Would A Total Economic Collapse Also Mean A Wiping Out Of Debt? - The Great Awakening

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Would A Total Economic Collapse Also Mean A Wiping Out Of Debt?

posted 2 years ago by Xirturn1984 2 years ago by Xirturn1984 +42 / -0

Credit Cards, Mortgages, etc?

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– dumb_okie 1 point 2 years ago +1 / -0

All will go in default. Real Property will still have value of some sort. If you default the mortgage company will foreclose. If your mortgage company defaults their lender will foreclose on them and right up the chain. In short, you will own nothing that you owe on.

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