Striker@lemmy.worldM to Lemmy Shitpost@lemmy.world · 2 years agoCrypto geniuslemmy.worldimagemessage-square35fedilinkarrow-up1522arrow-down120
arrow-up1502arrow-down1imageCrypto geniuslemmy.worldStriker@lemmy.worldM to Lemmy Shitpost@lemmy.world · 2 years agomessage-square35fedilink
minus-squareSotuanduso@lemm.eelinkfedilinkEnglisharrow-up10·edit-22 years agoWell, not exactly. The debt is still there, they just can’t force you to pay it. Exceptions apply, like student loans, and they can probably still claim property in the case of bankruptcy or inheritance. Also your credit score is going to tank hard.
minus-squareericbomb@lemmy.worldlinkfedilinkarrow-up4·2 years agoAfter 7 years it falls off your report, so if he’s in jail for 7 years he’ll have an empty credit score at the end.
Well, not exactly. The debt is still there, they just can’t force you to pay it. Exceptions apply, like student loans, and they can probably still claim property in the case of bankruptcy or inheritance.
Also your credit score is going to tank hard.
After 7 years it falls off your report, so if he’s in jail for 7 years he’ll have an empty credit score at the end.