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Using Your 401k to Pay Debt? Attorneys React | The Bankruptcy Files

Published on: 24th May, 2026

South Carolina attorney host, Lauren Clark, and Texas attorney Theda Page break down exactly how filing bankruptcy can save you money, protect your retirement, and help you start building real wealth.

In this episode, Lauren runs a live credit card interest calculator to show what $20,000 in credit card debt actually costs over time. The numbers are eye-opening.

Lauren and Theda also cover some of the most costly mistakes you can make

TODAY'S GUEST: ATTORNEY THEYDA PAGE

Theda W. Page practices at The Page Law Firm in Frisco, Texas, serving Collin and Denton Counties in the Eastern District of Texas.

CONTACT THE PAGE LAW FIRM:

1125 Legacy Drive, Suite 320

Frisco, TX 75034

Phone: 214-618-2101

Website: https://www.pagelawfirm.com/

HOST LAUREN CLARK

Lauren Clark practices bankruptcy law in South Carolina at The Law Office of Lauren Clark.

If you are in South Carolina, call or the The Law Office of Lauren Clark, LLC at

Phone: (803) 386-8868

Website: www.laurenclarklaw.com

DISCLAIMER:

The Bankruptcy Files podcast is for entertainment purposes only. Nothing in this podcast constitutes legal advice, and listening to this podcast does not create an attorney-client relationship. The views expressed are those of the individual hosts and guests and do not represent any law firm. This podcast is not affiliated with any law firm, or is it a debt relief agency. Every legal situation is unique. Please consult a licensed bankruptcy attorney in your area for advice specific to your circumstances.

#BankruptcyFiles #BankruptcyAttorney #DebtRelief #PersonalFinance #Chapter13 #CreditCardDebt #BankruptcyIsBeautiful

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About the Podcast

The Bankruptcy Files
The Bankruptcy Files is a smart, compassionate podcast about debt, money, and second chances—hosted by South Carolina attorney Lauren Clark. Each episode breaks down what bankruptcy really looks like, busts common myths, and explains the process in plain English so people can feel informed instead of ashamed. Lauren explores the topics that matter most: what to expect, what’s true (and what isn’t), and why bankruptcy is a fresh start—not a failure. Episodes include attorney interviews, reactions to public Reddit posts and online questions, real-world scenarios, and conversations about how bankruptcy and debt appear in pop culture—from celebrity filings to reality TV. The Bankruptcy Files is for anyone who feels overwhelmed by debt, curious about bankruptcy, or simply wants to understand how the system actually works—without judgment or jargon. For educational and empowerment purposes only. Not legal advice.

About your host

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Lauren Clark