127: How to Get Out of a $26 Million Hole with Jorge Newbery
Young Wealth by The Jason Hartman Foundation · Jason Hartman
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Show Notes
Jason Hartman talks with Jorge Newbery, founder and CEO of Debt Cleanse, founder of American Homeowner Preservation and author of Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar, about how he was able to climb out of a $26 million hole and how others can follow in his footsteps. This isn't about cheating your way out of debt, it's about using the same rights that creditors have because you need to protect yourself from predatory lending practices.
Key Takeaways:
[2:32] Debt may seem simple, but it's a lot more nuanced that you'd first believe
[4:17] If you can't afford your debts, the best thing you can do is to stop paying them
[7:29] How Jorge got started paying off his $26 million debt
[10:06] What kind of errors you should be looking for from your lendors
[15:56] The elite have often used debt as a way to enslave the lower classes
Website:
Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar