gregorum@lemm.ee to politics @lemmy.worldEnglish · 8 months agoDonald Trump Should Probably File for Bankruptcy, but Likely Won’t Because He’s Worried It Would Make Him Look Like a Loser: Reportwww.vanityfair.comexternal-linkmessage-square25fedilinkarrow-up1191arrow-down18cross-posted to: [email protected][email protected][email protected][email protected]
arrow-up1183arrow-down1external-linkDonald Trump Should Probably File for Bankruptcy, but Likely Won’t Because He’s Worried It Would Make Him Look Like a Loser: Reportwww.vanityfair.comgregorum@lemm.ee to politics @lemmy.worldEnglish · 8 months agomessage-square25fedilinkcross-posted to: [email protected][email protected][email protected][email protected]
minus-squarexmunk@sh.itjust.workslinkfedilinkarrow-up7arrow-down1·8 months agoWe need an executive order to convert all his debts to be non-dischargable. This fuck doesn’t deserve access to debt forgiveness, he’s denied it to so many others.
minus-squareilinamorato@lemmy.worldlinkfedilinkarrow-up12·8 months agoDebts owed to the government and judgments in fraud cases are non-dischargable by default.
minus-squarexmunk@sh.itjust.workslinkfedilinkarrow-up4arrow-down1·8 months agoYes, but mortgages and personal loans are not and previous disclosures have exposed quite a large quantity of those.
minus-squaregregorum@lemm.eeOPlinkfedilinkEnglisharrow-up3·8 months agoHow do you imagine his debts would get discharged?
minus-squareilinamorato@lemmy.worldlinkfedilinkarrow-up3·8 months agoPresumably OP meant through bankruptcy, but that won’t work.
minus-squarexmunk@sh.itjust.workslinkfedilinkarrow-up4arrow-down1·8 months agoBankruptcy, most of his debts would be dischargeable if liquidation can’t cover them but I suspect that he’s underwater on the balance.
We need an executive order to convert all his debts to be non-dischargable. This fuck doesn’t deserve access to debt forgiveness, he’s denied it to so many others.
Debts owed to the government and judgments in fraud cases are non-dischargable by default.
Yes, but mortgages and personal loans are not and previous disclosures have exposed quite a large quantity of those.
How do you imagine his debts would get discharged?
Presumably OP meant through bankruptcy, but that won’t work.
Bankruptcy, most of his debts would be dischargeable if liquidation can’t cover them but I suspect that he’s underwater on the balance.