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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (82317)	7/14/2000 9:09:06 AM
From: Mike M2	Read Replies (1) \| Respond to of 132070

Tommasso, if you want to rip people off go public! HO HO HO Mike

To: Tommaso who wrote (82317)	7/14/2000 9:17:04 AM
From: Mama Bear	Respond to of 132070

Tommaso, you asked what the worst thing that could happen would be, not the most likely. I think the most likely thing is that the debt would be turned over to a collection agency, and a civil judgement for the money entered, which would be dischargeable in bk (at least under current law). Of course this would ruin the credit rating of the person for 7 years from the last activity, or 10 in the case of BK. What you described is criminal fraud no matter the end result. "How about if a person gave all their assets to charity, ran up enormous credit card debts, and then died? " Hmm, a deadbeat philanthropist, that's quite a concept. I have no clue what would happen here. I suppose if the estate were penniless the cc company would have no choice but to write it off. Regards, Barb