Striker@lemmy.worldM to Lemmy Shitpost@lemmy.world · 1 year agoCrypto geniuslemmy.worldimagemessage-square35fedilinkarrow-up1522arrow-down120
arrow-up1502arrow-down1imageCrypto geniuslemmy.worldStriker@lemmy.worldM to Lemmy Shitpost@lemmy.world · 1 year agomessage-square35fedilink
minus-squareSotuanduso@lemm.eelinkfedilinkEnglisharrow-up10·edit-21 year 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-up4·1 year 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.