TheReanuKeeves@lemmy.world to

No Stupid Questions@lemmy.world · 7 days ago

What would happen if you maxed out your credit cards and line of credit then fled to some village in the phillipines?

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What would happen if you maxed out your credit cards and line of credit then fled to some village in the phillipines?

TheReanuKeeves@lemmy.world to

No Stupid Questions@lemmy.world · 7 days ago

For the record, I have no intention of doing this, just wondering why I don’t hear about it more often.

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IronBird@lemmy.world
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8 days ago
depends on the type of debt, but yeah alot of they’re basically boned if they got nothing to collect. they just write it off from gains elsewhete

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