When DL’s and Deborah’s business crashed with the housing market, they were millions in debt, and forced to declare bankruptcy. Despite circumstances, they found hope and a way out. Find out what they did that helped them restore their finances.
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BEFORE 2009, DL AND DEBORAH
LIVED LARGE.
DEBORAH WAS A REAL ESTATE AGE
AND DL HAD A BODY SHOP.
STAYING HOME WITH THE CHILDREN.
I WAS ABOUT NEXT DEAL.
AND DEBORAH'S DEALS PAID OFF.
AND BOUGHT TWO PROPERTIES TO
SELL THOSE.
REAL ESTATE OF BOOMING.
BANKS WERE HANDING OUT MONEY
LEFT AND RIGHT.
AND AS THEY GREW, SO DID
THEIR HOMES.
WE BECAME CONSUMED WHAT WE
NEEDED TO BE HAPPY.
IT WAS BASICALLY STUFF.
IN 2009 THE MARKET CRASHES
AND THEIR BUSINESSES DRIED UP
OVER NIGHT.
ALL THE BUILDERS WE WORKED
WITH QUIT OR BANKRUPT OR BOTH.
IT WAS LIKE ONE DAY IT WAS FINE
AND THE NEXT DAY IT DIED.
THEY WERE BURIED IN DEBT.
THREE OR FOUR OR FIVE MILLION
DOLLAR S WE WERE IN DEBT.
CAUSED A FEAR, ALMOST A
PANIC.
THEY TRIED TO PAY THEIR
BILLS, DEBORAH CHANGED HER REAL
ESTATE APPROACH AND DL HAD TO
WORK ON THE PORT.
DECLARED A LOSS AND THEN
DECLARED BANKRUPTCY.
WHEN THEY MOVED INTO A 1,000
SQUARE FOOT HOME.
THEY FELT DEFEATED.
OUR MARRIAGE WAS IN A
SHAMBLES.
WE PUT GOD ON THE BACK BURNER.
THAT'S WHEN WE KNEW WE HAD NO
PEACE IN OUR HOME.
THAT'S WHEN WE FOCUSED ON
GOD.
WE MADE A COMMITMENT TO EACH
OTHER AND GOD, THAT WE WOULD
FOLLOW HIM NO MATTER WHAT.
DL AND DEBORAH DID AGREE ON
ONE THING, TO KEEP ON TITHING
DESPITE THEIR DIFFICULTIES.
THEY BEGAN TO WATCH THE "700
CLUB" AND BECAME PARTNERS.
THERE WERE SO MANY STORIES ON
THERE THAT GAVE ME HOPE.
THAT PEOPLE HAD GONE THROUGH THE
SAME EXPERIENCES WE HAD GONE
THROUGH.
IT ENCOURAGED US.
WITH THEIR NEW FOCUS AMAZING
THINGS HAPPENED IN THAT HOME.
IT HEALED US.
MOVING TO A SMALLER HOME AND
HAVING LESS PRESSURE ENABLED US
TO APPRECIATE THE REAL THINGS.
THE IMPORTANT THINGS IN LIFE.
DEBORAH'S BUSINESS EVENTUALLY
STARTED TO REBOUND.
THE ITHIN TWO YEARS OF
BANKRUPTCY, THEY BOUGHT A LARGER
HOME.
TODAY THEY REMAIN FOCUSED ON
GOD.
GOD HAD DOUBLE-DOGGED DARED
ME TO TRY THIS ONE AND SEE IF I
DON'T POUR YOU OUT A BLESSING.
OUR FINANCES HAVE BEEN
RESTORED AND I BELIEVE IT'S
BECAUSE WE CONTINUED TO TITHE
AND PUTTING GOD FIRST.