Hacker News new | ask | show | jobs
by sol_remmy 3000 days ago
Doesn't matter if there is a "legal obligation" or not, if the state does not have money to pay then the money will not be paid.
1 comments

If I take on a $1m debt through an LLC, pocket the $1m, and have the LLC default, courts will see through that.

The state has money. The government doesn’t.