Depending on the bankruptcy, you actually can.You can’t keep the car or your house if you file bankruptcy. They add your past due payments on to the original loan. Or you give up the car or house.
Bottom line, forgiving peoples debts just puts the burden on others.
Somebody has to pay, nothing is free except your love or hatred. Love is the better of the two.
Just out of curiosity what do you do for a living? Do you get paid doing it? If someone borrows money from you, do you expect them to pay it back? Or do you forgive the loan.
If you file chapter 7 and cannot pay your house, that debt 100% is not paid by anyone else. The next buyer on the house doesn’t pay for it, nor does the next loan applicant at the bank. The burden is on the lender. You know the banks that charge you all kinds of fees if you’re late or whatever. That’s whose money your worried about??? The ones charging you if you don’t have enough debit transactions or not enough balance in your savings??? That’s who you’re sticking up for?
Yes I work and get paid for it. I would only loan someone money if I could afford to lose that amount of money. Why would I loan someone more than I could afford to be without?
I am not paying back Skylar’s forgiven loans and neither are you. Not sure why you would take something so personally, when you’re just looking like a bootlicker for giant banks.