Some Doomsday preppers spend extraordinary amounts of money preparing for the end of the world.
One man in Australia spent over $350,000 on a plot of land to build a house and bunker 1,500 feet above sea level, a pickup truck to get his family safely to the spot, food, water and survival gear. In order to do this, he had to take a second mortgage out on his home.
If the world does not come to an end, all the money people are spending on the preparations for such a disaster could lead to a lot of debt and potential bankruptcies.
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Written by Mike Stetzer on Thursday, December 20th, 2012 at 2:08 pm and is filed under Bankruptcy News and Events. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.