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DiscussionIf you have no assets, would you consider taking out a loan for a trip or some other purpose and then ctb?
Thread starterthethatsitboy
Start date
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I wonder what happens in that situation though. Do your next of kin have to pay off the debt, or is it written off?
No, I wouldn't do it but that's because of my strict upbringing telling me not to borrow money. I HATE the system but I guess- not that much to steal from it. I kind of admire rebels though. I'm a rebel at heart! I'm just too square to act.
This depends on the iurisdiction you are living in and the succession. Heirs do not necessarily have to take up the (over-indebted) inheritance. Then it'll be written off when you do not have any other things left, after death. And when there are no heirs it's even easier.
This depends on the iurisdiction you are living in and the succession. Heirs do not have to take up the (over-indebted) inheritance. Then it'll be written off when you do not have any other things left, after death. And when there are no heirs it's even easier.
If I traveled the world now I wouldn't be here. *LOL* Well I traveled more or less frequently before my misery began, so that's sth I did already, but by far not to all places, there'd be still so many places to be discovered.
If I traveled the world now I wouldn't be here. *LOL* Well I traveled more or less frequently before my misery began, so that's sth I did already, but by far not to all places, there'd be still so many places to be discovered.
There's definitely places/ things I would love to see. Just not sure I have the energy to go see them. I was ingrained with such a strong work ethic too. Don't feel like I've earnt the right- as it were to travel the world. I certainly don't have the money for it. There are places in my resident country I would love to see and say goodbye to though- if I ever do CTB. Do you have a favourite place or landcape? The sea? A mountain etc?
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