this post was submitted on 18 Jan 2025
405 points (98.6% liked)

Comic Strips

13535 readers
3579 users here now

Comic Strips is a community for those who love comic stories.

The rules are simple:

Web of links

founded 2 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 2 weeks ago (1 children)

In my home country the only debts that can't be cancelled by a personally bankruptcy are debts to social security, taxes, and credits acquired through fraud.

The caveat is that court will take over your personal finances and property for 3 years and try to pay as much debts as possible before the process is finished.

[–] [email protected] 1 points 2 weeks ago (1 children)
[–] [email protected] 1 points 2 weeks ago (1 children)

Portugal, but I would be surprised if it's much different in the rest of western Europe.

[–] [email protected] 2 points 2 weeks ago

I looked it up for Germany, seems like you can't get out of fines by declaring bankruptcy there.