rich1.0mike wrotemike (npub1aq…c237n)https://yabu.me/npub1aqakd28d95muqlg6h6nwrvqq5925n354prayckr424k49vzjds4s0c237nnjumphttps://yabu.meThe cost of a penny of debt is a contract that has the same legal enforcement as a debt of $1M.
That is the point I am making here.
If you actually borrow $1 from your mate, he is not going to take you to court to recover it, neither is a firm going to spend a lot of effort recovering a few hundred dollars of debt.
But they could if they choose and they could force you into bankruptcy if you are unable to pay.