• salacious_coaster@infosec.pubBanned
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    4 months ago

    I mean. Yeah, I expect debtor’s prisons to be a feature of the Trump admin soon. Not gonna talk anyone out of stiffing megacorp creditors here at the end of the world, but I would factor debt prison into my planning

  • krunklom@lemmy.zip
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    4 months ago

    If you took out a massive loan and moved to another country with no extradition treaty could they get it back? Assuming you moved it to a Swiss bank account or something.

    I’d never. But there’s gotta be a reason people don’t do this right?

    • Godort@lemmy.ca
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      4 months ago

      The reason is that they won’t give you a massive loan without collateral showing that you have the means to pay it back.