Would you work somewhere for free if it meant forgiving all your debt?

that makes me think of those people that work at a place and live on the property so they get their home in exchange of doing security or maintenance etc.. i think its a great idea but i would still think you wouldnt have enough money for utilities and etc.. but like maybe a part time thing or something would be cool

Ah... I know what you mean. And certainly I would be glad to do that if it was offered to me, providing that it could be done around my work hours, since I would still need to get paid from somewhere. It's funny you mentioned that, because some times, when I wonder what I would do if I ever won a big lottery or something, I dream of being able to create some sort of ... well something LOL DOn't know what I would be able to call it. But the idea would be to help some of the people like me - that are in the middle class bracket, which nowadays is basically worse than being poor - that would like to have a house. The way I wanted to do it, would be to actually buy the house, and offer to people who met the requirements the option to, let's call it "rent" it at a reasonable monthly rent/payment/ whatever; not charity but also not the incredible high fees and interests a bank charges. And then if the person was ever in the financial position to be able to at least try to buy the house, allow the payments made so far, to be able to enter the equation in some form. Not necessarily 100% but something reasonable. But concurrently with that, have some sort of agreement that the people would do something for free in return for that. Could be anything of course, but maybe a few hours a week working in the restoring of another house, or doing the clean up part, or providing some babysitting so others could contribute as well..something along these lines. I think that it would be able to help people in a bracket where hardly any help is available. Because nowadays - at least in here - the ones that are considered poor have plenty of help, the rich have many ways to escape paying what they should, and the ones in the middle are just left to fend for themselves with basically no help at all and often shouldering the costs of the other two. I know I have not really explained this in a clear way, but I just remembered it as I was writing :)

that would only depend on what my debt was. i personally don't have any debt thank you Lord. but if i had a large debt and i had to only work for a year or maybe two. i would do it. i am not going to sell my soul to get rid of it. i mean doing things that i would not do even if i were to get paid for it.

let's see now.. i could see that as an option, but i dont think it would work for me..since i am already working 8-10 hours per day now.. i would rather spend my weekends with my family, and catch up on my housework.. and i dont think i want to skip my current job, and miss some payments (salary) in order for me to pay back my loan.. i would rather work around my monthly salary to pay for whatever i borrowed... but i surely enjoyed your comments about the 'government servants'.. they're the same all over the world, arent they - dont you find it amusing how almost anyone from any country would make similar comments about their government staff/ people working for the 'public service'.. they may get relatively lower monthly income than people working in the private sector, but they certainly enjoy a lot of 'perks' - very minimal loan rates for anything, shorter 'official' working hours (during which they dont do much also), they even get year-end bonus in this country, they have no worries of losing their jobs.. and they've also got a very strong 'workers-union' - and on top of that.. the government really 'takes care' of 'these people' because they want to 'secure their votes' everytime election comes!..

yes but how am I going to pay the mortgage then?

i have less than $4,000 in debt so i would not do this but it would be a good idea for people who have a lot more debt.

Love the concept, but unfortunately I don't think this would work with businesses because of that greed factor. They want the money and won't settle for anything less. Even those who send in what they can afford in earnest are still badgered by the companies they owe money to. On a personal level I've done something similar. When a friend needed someone to clean her house I had her pay me by ordering some pans I wanted. I really wish companies were open to this concept. I just don't see it ever happening.