[Huntress]

IMHO, she should have used the $1 million she won to pay her creditors.

[Dan(9698)]

I bet the creditors can get access to the $1 million.

Prize winnings are not exempt.

[unixfox]

Just ask for a bailout. Hell, everybody is doing it these days.

[tiki]

I agree, she already owes them. It would have been nice to give to charity it is an obligation to pay one’s debts.

[buccaneer81]

IMHO, she should have used the $1 million she won to pay her creditors.

Not defending her, but after taxes, she probably was left with 600k at most, and the family looked at the overall picture and realized they were screwed, due to their own irresponsibility.

[blam]

Kathy Cox

[RichInOC]

“Hi, I’m Kathy Cox, and although I may have won a million dollars on the show, I am not smarter than a fifth grader.”

[Clintonfatigued]

Wow, that’s just sad.

[utherdoul]

reminds me of an idiot I work with. He’s got about a thousand dollars in medical bills and he wants advice on investing in the stock market ... unbelivable.

[TFMcGuire]

I believe the 1 million went to a charity.

[Toki]

My Mom’s friends was talking about this on how she won this on are you smarter than a fifth grader last week. Said she was the only one to win a million dollars on there (and quite proudly too, but she’s a retired teacher, but a conservative also)

[eggman]

The Coxes had 11 credit cards with balances ranging from as little as $400 to Shell or as much as $19,500 on a VISA and more than $54,000 on an American Express Costco Business Card. It was not clear which cards carried debt for John Cox’s business and which ones were for personal expenses.

The filing shows a $2,357 unsecured claim for 2008 Fayette County property taxes. It also shows the Coxes owe more than $33,000 on two car loans for a 2008 Ford F-150 and a 2008 Ford Edge.

In for a penny, in for $3.5 million. She may be smarter than a fifth grader but she doesn't have a clue how to manage money. They have 2 new vehicles purchased after her husband's business was already in trouble. They ran up credit cards balances, their house is mortgaged to the hilt, and they are behind on the taxes. They undoubtedly knew they were in a hole at least a year ago but kept on digging faster.

The creditors will stop the $1 million donation check now that they filed for bankruptcy.

[Porterville]

In this environment, pay your debts, however you can, pay them off as fast and as furious as you can.