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<p>[QUOTE="Rono, post: 1361321, member: 6492"](cont)</p><p><br /></p><p>Sorry, these old fingers.</p><p><br /></p><p>As for debt and this excusing this debt or that debt. I'm sorry, but this is an extremely vestered wound with me. Not from a personal perspective, mind you, but just a humanitarian point of view. </p><p><br /></p><p>There are some debts that can be reduced or forgiven, if deemed so by a bankruptcy judge. However, there are others that are not able to be altered. Mortgages and student loans come to mind. Back during the negotiations to deal with the mortgage meltdown, the ability to 'cram down' mortgages almost made it through but was bought out by the banks. Student loans. Come on. Do you want to invest in the future or not? And mind you I'm not saying to forgive all debts. You borrow it, you pay it back. However, there are circumstances where it all becomes relative and when judges need to decide. [note that sgt o says the occupiers should fight to erase all student debt and settle for crammed down via bankruptcy].</p><p><br /></p><p>Oh, and medical debts. Do you know that most bankruptcies are due to med debts AND most of these folks HAD insurance. </p><p><br /></p><p>So, please, let's not talk about this debt and that debt.</p><p><br /></p><p>thanks,</p><p><br /></p><p>peace,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 1361321, member: 6492"](cont) Sorry, these old fingers. As for debt and this excusing this debt or that debt. I'm sorry, but this is an extremely vestered wound with me. Not from a personal perspective, mind you, but just a humanitarian point of view. There are some debts that can be reduced or forgiven, if deemed so by a bankruptcy judge. However, there are others that are not able to be altered. Mortgages and student loans come to mind. Back during the negotiations to deal with the mortgage meltdown, the ability to 'cram down' mortgages almost made it through but was bought out by the banks. Student loans. Come on. Do you want to invest in the future or not? And mind you I'm not saying to forgive all debts. You borrow it, you pay it back. However, there are circumstances where it all becomes relative and when judges need to decide. [note that sgt o says the occupiers should fight to erase all student debt and settle for crammed down via bankruptcy]. Oh, and medical debts. Do you know that most bankruptcies are due to med debts AND most of these folks HAD insurance. So, please, let's not talk about this debt and that debt. thanks, peace, rono[/QUOTE]
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