creative financing

Justin Schwartz jkschw at hotmail.com
Wed Apr 18 14:39:14 PDT 2001


Credit fraud is a crime, as is mail fraud and wire fraud. I'd advise aaginst committing it. You can go to jail. --jks


>
>Date: Wed, 18 Apr 2001 14:09:21 -0500
>From: Maureen Anderson <manders at uchicago.edu>
>
>>U.S. Student loans are not dischargeable through bankruptcy, default,
>>attack
>>by space aliens, meteors hitting the planet, or anything else. They
>>-will-
>>track you down.
>
>Okay, but speaking _purely hypothetically_, and not in the _least_
>soliciting professional advice, what's to keep someone with huge
>student loan debt from paying it off with the even huger credit limit
>on her or his credit cards, and _then_ declaring bankkruptcy?
>
>Just hypothetically abstractly disinterestedly wondering.
>
>--M
>

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