Comment on take out a huge loan

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WhyIAughta@lemmy.world ⁨1⁩ ⁨day⁩ ago

He did go down that path but he wasn’t fully out of depression by then, as part of it he needed to make some monthly payments to the lawyer as I recall, and because he was still on the fence of offing himself he didn’t keep up with it, and once it’s filed and not followed up with, it’s harder for it to get approved in the future, so he kind of fucked himself.

Also half of the loans were government Covid aid that he applied for even though he wasn’t eligible, he applied to everything and they sent him a lot of money because at that point in the pandemic the government was writing blank cheques that they would just follow up with and scrutinize later.

All of that government money is not eligible to be taken care of through bankruptcy, so he would still owe half of the debt regardless.

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