They don't want you to know this, but bankruptcy is free. I have 143 unpaid credit card bills.
Seriously though a lot of young people will just go "fuck it, I'm not buying a house anytime in the next 10 years, might as well run up the CC bill and do Chapter 7". The entire threat is based on a number that is largely meaningless to people outside of mortgage applications.
InceptionState
npub1ts…sc657
2023-08-02 16:23:47 UTC
in reply to nevent1q…avhl
Author Public Key
npub1tsyrh0nmfjm6hvpeydxelfch9uzxaxfekdl3yq88g6v0vnqhgm4qysc657Published at
2023-08-02 16:23:47 UTCEvent JSON
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