Bankruptcy and Restructuring are in place for people that make tremendously bad ... | Hacker News

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		Damogran6 on April 20, 2022 \| parent \| context \| favorite \| on: U.S. forgives 40k student loans Bankruptcy and Restructuring are in place for people that make tremendously bad financial decisions... ...Except for College loans, which are expressly excluded.

sgjohnson on April 20, 2022 [–]

They don’t even have to be tremendously bad financial bad decisions.

Tremendously bad change in circumstances is also enough to push someone into bankruptcy.

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