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TRYNEIN

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the_shootist

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Don't want the debt?... don't sign the paper. If you sign the paper it's your debt, not mine!!! It's a matter of principle, is it not?
 

Fatrat

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Don't want the debt?... don't sign the paper. If you sign the paper it's your debt, not mine!!! It's a matter of principle, is it not?
So, no bankruptcy whatsoever for anyone?
 

Joe King

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I know right, who do these people think they are Bankers? Auto manufacturers? Can we foreclose on their degrees?
Yea, if we add a lobotomy clause to the loan agreements.

Can't pay for the knowledge you promised you would pay for? There's a cure for that. Snip snip.


So, no bankruptcy whatsoever for anyone?
imho, there should be no bankruptcy that allows anyone to walk away from the responsibility they willfully signed up for. Restructuring would be ok, but ya still gotta pay what was agreed to.
 

the_shootist

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So, no bankruptcy whatsoever for anyone?
who said anything about bankruptcy? I've paid off every debt I've ever signed up for. I have never taken on more debt than I could comfortably repay, no matter how much a bank or lending institution was offering to lend me. That's called personal responsibility. It's been my impression during the 50+ years of learning how to handle my personal finances that most people who manage their finances responsibly, those who won't borrow what they can't comfortably pay back, don't ever need to worry about bankruptcy.
 

MrLucky

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Can't see this 'cancel student debt' ever getting any real traction. Ok, so maybe the gobermint can forgive debt, but I doubt the private industry wants to give up their loans.
 

Joe King

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It's been my impression during the 50+ years of learning how to handle my personal finances that most people who manage their finances responsibly, those who won't borrow what they can't comfortably pay back, don't ever need to worry about bankruptcy.
Yea, but my take on his post was of people using bankruptcy as a calculated way to get out of debt they simply regret having gotten into, not that they can't necessarily repay it.
 

Fatrat

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who said anything about bankruptcy? I've paid off every debt I've ever signed up for. I have never taken on more debt than I could comfortably repay, no matter how much a bank or lending institution was offering to lend me. That's called personal responsibility. It's been my impression during the 50+ years of learning how to handle my personal finances that most people who manage their finances responsibly, those who won't borrow what they can't comfortably pay back, don't ever need to worry about bankruptcy.
I'm not talking about you or me, but how about Studebaker and American Motors Corporation, should they have been allowed to go bankrupt?. Do we bring back Debtors Prisons for people? Can a person or business fail? Ever? Medical debt?
 

Uglytruth

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Taxpayers get stuck paying the bills so the newly debt free can go back in debt buying 50K cars & 500K houses.

:ponder:I think I know how that will end........................ Banksters getting paid coming & going.
 

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TRYNEIN

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TRYNEIN

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TRYNEIN

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TRYNEIN

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TRYNEIN

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arminius

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TRYNEIN

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TRYNEIN

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TRYNEIN

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