What happens if you go bankrupt?

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Learn more with us! SmartNonsense.com 🌈

HenryBelcaster
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henry is teaching us how to commit financial fraud

gunslinger
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You owe the bank a hundred dollars, it's your problem. You owe the bank a hundred million dollars, it's their problem.

brandonb
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"You owe us 8 million dollars"
"Double it and give it to the next person"

Pixoul.
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Henry taught me how to commit financial fraud with this one 🐐🐐🐐

FireAttack
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Fun fact kids, student debt doesn't go away when you file for bankruptcy. You'll never escape THAT debt

kvetchenfinks
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This is what Micheal Scott must've went through when he declared bankruptcy.

waleedshadani
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As a homeless guy, I see this as an absolute win

shuhulsofficials
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Pov: You rented everything and they can't take anything

matteotube
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“You owe us 8 million dollars.”
*_slowly pulls out credit card_*
“No.”

DepFromDiscord
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"I'm just asking for a friend"
smoothest way to declare bankruptcy 😂

chessycontent
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Only thing he didn’t mention is your credit score becomes non existent after that making it really hard to get another card

bitgaming
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- give almost everything you own to your friend
- go bananas with the card
- get the remaining property taken
- get the almost everything from your friend back
- now you committed a fraud.

PeanutIsFunky
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"Cause I got 30, 000$ in credit card debt"
-Peter Griffin

francescottoti
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The thing is, Amex or any other credit card company would never give you 8 million dollars if all you owned was an old mobile home.

RabanyMedo
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Police: You owe us 8 million dollars

Me:pulls out reverse card

Notme
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As a homeless person i see this as an absolute win

chenyongyan
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he pulled out his *AMERICAN EXPRESS PLATINUM CARD*

cicikus
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Plan
Step 1: take out the biggest loan in history
Step 2: give/spend that money on someone else (family and friends)
Step 3: file for bankruptcy
Step 4: if the bank wants your money you have nothing.
Step 5: profit (Or go to prison)

robotp-
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“I’m asking for a friend”
Proceeds to tell us how bankruptcy works

rekttryhards