In my country it's fairly easy; you can not default on debts, they are for life. If you don't pay, debt goes to a specific government ministry that picks you c

In my country it's fairly easy; you can not default on debts, they are for life. If you don't pay, debt goes to a specific government ministry that picks you clean (property, assets, accounts) until debt is paid off, leaving you with nothing more than enough to eat and pay rent every month (for a tiny apt). Every time you try to take a loan or buy something on a payment plan, the seller will check with the ministry if you are registered there. You can't get anything unless paid upfront in full, no cellphone subscription, no credit cards. Once debts are paid off, you are still in the registry for 3 years (unless you rack up more debts).