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by TheLastPass 2498 days ago
No. Bankruptcy doesn't just eliminate the debt and let you move on consequence-free - it's a legal process in which a plan is put in place for everyone to get their fair share of what's left, or to recover from the debt without the debt itself destroying future productivity. It can also be very detrimental to your credit opportunities. If you abandon a project, you're just never going to repay the debt or suffer from any consequences of it.