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Dave Ramsey Shares He Went Bankrupt And 'Lost Everything' Years Ago While Empathizing With Caller Struggling With $380K Of Debt Who Makes $57,000 A Year — 'You've Been Sold A Fake Dream If You Think Bankruptcy Is Gonna Fix it'

Listeners of "The Ramsey Show" often find themselves nodding along to stories that could be their own. The stories feature all-too-common scenarios of financial distress with the teller seeking a glimmer of hope. In a particularly compelling segment, John from Texas shared his overwhelming battle against debt — a tale that resonates with many. At age 28, with a wife, a 9-month-old daughter and working toward a doctorate, John’s financial load is crushing: $300,000 in student loans, $40,000 in pe ....

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