Bankruptcy: Last Week Tonight with John Oliver (HBO)

John Oliver details why people file for bankruptcy, how needlessly difficult the process can be, and the ways we can better serve people struggling with debt.

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50 Comments

  1. Craig Mingus on April 27, 2021 at 11:33 pm

    You never realize how much #JohnOliver cusses until you watch an episode with your 90 y/o #grandmother. It’s literally cringe-worthy when you realize how many times he says "fuck" during his show. Could John Oliver actually get through an episode w/o cussing? I challenge him.

  2. The Tower - Fantasy Music on April 27, 2021 at 11:36 pm

    I… DECLARE… BANKRUPCYYYYYYYYYY !!!

  3. A3 on April 27, 2021 at 11:36 pm

    "Now you see me" "now you don’t" what a lost opportunity

  4. InfoJunkie on April 27, 2021 at 11:40 pm

    Just one more example of many that proves why Joe Biden is such a self-serving POS

  5. The Gamer Pau on April 27, 2021 at 11:41 pm

    This is the good thing about John Oliver. Whoever is the president, he can stand in front that person and criticize

  6. Kevin McLaughlin on April 27, 2021 at 11:41 pm

    It’s one thing to say that there is predatory behavior in the financial system and call it out, which is good. It’s another to shit on the idea of taking personal responsibility for our actions.

    Most debt is bad behavior. And I say most, lest a bunch of people comment on their outlying situations that are out of their control.

    Dave Ramsey… look him up. No get rich quick schemes… just education regarding how to make a budget, follow it, pay off debts, etc.

  7. Romana Bereneth on April 27, 2021 at 11:42 pm

    I owe over a quarter million in student debt. I earn about 800 dollars a month and get no assistance from the government. I’ve exhausted my job options. Cool.

  8. Your Concierge In Panama on April 27, 2021 at 11:42 pm

    The issue here is ppl not educating themselves in credit fluency. Use the system for your benefit. It is built against the regular man, but if you know how to play credit against itself within the modern US imperialist system you can trade debt on debt. If you have no credit, you can’t get credit. So let’s say you lived your life perfect without credit, living outside the system and you’ve done good, but for whatever reason you decide, let’s get a loan. Without previous credit they won’t give you a good interest rate or solid loan vs the person who miss-used their credit – it’s ridiculous. Get little credit, build it, use it, pay it off, and then take more credit. Never use cash. Always use credit – never use debit. Even Buffet will say don’t use cash. When you build small to big credit you can trade debt for debt. When you get 10k in credit you can trade it to another card with no balance fees for 18 months. Trade your debt over and over with transfer as necessary to build out the dream. If you over spend, then that’s your issue and that is because of a lack of financial literacy, but hey – the US doesn’t wan’t you to be financially literate. Borrow against nothing and move it up until you trade off for income generating assets. Take more credit and more credit and trade it over or else how are you going to beat the system and break the cycle.

  9. Jonnathan Romero Huertas on April 27, 2021 at 11:45 pm

    It is painful to understand how rigged is the game

  10. Samoht Sirood on April 27, 2021 at 11:46 pm

    "If you want to know the truth before you run up your credit cards and decide to stop paying make sure that you switch your address switch your phone number on file to both out of state that you live in… Also get rid of your mailbox and address markings on your house see when you don’t know comes up to you and says your name asking if it’s you don’t say yes. Walk away close the door tell him you don’t live here get off your property… Most importantly do not answer the door if it’s a cop!!! If they have enough for the warrant they can come back and kick the door in if not then they have no reason and no ability to come on into your house legally unless you open the door DO NOT open the door! Either way you must start waiting 10 years… Immediately try to rebuild your credit and let those accounts fall off don’t answer the phone to collectors or anything else and also don’t have a voicemail setup that we know we can leave messages on your phone… They can only send text and you can block the number or act like you didn’t receive it"….. All of that is some Robin Hood good for the common people illegal credit advice I got from some onetime… Just figured I would share that here.

  11. Kevin S. on April 27, 2021 at 11:47 pm

    United States, the ‘Best Country in the World, The Country of Freedom’ never ceases to amaze me. It does everything it can to screw their citizens left and right.

  12. Justin West on April 27, 2021 at 11:48 pm

    Mary’s husband failed to get isekaied by truck-kun

  13. I LOVE GOD AND JESUS JOHN 3:16 REVELATION 21:4 on April 27, 2021 at 11:50 pm

    1 John 1:9
    If we confess our sins, he is faithful and just to forgive us our sins, and to cleanse us from all unrighteousness.

  14. By dawn's early light on April 27, 2021 at 11:52 pm

    Well for the haters out there, until your news outlets start criticizing your own, you got nothing to say. Biden wasn’t the best choice, but he was better than that weasel trump…

  15. guy sumpthin on April 27, 2021 at 11:54 pm

    Add to that : people who think its fashionable to offer more than asking price for a (already overpriced) home , and brag to their friends about it : "oooooh you’re so baller with that borrowed money" (moron)

  16. Ask to seduce Miss on April 27, 2021 at 11:55 pm

    He hurried out of the outro like me telling my parents I’m staying over at my friends house lol

  17. Ethan S on April 27, 2021 at 11:57 pm

    This is gigantic fallacy after gigantic fallacy. You fail to mention why chapter 13 doesn’t work. People who file them simply can’t even pay the fractional payments. I have zero sympathy for people who make stupid financial decisions.

  18. Regina Rajendran on April 27, 2021 at 11:57 pm

    In my country, Malaysia, bankruptcy is not a fresh start. You end up losing many of your rights… You are no longer allowed to own a business/be a director in a company. Getting loans is also unlikely.

  19. johnnystir on April 27, 2021 at 11:59 pm

    20:42 two of my favorite YouTube Channels intersect! James Blackwood’s channel is fantastic.

  20. Penelope Elsie on April 28, 2021 at 12:00 am

    This video was very interesting! If it wasn’t with the help of Mrs. Emilia Green who knows how I would have understood trading crypto. she helped manage my assets by putting me on the right platform

  21. fireinacan on April 28, 2021 at 12:01 am

    I fear for the hotdog man’s safety if he ever has the misfortune to run out of cylindrical meat.

  22. ldramjet on April 28, 2021 at 12:05 am

    He missed one thing: While Congress was busy figuring out how best to take away our entitled right to declare bankruptcy, the Terri Schiavo conflict was put in our faces, distracting all of us from what what our Congress and credit card companies were doing together. Bankruptcy lawyers were filing hundreds and thousands of cases in order to have them heard under the rules of the existing law knowing things were going to get bad. The day before the new law went into effect, mounds of cases were filed. Now, if you own a house you cannot file bankruptcy, or have any money at all – etc. Credit cards will not be written off and it is now so difficult to qualify to file, that people are stuck with abuse from bill collectors, having property taken away that was not allowed to be taken under the original law, etc. This has been a travesty pushed onto us – without our consent and mostly without our knowledge thanks to Terry Schiavo’s face being all over the place. Thank you John Oliver for bringing this out – wish you were here when they were f’ing us over!!

    https://en.m.wikipedia.org/wiki/Terri_Schiavo_case

  23. Shawnlize Leatherdale on April 28, 2021 at 12:05 am

    Let it go to collections, ignore them for a few years, offer pennies on the dollar, and voila, paid off, no bankruptcy

  24. Tex on April 28, 2021 at 12:08 am

    Damn, no offense big John, but you suck now

  25. Justin Key on April 28, 2021 at 12:11 am

    Continuing our tradition of government of the people by the corporations for the corporations.

  26. Liberty Springs on April 28, 2021 at 12:11 am

    Anyone starting college at this point should know not to use student loans

  27. Holzkohlen on April 28, 2021 at 12:12 am

    "once in a century global pandemic" Ohhh boy, this isn’t gonna age very well. See you in 10-20 years or so.

  28. Senthil Kumar N on April 28, 2021 at 12:12 am

    Ha ha ha.. Very true.,

  29. A Breathing Coffin on April 28, 2021 at 12:14 am

    Seeking a job that pays more is the default Politician/Talking Head advice to the poor, ala Ben Shapiro, Joe Biden.

  30. Taylor Reeves on April 28, 2021 at 12:14 am

    Anyone else unable to turn on notifications for this channel?

  31. SpeedTopia on April 28, 2021 at 12:14 am

    and i actually subscribe to the channel of the guy feeding racoons hot dogs…LOL…great channel by the way, especially if you are an animal lover ❤

  32. X Hawkeye on April 28, 2021 at 12:15 am

    Who here was recommended this from a Secular Talk video?

  33. sammysignal on April 28, 2021 at 12:16 am

    "When things are designed to become harder for everyone, for the rich they just become a bit more expensive, and for the poor they become basically impossible".

  34. fouoii gyhh on April 28, 2021 at 12:17 am

    "I’m happy that LastWeekTonight still has things to cover" is the single most bittersweet statement I have ever uttered.

  35. Samoht Sirood on April 28, 2021 at 12:17 am

    Just don’t ever go to school cuz you can’t get rid of student debt start companies in Delaware the first state where you have immunity from disclosing who owns the company and run the company’s build them up build credit then eventually run them into the ground and bankrupt them will not affect your personal credit and free money, Merica!!!

  36. Cloak on April 28, 2021 at 12:18 am

    "I declare bankruptcy"

  37. NobleWolf on April 28, 2021 at 12:21 am

    I seriously hope people learn not to trust scammers

  38. asldkfjasldkfj on April 28, 2021 at 12:23 am

    Oliver is a corporate tool

  39. JLH0133 on April 28, 2021 at 12:24 am

    I don’t know much about college tuition; I come from a country with free education. However, now that you have the system that you have with student loans and so on, wouldn’t you prefer a system where people can’t erase their debt by declaring bankruptcy right after graduating, right?

    Or did I misunderstand something?

  40. Samoht Sirood on April 28, 2021 at 12:24 am

    Kevin O’Leary’s biggest thing that he does is be a hypocrite…

  41. Ashley Joyner on April 28, 2021 at 12:24 am

    I really liked that credit counseling video at the end!

  42. David Campos on April 28, 2021 at 12:24 am

    How soft you became in just a few months. Suddenly there is no pandemic, no migration crises, no political issues. How biased you are was always pretty obvious for anyone to see, but you keep surprising us 😄

  43. Hannah Razel on April 28, 2021 at 12:25 am

    Now I believe God won’t come down to save us an angle will be sent….I’m so fortunate to meet my God sent angels @joehackBTC on telegram…after long time hardship he got me 3btc 🙏🙏

  44. Umbryth on April 28, 2021 at 12:26 am

    That man is chanting “YES! YES! YES!” With the confidence of someone who knows what they are doing is causing a demon to be summoned, and is happy it’s going so well.

  45. rezkalla on April 28, 2021 at 12:27 am

    Passed by George W Bush.

  46. ThePilgrimGeek on April 28, 2021 at 12:28 am

    Hey, John. Can you take turn at David Ramsey?

  47. FlamingAtheist on April 28, 2021 at 12:29 am

    America be like: "Here’s a system we put in place to help you"
    People use said system in any way like it was intended
    America: "no wait you weren’t suppose to actually use that, here lets make it harder for you to use that rather than work on what brought you to it"

  48. PushingFoward28 on April 28, 2021 at 12:31 am

    Not being able to cancel our student loan debts through bankruptcy is such an american move. Good thing POTUS will fix this issue 😒

  49. Rehan Vastani on April 28, 2021 at 12:32 am

    OH MY GOSH YOU FEATURED THE RACOON WHISPERER!?! Some of the most wholesome content out there. https://www.youtube.com/c/JamesBlackwoodRaccoonWhisperer/featured

  50. Alex Arthurs on April 28, 2021 at 12:32 am

    17:45 damn Biden used to able to talk so much more coherently

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