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A lender that does not have to follow any bankruptcy laws because they can use other, sometimes more extreme, collection methods. Also people that can use the threat of extreme collection to coerce other political leaders into doing favors for the lender.
I agree with his business acumen, I object with the government providing such.
Personally, I would like us to go back to debt being a personal subjugation to the debtor. You want to run up debt? Fine, you are now indentured to the lender and must pay off the debt as they see such need.
What? Don't like that? Don't get into debt, don't support government who fosters such, fight... be free, support individual liberty.. or... well.. shut up and be a slave.
I agree with his business acumen, I object with the government providing such.
Personally, I would like us to go back to debt being a personal subjugation to the debtor. You want to run up debt? Fine, you are now indentured to the lender and must pay off the debt as they see such need.
What? Don't like that? Don't get into debt, don't support government who fosters such, fight... be free, support individual liberty.. or... well.. shut up and be a slave.
I agree that some level of business acumen relies on knowing when to cut your losses.
As to personal debt and obligations - even the most diligent often face unforeseen circumstances that lead to the inability to pay off creditors (one way or another). I'm glad that bankruptcy is an option for those who are in such dire circumstances.
I agree that some level of business acumen relies on knowing when to cut your losses.
As to personal debt and obligations - even the most diligent often face unforeseen circumstances that lead to the inability to pay off creditors (one way or another). I'm glad that bankruptcy is an option for those who are in such dire circumstances.
I'm glad it's an option too for people/families who are drowning in medical debts, but dire Trump.
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