In need of better and faster income, Carmine compromises his principles and becomes a debt collector for a local loan shark. The girls find out and do all possible to save him and return him to his lovable self.

Laverne sees Shirley is missing, Lenny and Squiggy attempt a rescue, and no bald man on the train is above suspicion. Laverne realizes she needs to 'out' the villain and confront him. Will Laverne, Shirley, Lenny, and Squiggy survive?