empty wing of the library and read about. Think

3:42

of seats and have a nice till episode. Okay,

3:44

If I were the economic section,

3:47

they gotta have a book on

3:49

bankruptcy somewhere in here, right? Let's

3:51

see Angeline on banks. Ivan Boesky

3:54

Think of. The.

3:56

Sun looks interesting zip encrypted

3:58

France Attorney to. That and back

4:00

again. This. Doesn't look

4:03

at a boring economics look at all. It

4:05

looks like a fantastical adventure tale of nights

4:07

and princesses and wizards and elves and legal

4:09

hassle than dragon should we read it. Couldn't

4:11

hurt will crack open the book on bankruptcies

4:14

right after this. And.

4:19

Now it's time for us

4:22

in. Random kids must. So

4:24

random questions? Today's question

4:26

he is you could travel

4:28

to the seizures What he

4:30

sees the news for most

4:32

is. What

4:34

into the future? I

4:36

think they've used sober

4:38

performance stay with, use

4:41

soreness future technology to

4:43

make some money. I

4:45

think the subject is

4:47

insane. The money in

4:50

your digital all holographic

4:52

Monday Close. To see

4:54

Thirteen was in college. I.

4:56

Think they go solo for

4:59

both. Follow up on Hms

5:01

called Papa Doc that was

5:03

an hour in Vancouver page

5:05

and says han Mass in

5:07

New York City, Nora in

5:09

California, He in in Illinois,

5:11

Rocco in Massachusetts and on

5:13

here in Germany. This has

5:16

been asking random kids know

5:18

so random question. And.

5:22

We're back to they are Million Brazilian

5:24

Were at the library answering the question

5:26

what is bankruptcy and we're about to

5:28

read a book on. Is. A

5:30

heavy book of but a looks like

5:32

a pretty cool fantasy story. Are

5:34

you ready? You butcher. The.

5:36

Bankrupt print ha. Chesterton

5:38

Less City The third. Prologue.

5:42

Once upon a time in a

5:44

magical land, doesn't the handsome prince

5:46

who was about to inherit the

5:49

throne of the vast kingdom of

5:51

Who pretend when he suddenly discovered

5:53

his financial situation wasn't exactly what

5:55

he thought. It was have you

5:57

mean there's no money left. I

6:00

was inheriting the thrown at a bunch of

6:02

money. Home. Yes, Mr. Prince

6:04

Marlowe as your Cp A, I

6:07

must inform you that your gold

6:09

room is there. There's. I

6:11

know nothing to inherit. Well.

6:13

This is a disappointment to be

6:16

show so give it to restrict

6:18

how much manager I am. Negative.

6:22

Eight hundred pieces of gold. I

6:24

have negative money. Like less than

6:26

zero money. How is that possible?

6:28

Well it turns out you owe

6:31

money all across this magical land.

6:33

You took out a loan for

6:35

magic beans that wasn't on wise

6:37

investment the most. Said you took

6:39

out a loan for that unicorn

6:42

drawn carriage, various swords. He really

6:44

like swords and looks like you

6:46

read up some medical did during

6:48

the plague. I also lost an

6:51

entire. Long them to have my

6:53

fingers. Bad play. Yeah, Bud played. but

6:55

you really are survived. Wow, Which is

6:57

what really matters yet. you have your

6:59

hills yet. Everything but your hospital bills

7:02

still need to be paid. Also, you're

7:04

way behind on the mortgage payments on

7:06

the castle. you'll have been. Or

7:10

proper smaller we toss your creditors. You

7:12

are very modern from our swords. And

7:14

may fall sick than the castle bathroom

7:16

and the wheel on your unicorn drawn

7:18

carriage way. I leave an interview pious.

7:20

The money you owe. Her own

7:23

ursus looking gone up. Your my accountant

7:25

Lenny what are my options here? We'll

7:27

seeing as how you are financially. Insolvent.

7:30

That means you can't pay. The money

7:32

you will. I believe you need to go on

7:34

a journey. A

7:37

journey to declare bankruptcy. Which.

7:42

Means enlisting the help of lawyers

7:44

to fight fearsome battles on land

7:46

and sea. than in court Traveling

7:48

through a buggy bureaucracy. That means,

7:50

like a missive. Laws and rules

7:53

and. Paperwork or that does sound

7:55

dangerous and perhaps boring. I'll have

7:57

to think about. I'm

8:00

gonna break it down with

8:02

a really sharp axis. Okay,

8:05

think on it. But don't

8:07

think too long. For now, let's eat out the

8:09

buck. At

8:15

night, the prince talked it over with

8:17

his wife, Princess Cecily, as they sat

8:19

at one of those long tables with

8:21

a ton of food eating big turkey

8:24

legs. Filing for bankruptcy,

8:26

I can't imagine anything more shameful. It

8:28

would bring embarrassment on the respectful name

8:31

of the kingdom of Purpertin. Oh,

8:34

then what should we do, my sweet? Well,

8:36

to be fair, we may have made some

8:39

financial decisions that didn't quite turn out the

8:41

way we'd hoped. Well,

8:43

it's mostly doctor bills from your

8:45

plague treatments. But yes, between that

8:47

and your swords and my jewels

8:50

and those magic beans, we're

8:52

out of money. You're a brave

8:54

knight, a wise and merciful ruler. Why

8:57

not show yourself some mercy and give

8:59

us a fresh financial start? We

9:02

have no future without some sort of

9:04

solution to our debt problems. Maybe

9:07

you're right, Cecily. You

9:09

know I'm right, my teddy bear. You've

9:12

no idea what I do without you

9:14

by my side. My love for

9:16

you burns brighter than a

9:18

blacksmith's flame, my dearest princess.

9:20

Whoa, whoa, whoa. Let's skip

9:22

over the mushy stuff, okay?

9:25

What's the matter? The guy's just being appreciative of his

9:27

wife. This is part of the story. Let's just

9:29

read it. Nah, nah, nah. You know

9:32

I don't like the mushy, kissy, lovey-dovey

9:34

type stuff. Let's move on. Okay, well,

9:36

you're sort of old to not want

9:38

to listen to the romance part of

9:40

any story, but whatever. We will

9:42

skip past it. Gazing

9:45

deep into his beloved's eyes, the prince

9:47

whispered, I suppose I have no

9:49

other choice. I'll set out on

9:51

my unicorn at dawn. Height

10:00

of his journey, crossing the bridge of refer

10:02

Ten and the river a better chance at

10:04

one point realizing he had never been this

10:06

far away from home with upon his arrival

10:09

to the village of. Wizard The

10:11

lawyers that the princess journey

10:13

began in earnest. So many

10:15

help young I'm looking to

10:17

declare bankruptcy. Must be honest,

10:20

there's not much going on

10:22

here in chapter on in

10:24

terms of explaining bankruptcy. Oh,

10:27

are or what about chapter

10:29

through? So there's some information.

10:31

Chapters: ones who sits in

10:34

the bankruptcy code Source to.

10:48

Wow. Okay I guess if the boss

10:50

says so, we should probably just given.

10:52

The Room of a Chapter

10:54

see Prince leave. The village

10:56

separate breed the prince travel

10:59

more narrowly avoid his creditors.

11:04

To separate I. Have a

11:07

lean. Chapter six: Eat for Lunch.

11:09

Ah, here we are. Chapter seven.

11:12

Subtitles: It is chapter is

11:14

bankruptcy for people or businesses

11:17

who aren't able to make

11:19

any monthly payments on their

11:21

debts or liquidation. The

11:24

Prince finally arrived at a fortress

11:26

guarded by a serial and pale

11:28

else lawyers. Or I'm out of

11:31

money and being hounded by my

11:33

creditors. or I'd like to file

11:35

for bankruptcy or chapter seven. bankruptcy

11:38

to be specific. He couldn't.

11:41

Hear. Into to says we was ritual.

11:45

Ah, I like the sound of that. It has

11:47

to have. To. Sit and is if people

11:49

and businesses. Who don't take any

11:51

other options a row than they could

11:53

possibly we pay? We offer them a

11:55

way out, right? Signed me up,

11:58

but be warned. Comes

12:00

at a price. With chapter Seven

12:02

bankruptcy, almost everything you own will

12:04

be sold to help. Feels as

12:06

much as your debt as possible.

12:09

Even my pretty big sward

12:11

collection. but I've spent years

12:13

collecting each Bruce. We're.

12:15

Probably going to have to liquidate

12:17

and so's. Liquidates, My Swartz

12:20

you're going to turn nice

12:22

was into water. Oh by

12:24

the use of some else

12:26

magic spell. New liquidate. nice

12:28

to settle for pinch. Think of

12:30

it like taking a soloist, unlovable

12:33

objects and turning into slowing me.

12:36

Down. Liquidations You may

12:38

lose your castle and was

12:40

your phone's. I

12:43

gotta say, I don't love that. Oh

12:45

who am I with off my swabs

12:47

and which? Are a lot of

12:49

money to a lot of different people? Are you

12:51

sure that if I give up my swats at

12:53

my castle, I'm going to be able to pay

12:55

them all back to? I'd have you. Oh, a

12:57

lot of money. Oh we the

12:59

system for that and just as

13:01

indebted Seats would flee liquidates everything

13:03

you unless we take that p.

13:05

Me: He did he he he

13:08

did he did he think. It's

13:14

a case. Isn't quite sickening, says he

13:16

does. It

13:19

isn't going to be so that it

13:21

might not be as big as he

13:24

wanted and no one gets the whole

13:26

case and that a house and within

13:28

your benefits. It's almost a little disappointing

13:30

that no one will be paid in

13:32

full. Oh so say are owed

13:34

a hundred gold coins to the blade

13:36

smith and term gold coins to post

13:38

murder but only have half the money

13:40

to settle those deaths. In a

13:42

space he makes me so that forty

13:44

five of your coins, those your placements

13:46

and five point is that you're pushing

13:48

me to send. Everyone gets half of

13:50

what they're owed. He, even though you

13:53

owe the bleeds miss most, he can't

13:55

have it all. The point is to

13:57

get people back at least part of

13:59

with him. I'm going after all

14:01

that they leave me alone, right? Yes! That's

14:04

the wound your credit is going to

14:06

be cause for over ten years and

14:09

to the process of means to be

14:11

tougher for you to get a loan

14:13

to make really big purchases for the

14:15

next. Ten Years. From.

14:18

I doubt love the idea

14:20

of losing my stuff especially

14:22

my precious was but I'm

14:24

out of options and Spritzer

14:26

Sicily is depending on Mack

14:28

Brown. Oh right, yes, I

14:31

have zero it allowed. To.

14:34

In order to initiate bankruptcy proceedings,

14:36

you must serve complete this necessary

14:38

paperwork. Tells. Me says what is

14:40

your name. I am from smaller of the

14:42

king them as poop at it. Too

14:45

stupid. To. Principal.

14:48

Button if. You can just

14:51

need this love and solve. All

14:53

that, as long as the

14:55

meeting, Was wrong Turns you

14:57

will. Successfully have the

14:59

data erased using the

15:01

Chapter seventeen. So.

15:04

The Prince enter the

15:07

labyrinth of bankruptcy paperwork,

15:09

a cruel and complicated

15:12

maze of filing deadline

15:14

and unexpected fees. Ah,

15:17

Spiderwebs every around. Oh

15:23

wait a minute. Can't really

15:26

be out as the file for bankruptcy

15:28

care of this is a fuss Silly

15:30

exaggerated fantasy story right? Actually,

15:32

This part is more real than

15:34

you might think filing for bankruptcy

15:36

can be really intimidating. But anyway.

15:38

okay so the prince quickly became

15:40

frustrated. I

15:45

was out of was bankruptcy mais now auto

15:47

survey of repay all of I guess anything's

15:49

gonna be better for this I give my

15:51

as high a store next year of brains

15:53

to get out of the unless. That you

15:55

say, You. Have an income

15:58

of green soon? Geez! The

16:00

yearly harvest. It's the most glorious time

16:02

of the year in the kingdom of

16:04

poop. Or didn't everyone brings be a

16:06

bag of grain and tribute this whole

16:09

ceremony and everything. In this case, You

16:12

need to stop right there. I still

16:14

think have to seven is the right.

16:16

Had bankruptcy few months old. Are

16:18

you getting married? I'm halfway through

16:20

the labyrinth. men. If. You're

16:22

going to have an income from

16:25

your kingdom citizens. You must journey

16:27

to a different realm and a

16:29

whole different. Puzzle. Solution: What's

16:31

a whole different route

16:33

Woman told you that

16:35

is smaller. We don't

16:38

We Forgery to settled

16:40

Ah my blasted credit

16:42

hours a. Week

16:46

or so to a certain. Sorts

16:50

oh gonna run, offered or

16:52

up my options on the

16:54

way onwards, etc. and with

16:56

his creditors and such. For

16:58

since that think the Prince last.

17:00

chapter seven Empty handed. Unsure

17:03

of where his journey to certain

17:05

broken man would leave him filled

17:07

with a sense as must continue.

17:12

To happen As a prince gonna get a file

17:14

for bankruptcy or not, I want to know. Hold.

17:16

Your horses will find out after we take a

17:18

quick break. Paper

17:21

airs this episode of Million Brazilian as

17:23

presented in partnership with Greenlight, the debit

17:25

Card and Money Out for Kids and

17:27

Teens. Today opposite seems

17:30

a bit serious, right? He.

17:32

All reached into a pocket, pulled

17:34

out a wallet or seek an

17:36

are bank and experienced crossing ceiling.

17:38

Samsung is even worse when it

17:40

crosses you off guard, bankruptcy isn't

17:43

on. it's important to know how

17:45

to manage your money wealth And

17:47

thirteen with the basics, you don't

17:49

fit into a dire situation like

17:51

bankruptcy. That means putting your money

17:54

summer. You can monitor. It. Closely season

17:56

makes and smart decisions with

17:58

it extremely kitties. Crocker

18:00

spending a young age. Parents

18:03

and Ruff Eighty Nine. They can accrue

18:05

every transaction and their kids. Are learning about

18:07

money in it. And

18:10

everyone gets into the habit of learning

18:12

and talking about money. A habit that

18:14

help us avoid bigger problem down the

18:16

road. Get one month free and earn

18:19

ten dollars today. Sign up for greenlight

18:21

account at remote.com Crash. Marian. Okay,

18:28

welcome back to Million Brazilians Today We're

18:31

answering the question, what is bankruptcy by

18:33

reading a fantasy story book about a

18:35

prince who has so much debt he

18:37

realizes only way forward is to declare

18:39

bankruptcy. It can jump back and right

18:41

away I'm really curious to see of the surgeon.

18:44

Sir. So. After giving up

18:46

on chapter seven, the Prince set

18:48

course for chapter. Eight, which

18:51

didn't. Have much going in at night at a

18:53

chapter nine or ten, but we. Did

18:55

make a little stop in chapter

18:58

Eleven bankruptcy for businesses that want

19:00

to keep operating or it's reorganization.

19:03

Where he stumbled into a long line

19:05

of business proprietors from throughout the land

19:07

for all hoping this type of bankruptcy

19:10

could be a way out of their

19:12

business. Woes, give yourselves in an

19:14

orderly line. You that went off

19:16

and beyond. Stop trying to cut

19:18

in front of night A to

19:20

Ten Frenemy First got your chance

19:22

to make it through the chapter

19:24

Eleven Gauntlet are deadly but thrilling.

19:26

Obstacle course for businesses were about

19:28

our daily. Lives

19:31

lose an arm along the way,

19:34

but if you can pass these

19:36

tests of speed, hundred fortitude, you'll

19:38

improve your wedding. Us To emerge

19:40

from chapter eleven Bankruptcy Refocused and.

19:42

Reorganized and or Lead mean

19:45

business machines. Three

19:49

Organization Perhaps this is what my

19:51

kingdom nice but if you fail

19:53

will be sent to the outer

19:55

source of chapter seven to be

19:57

liquidated and be gone forever. Maybe

20:02

I just like the sound of that you.

20:04

that gets us as you wait in line

20:06

for your own turn at this gauntlets out.

20:08

Tell me more about Chapter Eleven Bankruptcy I

20:11

were to files. Would I need to sell

20:13

all my sword. Flaw know

20:15

why. Is

20:17

that the business focus on what is

20:19

really good at What's this now and

20:21

ninety nine cent stores have had to

20:23

get knocked down by the oils are

20:26

us? Now

20:30

her tomorrow and this Chapter

20:32

Eleven Bankruptcy is mainly a

20:34

type of bankruptcy for businesses,

20:36

you say? Yes, That's

20:38

right, The kinda

20:40

roman you'll run into business. I

20:42

know the motive behind me. What was your

20:44

here? Flight or consumer

20:46

purchases and frosted. The room for

20:49

since Hello! And boy was

20:51

a wrong. The whole been tackled

20:53

business moved on line fishing lines

20:55

we didn't say gonna support. Is

20:57

suddenly in deep trouble. A

20:59

business is still worth saving

21:01

bankruptcy in an easy ms

21:03

of sometimes. it's our only

21:05

option for some. Down completely.

21:08

right? Brianna? Yeah, so you're saying

21:10

everyone waiting in line runs a

21:12

failed busy whoa whoa whoa whoa.

21:14

You corn fails when I'm a

21:16

very successful self in a magic

21:18

wand like The Apothecary Tonics and

21:20

Alexis my. Mother's this

21:22

is declared bankruptcy for Tolerance is

21:24

a great school for genius business

21:26

cause of me. The same

21:29

business and you can get myself a

21:31

bonus. People want backup? I do for

21:33

file for bankruptcy four times no no,

21:35

no authors and for for bankruptcy zero

21:38

points on not even more stuff is

21:40

my business is a go bankrupt. My

21:42

nipples routed like that of this is

21:45

all right and I'm actually really good

21:47

at gauntlets if I do say so

21:49

myself is really too bad I can't

21:52

apply for this kind of bigger seasons.

21:54

I'm not a business I know for

21:56

certain. Yeah

22:01

Than humans. Is is as

22:03

by suggested. that was nice meeting

22:05

you all are leaves us with

22:08

an extra sorry for the lobby

22:10

group principles hunted file for bankruptcy.

22:13

And he knew he couldn't go

22:15

back to the kinda in a

22:17

position without having to fill some

22:19

part of his quest. He decided

22:21

to advance forward through chapter twelve

22:23

were upon hitting a giant. Stone

22:25

wall concerning and dinner.

22:30

And suddenly. The entire story.

22:33

Came. To an abrupt stop. The

22:35

ends. Star

22:38

Trek just and there. There was no

22:40

resolution. Yeah, That is a disappointing when

22:43

and the story, but this book only

22:45

has twelve chapters. Hold

22:47

on, wait a minute that like behind

22:49

the flat the story has a secret

22:52

thirteen chapter. One. Chapter.

22:54

Thirteen Bankruptcy for people who

22:56

oh, and unimaginable amount of

22:58

money, but also who still

23:01

have some sort of income

23:03

coming in ak a the

23:05

repayment. And

23:09

the prince's if he couldn't sit still

23:11

has filed for bankruptcy here. They would

23:13

be nothing for him to do that.

23:15

Go back to the Kingdom of Pooper.

23:17

Ten and utter failure. Arms

23:20

are hacking through a haunted

23:22

sector. Thirteen Point of giant

23:25

spiders makes more house and

23:27

facts numbers the great of

23:29

Fog of Confusion. Stain

23:31

on hold one for two

23:33

hours. The

23:35

Prince his patients to the test.

23:38

The only thing they save him

23:40

comfort was remembering the face of

23:42

his beloved princess. Oh how he

23:44

long to see her beautiful face

23:47

once again, this time living free

23:49

from the burden of yes. And

23:51

no no no Bridget. Well I

23:53

say earlier a not for the

23:55

romantic more see to see star.

23:57

Why it's we. Can we just. Back

24:00

to the action and adventure please!

24:02

Okay, okay, having successfully conquered all

24:05

the challenges one faces in these

24:07

kinds of fantasy stories, the prince

24:10

finally reached the fortress atop the

24:12

pile of paperwork where Legend had

24:14

is the guardian night and chapter

24:17

Thirteen had been keeping watch for

24:19

century. Or

24:21

provision overpay for were.

24:24

Are ready to fire truck river.

24:28

Park who goes months his

24:30

art prints marlowe of a

24:32

kingdom of proper term. So.

24:36

You're planning on staying with that name.

24:39

This. reason

24:41

for us would do have for me

24:44

my some be warned my own is

24:46

a weary of to centuries of going

24:48

to thirteen bankruptcy room. Or.

24:50

Eyes filled out the forms as honestly

24:52

as possible or just at all my

24:54

assets including snare yearly income of drinking

24:56

and Texas from a good citizens of

24:59

my kingdoms I'm prepared to go back

25:01

that if I deemed truly broke in

25:03

very eyes bleed the how to and

25:05

night Let me take a look. You

25:08

do understand, chapter Thirteen is a

25:11

little different from the other kinds

25:13

of bankruptcy, right? Or in what

25:15

way, But. We're in chapter

25:17

thirteen. You'll be more likely to hold

25:20

on to some of your assets like

25:22

your castle at my Swartz. Possibly.

25:25

Think of this type of bankruptcy

25:27

unless as a liquidation was a

25:29

very aggressive repayment plan to help

25:31

you move forward or this all

25:33

sounds perfect balance. It will come

25:35

with a challenge and what everyone

25:37

passes easily. You'll be able to

25:39

hold on to more of your

25:41

things, but you won't be free

25:44

of debt anytime soon and you

25:46

will make rigorous monthly payments. I

25:48

could live with that as long

25:50

as I can relieve myself of

25:52

even some of my cousins mortgage

25:54

debt, my medical debt, my student.

25:56

Loan debt? Sorry, your student

25:58

loan probably doesn't. What

26:00

a minute I don't meddle with. that's

26:03

just how me these are. Very well

26:05

then I will be free of all

26:07

my get except for my student loan

26:09

debt for my degree in Royal Read

26:11

Beings. He doesn't mind his entire and

26:14

sinking ship. To say a team is

26:16

right for you, you just need to

26:18

battle the zone their inner courtyard. Wow.

26:20

such a Ballard that lays out you

26:23

plan for how you repay all your

26:25

credit. It's it's. It's

26:28

you that you've never. It's. The

26:34

printing specific chance to prove to the good

26:36

citizens of Cooper to eat and he could

26:38

make things right in the kinda. And

26:41

ten Vince to my you to content of

26:43

repairmen weekly for the next five years. Sea.

26:46

Battle that dragons. he thought about

26:48

August either and sounds as he

26:50

faces young lights and out even

26:52

if it Mcnally. A ferocious sigh

26:54

of relief size and she was

26:56

grateful for the chance. To learn

26:58

to his instead and success in.

27:04

Epilogue. The Prince and

27:07

softer thirteen month journey together to

27:09

poop or ten. In a

27:11

unicorn drawn carriage while the chapter

27:13

thirty nine explained to the prince.

27:16

wow thanks for see laws was

27:18

so important for individual and forcing

27:20

them. Well

27:23

what did we learn from

27:25

all this request of the

27:27

bankruptcy exists to help like

27:29

you print. Smart people who

27:31

sometimes too bad decision making

27:33

but are often through just

27:35

bad luck. Couldn't live up

27:37

to the financial promises they

27:39

play was a plane was

27:41

a famine arranged pirates. The

27:43

point is it could happen

27:45

to anyone at the ability

27:47

to declare bankruptcy. To have

27:49

your deck forgiven can help

27:51

you move on. To get

27:54

back to a stronger financial breaks for

27:56

individual for businesses which can be better

27:58

for everyone. Need

28:01

my pin enough to the point it had

28:03

kicked over the hill and a lush green

28:05

there are two for ten. At

28:08

first sight of the carriage prefer suffering with

28:10

enraptured she could see her beloved prince trying

28:12

closer and she ran to meet him in

28:14

the valley. Oh how I

28:17

miss to my prince our most. Recently

28:19

I made was dangerous and

28:21

frustrating journey for us but

28:23

I promise I'll never be

28:25

away from home again. So

28:27

kiss me Since motto of

28:30

great see kiss. Whoa!

28:33

whoa I said no more She

28:35

stopped. Gotta wonder hear about Kiss

28:37

and and Couples is off romance

28:40

more see John. Ryan,

28:42

What's your problem? You're a grown man you

28:44

can't seem to listen to like a combined

28:47

three sentences worth of romantic subplot in a

28:49

Fairytale for Kids. List: Jump to the

28:51

yeah, I want to know what happened

28:53

to the swords. Okay, did he get

28:55

the cheapest? Wards are not. Have

28:57

he fun! Making a final

28:59

appraisal of the Prince's riches, the

29:01

Guardian native chapter Thirteen nodded and

29:03

said with a grin. Are

29:06

we satisfied whole your creditors and

29:08

is not? Was you make your

29:10

payments on time to control them

29:12

to your songs. You.

29:15

Really? Meters? You have no idea how

29:17

much this means to me. That's

29:19

wonderful news. I have zero

29:22

dollars to my name and I'm walking. On Air.

29:24

I've never been so happy to be

29:26

flat. Broke. Not in

29:28

debt, just plain zero. When

29:31

I suppose I should be on my way. I

29:34

couldn't help but notice this package.

29:36

No causal bowl looks a little

29:39

loose. Your ride horses pusher Bacchus.

29:43

As the prince lists, the stone in

29:45

the was. A

29:48

secret compartment opened revealing a troll. a

29:50

treasure as far as the I could

29:52

see oceans of golden coins into was

29:54

the prince and princess had no idea

29:56

until this moment that says secrets in

29:58

have written even and. And

30:00

they stared upon it in. Ah

30:03

I guess this is Pam.

30:06

This. Is a little extra he

30:08

didn't sir my father forgot to

30:10

mention to me. I see you

30:12

do understand we may have to

30:14

update or appraisal of your assets.

30:18

Yes about that. Gym

30:21

we've maybe pretends that was never

30:23

saw these. These.

30:34

Welcome. Back to Million Bazillion in this episode.

30:36

We just finished reading an epic fantasy tail

30:38

and learned a lot about the different. Had

30:41

the bankruptcy out that's of budgeting to the

30:43

story it was. Great besides the most

30:45

see love parts but otherwise not

30:47

bad. And what have we learned from

30:49

this episode? Oh. Bankruptcy isn't

30:52

a get out of jail free card.

30:54

They can involve having assets like your

30:56

car or house or word collection taken

30:58

away. They can wreck your credit, making

31:00

it difficult to buy another car, house,

31:02

or sword collections. But for certain people

31:05

and businesses, bankruptcy can be a hard

31:07

but necessary choice Because they owe so

31:09

much money, they have no hope of

31:11

truly repaying it unless they get a

31:13

little help. It's a tool meant to

31:16

offer a financial fresh start. That's the

31:18

option of last resort that still comes

31:20

with a lot of consequences. Yeah.

31:22

Bankruptcy rules. Try to acknowledge that we

31:24

humans are flawed and mistakes happens, and

31:27

you should be able to come back

31:29

from those mistakes. Because whether it's in

31:31

the kingdom of Super Tense or here

31:33

in the real world, sometimes a little

31:35

forgiveness is necessary. Well.

31:38

I guess that's it. Look. We

31:40

made it through the whole episode, sitting here

31:43

reading a book in the library with nothing

31:45

crazy happening just like you also. Crossing

31:52

the library wall. Man I knew the

31:54

episode. and with a monster truck no matter how

31:57

hard I had tried to get us away from

31:59

it. Hey, sorry a grudge.

32:01

My monster truck into the library Guess

32:03

I'm desperately trying to find. The

32:06

girl that I love. The

32:08

name is Selma see the Librarian

32:10

and her smile is like muscles

32:12

universe. All

32:25

right, that's it for this episode of Million

32:27

Bazillion. Thank you for listening. Make sure to

32:29

check out the tip sheet linked in the

32:31

show Notes: If you want to learn more

32:33

about bankruptcy, will. Be that next week to

32:35

answer even more of your many questions including

32:38

why source you know coupons and was a

32:40

dollar sign and us with a line through

32:42

it. I bet you still have a lot

32:45

of your own many questions so and we

32:47

would still love to hear them police and

32:49

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32:51

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written in hosted by Ryan Friends and. Me

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some additional voicing from Joe

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