[crdoconnor]

>Nobody would sell themselves into slavery if they had a choice.

It actually used to be common in the Roman empire. It was effectively how you declared bankruptcy.

This is something to bear in mind any time anybody advocates strengthening creditors' rights (e.g. removing bankruptcy protections or making them more onerous). The logical end point of this process is actual, literal slavery.

[eru]

You don't need to go all the way to the end. And companies might be legal persons, but not physical persons.

Strengthening creditors rights against companies can be done without strengthening them against people.