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by moccachino
2703 days ago
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A company can go under in two seconds with all the assets gone and the lenders will have to suck it up.
An individual has to struggle with bankruptcy laws for a decade or more to get rid of the debt. So if I've got 10k to loan, I'd rather loan it to some poor sucker that I then own, rather than to a business that might disappear tomorrow. |
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People, you can hassle them forever.
Kinda sad how that is.