Sounds like they’re probably going to go nuts with imprisoning debtors, probably both citizens and immigrants, as well as the mentally ill, and use them as forced labor.
Debt is (basically almost always) not transferrable 😊.
Like unless your parents are in debt and have an estate and leave you that estate can you really be in a situation where someone’s debt becomes your problem.
If you cosign a loan, you’re literally taking on the responsibility of that debt every bit as much as the person actually getting the money. Not really the same thing. Also if you marry someone who already has debt before you guys married, in most states that debt does not become your responsibility after marriage.
Yeah, wtf?
Unless it’ll be used against any family members still here?
Sounds like they’re probably going to go nuts with imprisoning debtors, probably both citizens and immigrants, as well as the mentally ill, and use them as forced labor.
Background on de facto debtors prisons https://www.themarshallproject.org/2015/02/24/debtors-prisons-then-and-now-faq
Background on “wellness farms” proposed by RFK Jr https://www.msn.com/en-us/politics/government/fact-check-yes-rfk-jr-proposed-sending-people-with-drug-problems-to-wellness-farms/ar-AA1usVuj
Debt is (basically almost always) not transferrable 😊.
Like unless your parents are in debt and have an estate and leave you that estate can you really be in a situation where someone’s debt becomes your problem.
Cosigning loans and the person defaulting or marriage to someone who is in debt
If you cosign a loan, you’re literally taking on the responsibility of that debt every bit as much as the person actually getting the money. Not really the same thing. Also if you marry someone who already has debt before you guys married, in most states that debt does not become your responsibility after marriage.
Correct. My ex had student loan debt before we got married, and she tried to get me to “help” her with it during our divorce. I’m glad I didn’t.