• intrepid@lemmy.ca
    link
    fedilink
    arrow-up
    29
    ·
    11 months ago

    Why exactly do normal people with small defaults have ‘collection agents’ sent after them, while billion dollar defaults are written off? Isn’t that supposed to be the other way around?

    • Ergifruit [he/they]
      link
      fedilink
      arrow-up
      3
      ·
      11 months ago

      because it’s easier to come after real people, since we don’t know all loopholes, can’t jerk them around indefinitely, have no individual power, can’t afford lawyers, and are all around an easier mark.