Abandoning Debt

[Anonymous No.23851713]

How retarded would it be to accept every credit card and loan offer I've received, max them out on precious metals, crypto and other value holding assets then just default on the debt? I have a car loan and credit card from my main bank that are both in good standing, could I keep paying these while telling my other lenders to fuck off? Sam style, "ah geez dood $350? Best I can do is like 8 dollas"

I was retarded with a few cards a while back so I feel like at this point I should go all or nothing instead of paying back my debt to the jews like a cuck. I was planning to buy a house in the next two years but that doesn't seem like it's gonna be a viable option. Halp me /biz/.

[Anonymous No.23851781]

fuck them. never pay a fucking dime.

[Anonymous No.23851821]

>>23851781

[Anonymous No.23851837]

I'm just at a point where I want to pay off my finish paying off my mortgage, and then never take out debt again. If I get another property I'll fucking save up, rent out the current place and just live in a van for a bit or something.

[Anonymous No.23851857]

>>23851713
that works if you have no assets but if you have shit they'll take it

[Anonymous No.23851905]

>>23851713
you fuck yourself for life with that. goodbye to your credit score

[Anonymous No.23851906]

>>23851857
And if I hide it?

[Anonymous No.23851909]

>>23851713
do it and tell us if it works or not lmao.

[Anonymous No.23851929]

>I'M STEALING FROM YOU
>I'M STEALING FROM YOU
>I'M STEALING FROM YOU
>I'M STEALING FROM YOU
>I AM STEALING FROM YOU

[Anonymous No.23851947]

>>23851713

I've been doing this for 15 years. Occasionally I'll get a piece of mail from some new collector telling me my thousands dollar debts are reduced and I can pay just 350 to correct it. I of course throw those away, too. The only thing that you can dodge is child support, and student loans. Just keep all your worth in assets off the books. Fuck the jews.

[Anonymous No.23851957]

>>23851905
Fuck it. It resets after 7 years or if you move internationally.

[Anonymous No.23851976]

>>23851905

Negative items on your credit score drop off every 7 years.. OPs plan is somewhat viable if they are young.

[Anonymous No.23852052]

>>23851906
you can't

you can't even hide your fucking email password let alone your assets retard

[Anonymous No.23852108]

>>23852052

Yeah, you can't hide cash/physical investments, gold, silver... you're a hook nose faggot.

[Anonymous No.23852127]

>>23851976
I'm 25. Been thinking of going the Perpetual Traveler route and expatriating for a while now. I'll miss my guns, but if I live in a properly white country and don't need them then why not? If you haven't looked into it I would HIGHLY recommend looking into this lifestyle. PT and Flag Theory is something I have hardly seen talked bout on biz at all. Offshore accounts in tax havens, second passports, overseas playgrounds and pretty women. Check out bye bye b1g br0th3r to start.

[Anonymous No.23852262]

>>23852127
What country would you get a second passport from?

[Anonymous No.23852295]

>>23851713
That would be a megabased Chad move.

[Anonymous No.23852297]

>>23852262
There's a bunch. Some have pretty lax naturalization requirements, some you can just pay a low 6 figure sum and get one immediately. Do some research.

[Anonymous No.23852342]

>>23852127
>I'll miss my guns, but if I live in a properly white country and don't need them then why not?
a "properly white" country is the only country you will need them, non white countries don't require you defend yourself from the zionist occupation government and white genocide agenda.

[Anonymous No.23852358]

>>23851713
Whats funny is in the past year or so I've seen plenty of anons have this same idea and post about doing it.
Never seen one come back and say they did it yet, afaik

[Anonymous No.23852372]

>>23852342
>a "properly white" country is the only country you will need them, non white countries don't require you defend yourself from the zionist occupation government and white genocide agenda.
Is this you?

[Anonymous No.23852382]

>>23852052
If he can trust his mother (or somebody in his life) he can put everything in her name and they can't do shit. This is what drug dealers do, and why that "innocent" nigger bitch got shot in her apartment recently.

[Anonymous No.23852391]

>>23852262
medellin. montenegro. turkey. cambodia.
>>23852127
a fellow nomad capitalist viewer. i'm undergoing a similar plan now. will be cycling between puerto rico, medellin, the french alps and tokyo. Only recently possible with work from home becoming so commonplace.

There's nothing left for us in America, fren.

[Anonymous No.23852405]

>>23851713
If you're aware of the consequences, just do it lol

Fuck the banks

[Anonymous No.23852416]

>>23851947
Doesn't that mean not owning property and not working a job that your wages can be garnished?

[Anonymous No.23852433]

>>23852358
sign of the walls of indoctrinated respect for phony institutions breaking down

[Anonymous No.23852470]

>>23852416
fun fact: they have no idea if you have a job or not if you change jobs often. you get a summons to show up in court? quit your job that day
>sorry your honer, i can't pay it back!
>i have no job!
>judge: "Dismissed!"
and you wouldn't be lying

[Anonymous No.23852628]

>>23851947

Based.

[Anonymous No.23852647]

>>23852391
Based.

Most of my skills can be sold remotely, so I'm rapidly running out of reasons to stay in the states. We all know the USD is gonna take a major shit in the coming years so being further away from the fallout is another plus. What moves did you make to start out, anon?

[Anonymous No.23852692]

>>23851905
In the uk that shits forgotten after 3 years. Get wrecked burgers

[Anonymous No.23852730]

I've been unironically thinking about that. Like I'm a student and graduating in a year, starting my life off with 90k debt is a bit mad isn't it? Yeah I should've calculated better but idk. I guess if it's possible I'll look into it

[Anonymous No.23852776]

>>23852416

>wage cuckin
>owning property
You're a real good goy, ain't ya

[Anonymous No.23853151]

I kinda want to start an offshore general, but I think it would dilute the opportunities if it go too big.

Hyde vid for reference.
https://www.youtube.com/watch?v=oD2gXY4piF4

[Anonymous No.23853211]

It's definitely a good idea at some point in your lifetime. If you die with a good credit score, you missed your chance. I 100% plan on stealing tens of thousands of dollars in debt by my 40s

[Anonymous No.23853247]

If you plan on doing business with loans then no, but almost nobody will every do that so yes.

[Anonymous No.23853272]

Could they take your car?

[Anonymous No.23853280]

Move to Russia after doing it

[Anonymous No.23853386]

>>23851713
Want to abandon debt (and heavyyyyyy bags like REQ / DBG / Brain Gang?)

There's a Bonded.Finance for that.

[Anonymous No.23853666]

Is there any actual disadvantage to taking on debt in the US? What can they actually even fucking do?

[Anonymous No.23854625]

>>23851713
ez

[Anonymous No.23854757]

you cant even travel away cause the covid restrictions are here

what sam hyde did was get a $20k personal loan for some bullshit then bought BTC

[Anonymous No.23855487]

>>23854757
I can travel away. My career is skilled so I could get a visa, then walla, I'm out.

[Anonymous No.23855493]

>>23851713
i took out a 12k loan in uk then moved to canada, then took at 20k loand and moved to australia, its been 6 years since i took the UK one, its wiped off your credit history after 7 so next year i'll move home and take out a loan here with no intention of ever paying it back

[Anonymous No.23855524]

>>23851781
A friend of mine did this. He gets out in 2023.

[Anonymous No.23855538]

Im 17k in cc debt and just got another 20k in cc credit to blow, have no job, nothing they can take. Wondering if I have to keep making minimum payments to keep my credit line open until its all maxed

[Anonymous No.23855663]

you can't buy gold with credit cards the most cash you will be able to get on credit as a normie with normie income will be like 50k, but most people less than 10k. you might be able to buy 50k worth of retail jewelry with digital credit, resell it for maybe 10k, so average person is looking at less than 50k worth of assets in exchange for 100k of liabilities. obviously you dont plan to pay back the liabilities but that prevents you from owning property or having a career for 7 years minimum. and if you think you can just do this over and over the answer is no, they eventually get you for fraud and tell a jury of normies how you scammed your way through life while they had to work.
it's not a good trade.
overcoming your greed so that you don't need that 100k you don't have is the most lucrative scam you'll ever pull, nothing like 100 grand worth of personal growth.

[Anonymous No.23855811]

>>23851713
Go big or go home

Get a mortgage for a house, then sell the house for BTC and leg it

[Anonymous No.23856255]

>>23855524
The worst part is.. They put you in jail and you still owe money.

[Anonymous No.23856334]

>>23853151
What animu?

[Anonymous No.23856343]

>>23851713
Max credit cards on precious metals which historically don’t even outpace inflation Let alone high cc interest rates, oh anon you’re in for a rekkoning

[Anonymous No.23856356]

>>23851713
All in on eth, worry about it in 2022 when you’ve netted yourself a 10x then bargain a discount repayment

[Anonymous No.23856573]

>>23851713

Ah jeez man-pilled.

[Anonymous No.23856608]

>>23851713
>Do not pay debt

BASED

[Anonymous No.23856800]

>>23852730
Private loans are subject to statute of limitations. If you let it default and manage to avoid the collection agency before they take you to court its junk debt and they cant report it as bad credit. Fed loans though, theres no getting out of those.

[Anonymous No.23856833]

>>23855524
>>23856255
Where on this planet does debtors prison still exist?

[Anonymous No.23856855]

Crypto is relatively long term- it may not go up for a few years.

If you do buy, get OCTO, small cap coins are about to blow the fuck up

[Anonymous No.23857485]

>>23856833
Family court.

[Anonymous No.23858187]

im a neet and have barely any work history. paypal keeps sending me shit about i have been selected for their credit card and they instantly reject me every time. how do I get a credit card wtf?

[Anonymous No.23858381]

>>23852127
Flag theory is cool but most of biz is too poor to even look into it seriously, buying second passports is upwards of $150k and places where you can get them for free are south america drug cartel territories so good luck staying alive there

[Anonymous No.23858404]

>>23852127
You’re gonna get robbed

[Anonymous No.23858455]

>>23852470
Holy fucking based

I have over 20k outstanding on credit cards but they keep letting me take out new ones to transfer the balance onto. When that stops either either hyperinflation takes care of it eventually or I just default. Credit score will be irrelevant in a few years anyway once fiat starts to implode. 90% of my networth is chainlink anyway so good luck taking my linkies kikes!

[Anonymous No.23858469]

is there any route where i could possibly become location independent for income outside of online business in the next 2-3 years without proof experience? is for example freelance programming a meme or still viable? I’m well off for my country standards, got enough money to survive for 5+ years but I want to have a way to sustain myself if I ever have to fuck off to some caribbean island or whatever

[Anonymous No.23858486]

Where is this Sam Hyde meme from? Someone post the video pls

[Anonymous No.23858496]

>>23851713
You think they won't come after you/try to put you in prison for some BS charge/garnish your wages forever? You think debtors prison isn't real? Then why do all those thousands of BS felonies exist on the books?

[Anonymous No.23858498]

>>23855663
Use your brain anon there are plenty of ways around it. My broker lets me deposit using PayPal (linked to my CC). Then I just withdraw and hey presto, I just turned it into liquid cash and I can freely buy crypto of precious metals

[Anonymous No.23858550]

>>23851713
>default on the debt
>having assets

They would fuck your ass with fraud and then take your assets + tip. Unless you could literally hide those assets(bury your gold somewhere, buy illicit coins on cold storage) and have 0 proof you purchased any.

Anyways doing all that would be illegal and getting caught would get you jail time and you'd pay back more than just the interest payments since you know borrowing is incredibly cheap right now.

[Anonymous No.23858619]

>>23852127
You will find out why people need clans. If no-one has your back be prepared to get stabbed in it.

[Anonymous No.23858661]

>>23852262
Ireland