Talk:Personal bankruptcy
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This page may be updated before January 2006. I am a student at Osgoode Hall Law school and may post outline of consumer bankruptcy as a part of my Bankruptcy and Insolvency Law course assignment. If you face bankruptcy in Canada and have any specific issues that you would like to include in the outline, please inform me at osghall@hotmail.com —Preceding unsigned comment added by 07:13, October 25, 2006 (talk • contribs) Osghall
Fair use rationale for Image:Pyat rublei 1997.jpg
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Greates fraud and uncompensated taking of private property of all times, illegal under natural law.
editThe article does not address the legal theory background of personal bankruptcy. It is a general principle worldwide that legally and morally obtained private property is sanctosanct and cannot be taken away without full and immediate compensation.
Yet, in case of personal bankruptcy, the law made by goverment results in the indebted person NOT paying back the loan fully. The missing amount was originally private property of the bank's shareholders and the people who deposited money in the bank. This means the government, by power of law, takes away private property and without compensation! That means the goverment that allows personal bankruptcy is no longer legtimate!
Furthermore, the article does not mention that widespread abuse of personal bankruptcy, e.g. in the USA. There, almost every university student of medicine takes huge loans under the pretense of study costs and pays back very little if anything. They go to the judge and obtain a personal bankruptcy and use hired stretched limos for 7 years instead of owned ones and live in rented swimming pool villas instead of owned ones. They laugh in the face of the banks and the diligent, honest people, who depositied saving in the bank, people who now lost the money not paid back by the cunning doctor. After the seven years passes, they doctors retrieve their hidden overseas money caches and show the middle finger to banks and feel like kings of the world.
Yet, US banks are required by fraudulent-intent federal law to give student loand to all medical university attendees, even if the bank see obvious lack of intent in the applicant to repay it fully. This is goverment-run, uncompensated taking of private property, because the money bank lend is the private property of bank shareholders and the diligent people who deposit saving in the bank. Therefore the practice is illegal under US Constitution, because private property is sancto-sact.
The WP article fails to mention all these unsurmountable problems with personal bankruptcy! 87.97.103.46 (talk) 10:44, 23 February 2013 (UTC)
Another source for Israel section?
editThe Israel section may be improved by referring to the online Google book The Consumer Bankruptcy in Global Perspective, which also refers to a 1996 law, which may have superseded the 1980 law identified in the text. --Eliyahu S Talk 12:28, 26 February 2013 (UTC)
Done Added. Juhuyuta (talk) 09:18, 19 April 2014 (UTC)
PENDING PROFIT
editWell the requirement of your profit is for you to pay your pending fee of €300 before the process can be completed...we can help you prevent your profit from get lost but without the payment of your fee your profit can’t been sent to your bank account 105.113.88.140 (talk) 21:19, 11 May 2024 (UTC)