28 Bank of America 1 TRILLON day of reckoning incoming. YIKES. (markets.businessinsider.com) posted 1 year ago by MAGAsoyboyslayer 1 year ago by MAGAsoyboyslayer +28 / -0 The $1 trillion of high yield debt that's piled up in the last 5 years is about to have a 'day of reckoning,' Bank of America sa... Around $400 billion of debt assets are considered to be in "pre-distress," while $150 billion are "deeply distressed," Bank of America said. 13 comments share 13 comments share save hide report block hide replies
Do you get sued? What happens?
7 months of nothing after I received a letter from a debt collection agency but not for maxing out CC's.
No visit's, no phone calls, no further letters .
Nothing !
Maxing out CC's would be highly patriotic.