Quote:
Originally Posted by SageTree
Still sounds like you're scamming the gov't.
I'm glad though because it sounds like it's made you happy. Hope that all goes well for you and nothing comes back and bites your ass.
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I used to think that BK was cheating the creditors, but you have to bear in mind that these people are looking for every angle to get you into debt to them and keep you there. It's no coincidence that most of us pay our credit card bills every month, yet the balances never seem to change. It's no coincidence that home loans are set up so that you don't even touch the principle of the loan for years. And the reality of the fact is, the money they've lent you is the same money they lent to 10 other people, thanks to fractional reserve banking laws, and doesn't really represent the property of anyone.
Lending is the most lucrative business on the planet. Think about it. Why is it that all the people who do the work, create all the goods and services, are all in hock to the bank, which does nothing but take deposits and make loans? The whole system is set up to fuck people over, risk free, with money that they create thru rules that apply to no other business.
If you fuck them back, it's no sin. Refuse to pay back a buddy, that's something else. However, the banks are fair game.
/rant
The Rev