Topic : 01/27 Money Disasters
Dr. Phil's guests are drowning in debt. It's tearing one marriage apart and causing a single mom to think about filing for bankruptcy. First, Deborah says she was raised with wealth and privilege, and she didn't expect to be flat broke and living in a trailer when she married Chris. Chris works 12 hours a day, but they can't even pay their monthly bills. Is Chris not demanding enough from himself, or is Deborah too demanding? Also, find out the secret Deborah's been keeping from her family back in England. Then, Kristine is a school teacher and single mom who treats her friends to dinner and goes on expensive vacations even though she is over her head in debt -- to the tune of $137,000! Her sister, Stefanie, says she's tired of bailing Kristine out when she can't pay the bills, and thinks it's time for an intervention. Plus, a financial expert shares her advice for avoiding bankruptcy. Talk about the show here.
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