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Remember, if you can sell it, then a debt collector can force you to sell it. I'd much rather say "People can't sell their organs" than have a future where debt
by Suzuran 3y ago
Remember, if you can sell it, then a debt collector can force you to sell it. I'd much rather say "People can't sell their organs" than have a future where debt collectors manipulate people into parting out their bodies.
- nyssos 3y ago> Remember, if you can sell it, then a debt collector can force you to sell it. This is not true at all. Debt collectors acting on their own can't take anything. A court can force you to sell certain things if you lose a lawsuit, but many assets are protected. They can't seize your 401k, in most states they can't take your primary residence unless the debt was taken on to purchase it in the first place, they can't garnish more than 25% of your income (and in some states can't garnish anything for consumer debt), they can't take social security income, and so on.