A new study suggests that distressed borrowers using a simpler bankruptcy process are succeeding — and that more people like them should try.

The process which enables this was introduced during the Biden administration.

  • TubularTittyFrog@lemmy.world
    link
    fedilink
    arrow-up
    1
    arrow-down
    1
    ·
    edit-2
    16 hours ago

    people like you aren’t supposed to exist. you are supposed to die after a lifetime of barely getting by.

    that is what the rich want. they dont’ want you to be ‘mobile’. they offends their world order wherein there are the only deserving ones.

    • Ensign_Crab@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      9 hours ago

      that is what the rich want.

      Your comments in this thread indicate that it’s what you want as well.

        • Ensign_Crab@lemmy.world
          link
          fedilink
          English
          arrow-up
          1
          ·
          3 hours ago

          I think that people whose reaction to debt being dischargeable by bankruptcy is republican talking points are republicans.

          • TubularTittyFrog@lemmy.world
            link
            fedilink
            arrow-up
            1
            ·
            edit-2
            1 minute ago

            and republicans are always wrong and bad right? and democrats are what… always good and right?

            you realize economics doesn’t care about your political affiliation?

            debts don’t magically go away. someone has to pay the piper. you are just saying you’d rather pay it off via your taxes and increased interest rates, than have the debt holders pay it off. you are simple shifting the burden from the individual debt holder to everyone else. I’m glad you are willing to pay off other people’s debts for them, but many people don’t agree with that mentality and that doesn’t make them bad people or republicans.

            I’m a socialist democrat myself. but i still believe in personal responsibility.