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Old 30th Jul 2020, 08:46
  #51 (permalink)  
Australopithecus
 
Join Date: Dec 2013
Location: Weltschmerz-By-The-Sea, Queensland, Australia
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Originally Posted by neville_nobody
It doesn't work like that. They will garnish a percentage of your wages until you die. You then have to get clever with how you earn money and how you hold assets if you wish to avoid paying your debts.
No, they don’t. Bankruptcy cancels all debts and after three years the bankrupt is discharged with a clean slate. If you do it enough times you can be President of some third world countries.
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