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Unsecured loans are everywhere, the fact that there are no assets to seize after the fact is poor justification for lack of a bankruptcy discharge. If your log
by throwaway2048 7y ago
Unsecured loans are everywhere, the fact that there are no assets to seize after the fact is poor justification for lack of a bankruptcy discharge.
If your logic followed, credit card debt would also be impossible to discharge.
- ip26 7y agoFor 18 year olds with no income or credit history, credit card debt is also frequently 25% APR & the line of credit capped at a few hundred dollars.