Edd Byrnes tries to get an ethnic-music-studies grant to buy instruments for his rock and roll group.

Returning Vietnam veteran Andy Crocker arrives in his small hometown to discover his best friend and business partner has mismanaged their business into bankruptcy and his high school sweetheart has married another man. It is evident his small town has little to offer him except the hard-working life of his father, while the broader world has limited opportunities for a man who left school after the third grade.

The Debtors is a comedy about a group of people with various addictions who meet up at the tables in Las Vegas.