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I have no idea what the implications of bankruptcy are in the US, but it sounds like you are alluding to something serious - aside from no credit, what would Ma
by GordonS 7y ago
I have no idea what the implications of bankruptcy are in the US, but it sounds like you are alluding to something serious - aside from no credit, what would Manning face in this scenario?
- SlowRobotAhead 7y agoNo, you are entirely misreading that. You don’t just get everything reset to zero. So bad credit, yes, but also maybe a condition is that you are still on the hook for legal fees but they have been worked down to 50,000 and the payments have been rescheduled to 20 years. It’s a legal process, not an eraser.