@Ryan PozziGo call your local bank right now and apply for a personal loan for what you have in outstanding credit card debt, or, if your credit is good enough, get a new credit card with a 0% balance transfer option for, say, 12 months.

The companies that will stay down after a recession are the ones that went in weaker, and had to lay off their core talent, give up critical assets, end up buried in debt, or didn't have the funds to develop any new products while their competitors did (ie, you should have bought those competitors instead).

@Collin My question whether you believe in Dave’s ideas is or not is, what’s wrong with having no mortgage debt or any other debt, and having nothing but income to invest and get very wealthy.

A judge isn't going to allow a creditor to take everything the debtor owns or throw them in jail for being poor.

We didn't really have credit card or student loan debt or anything like what most of his listeners have.  

Would it then be against IRA rules to hold the debt or equity of said company in my IRA?

So... is it a good idea to use the IRA money to pay debt? or

Inflation destroys the value of fixed rate debt - or even variable rate debt, below the rate of inflation - over time, resulting in financial gains for the debtor and financial losses for the debt owner.

There is plenty of opportunity in an up or down market and arguments on both sides of the coin for debt or cash investors. 

Is that student loan debt or mortgage debt?