> none of those things are being torn away from people due to market forces. You can end up owing money without the ability to repay fairly easily due to to ma

> none of those things are being torn away from people due to market forces. You can end up owing money without the ability to repay fairly easily due to to market forces. If you have a judgement against you, in other words a court has determined that you owe somebody money, they can seize your property and auction it off to settle the debt. Cars, laptops, anything worth $$$ is a target. Life can suck. You can't legislate the "suck" away. You can, however, smooth out the bumps. In the scenario above, bankruptcy is a legal construct to smooth out the bumps. Unlike bankruptcy, rent control makes the bumps worse. That really sucks.