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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Lazarus_Long who wrote (29953)2/26/2008 3:01:30 PM
From: elmatador  Read Replies (2) | Respond to of 217768
 
This Rotten Heart of Europe. massive fraud haunts the EU and its leading nation. thetrumpet.com

There will be more and more of the 'fine people' coming out as rotten.



To: Lazarus_Long who wrote (29953)2/26/2008 8:27:34 PM
From: Ilaine  Read Replies (1) | Respond to of 217768
 
Is this why the loan can still be sold?

In a word, yes.

But to be fair it's not just stupidity or weakness. Some people feel really bad about discharging debts in bankruptcy. After all, they are breaking an oath.

People file bankruptcy because they don't see any way out, but a significant percentage feel bad about it, and want to make good on their promises.