Severe Financial Crisis Due to Delinquent Investments

Since late September of last year, I have been grappling with a financial crisis that's nothing short of epic for a person with my income history. From last May through July, I was able to create, with the help of a business specializing in this, a total line of credit on business credit cards in excess of $145,000. Most of the cards had a 0% interest rate through July 2024. I had my choice to use this for my own business purposes, or to invest in one or more of approximately 20 companies with which they had an affiliation. I opted to invest in two of the affiliated companies because dividends are real money, not credit that has to be paid back, eventually with interest.

I signed contracts with these companies. One of them promised the first dividend of $4,000 within 60 days. Furthermore, the contract said if they went 90 days without a payment, they would be in default by their own terms and also liable for any legal expenses. The second company guaranteed a full payback on investment within two years, with a 50-50 revenue split thereafter, but verbally promised several times that I would almost certainly be making money after 5 months.

As of late March 2024, I have not received a single red cent from either company. I am now in debt to the tune of $120,000. Furthermore, interest on most of the cards begins in July.

This is a dilemma I cannot get out of without serious help. I have set up a support page on GiveSendGo with more details. In addition to outright contributions, there are several options from buying out my investments in these firms, to financing my enrollment in proven investment or contracting programs averaging an income of $75K a year or more. That income level I consider a bare minimum for any hope of getting out of this mess.

Right now, I am at the point where without assistance, I have to chose between paying my mobile home park fee and paying the monthly minimum on the card with the highest balance. Not both.

Please visit my support page at givesendgo.com/jeffs_bad_investments. If you are part of the business or investing community please spread the word about this campaign. Thank you.