my best friend took out a loan for 200,000 dollars like a lil while ago
and he blew it all
how the fuk did he get a loan that big? you ask?
his credit was amazing, so the bank agreed to it.
and he blew it all on gambling
because he's actually a pretty good poker player. He had professional talent.
and he was planning to double the loan money by wagering it
a legal advisor said
hes fukt basically
he can file bankruptcy
and that will be on his credit for 7 years and most likely hell have to do jail time
can he argue his way out of it? I ask.
The legal advisor said no
I said that my friend says he plans to. wut is his excuse gonna be?
"hes fukt for a long time man if it was 5000 it would be diff." said the legal advisor, "but thats borderline fraud, but i think honestly ur frends gonna get fukt large."
If he goes to that gamblers addiction tho that mifght help him he could plead that he has a gambling problem
"hes going to take gambling therapy." I say.
"Like if u go commit a crime and ur on drugs u can say it was cuz of the drugs. That could be his defense. The legal advisor suggests.
thats what he said might be his defense
He'd need to get on it cuz hes gotta have a long log of that and proof that hes seeking help for that to work.
and then he still has to pay off the 20,000 the rest of his life, right? I ask.
The legal advisor says, "If he files bankruptcy."
Thats what hes going to do." I say,
"he has to have a defense to convince them that he intended to pay back the money cos if they prove he didn't intend to pay back the money - then they can convict him." The legal advisor said. "Or else he'll be found guilty and sentenced with a penalty. A penalty such as jailtime."
"Ever saw a case like this?" I ask.
"No." She said.
"cos my friend said alot of ppl get into these kinds of situations - so he'll get off." I said."Yeah im trying to figure out a way out for him."
So does anyone know a way out for him?
and he blew it all
how the fuk did he get a loan that big? you ask?
his credit was amazing, so the bank agreed to it.
and he blew it all on gambling
because he's actually a pretty good poker player. He had professional talent.
and he was planning to double the loan money by wagering it
a legal advisor said
hes fukt basically
he can file bankruptcy
and that will be on his credit for 7 years and most likely hell have to do jail time
can he argue his way out of it? I ask.
The legal advisor said no
I said that my friend says he plans to. wut is his excuse gonna be?
"hes fukt for a long time man if it was 5000 it would be diff." said the legal advisor, "but thats borderline fraud, but i think honestly ur frends gonna get fukt large."
If he goes to that gamblers addiction tho that mifght help him he could plead that he has a gambling problem
"hes going to take gambling therapy." I say.
"Like if u go commit a crime and ur on drugs u can say it was cuz of the drugs. That could be his defense. The legal advisor suggests.
thats what he said might be his defense
He'd need to get on it cuz hes gotta have a long log of that and proof that hes seeking help for that to work.
and then he still has to pay off the 20,000 the rest of his life, right? I ask.
The legal advisor says, "If he files bankruptcy."
Thats what hes going to do." I say,
"he has to have a defense to convince them that he intended to pay back the money cos if they prove he didn't intend to pay back the money - then they can convict him." The legal advisor said. "Or else he'll be found guilty and sentenced with a penalty. A penalty such as jailtime."
"Ever saw a case like this?" I ask.
"No." She said.
"cos my friend said alot of ppl get into these kinds of situations - so he'll get off." I said."Yeah im trying to figure out a way out for him."
So does anyone know a way out for him?
