Letter: Debt After SHTF

Letter: Debt After SHTF

Hugh,

I’m looking for some justification of some prepper advice I’ve seen. More than a few articles recommend getting out of debt now before SHTF. I say, “Why?”. In the event of TEOTWAWKI the banks will be shut down anyway. Who’s going to process the repo paperwork? Who’s going to come enforce the repo? The local Sheriff is going to have more important things on his plate. That is assuming that he’s even still performing the duties of LEO. On top of that, I’d be willing to bet that when things started to get “back to normal” past debts will be forgiven in the interest of rebuilding the basic organizational structures needed for the operation of a society or enterprise. Just some thoughts… – D

HJL’s Reply:

You shouldn’t need any more advice than “It’s the right thing to do”. Getting out of debt should be … Continue reading

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Letter: Debt After SHTF

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