- Joined
- Jul 7, 2020
The argument that the additional debt paid off is more than the starting fee, and thus the debt should be thrown out, does not actually make financial or legal sense. It's like if I loaned you $10,000, you didn't pay for 10 years as $25,000 of interest accrued, paid off the $25,000 in interest, and then said you shouldn't have to pay back the initial loaned amount of $10,000.Americans, isn't it possible that a decent lawyer could get the debt thrown out given he has paid more than the starting fee? What would be the correct course of action for someone in Patrick's shoes? - legally speaking, not dietary wise.
The correct financial course of action is to declare bankruptcy of some sort and see what could be done about the judgment. The problem, however, is that he despises his creditors and bankruptcy would give them a chance to look through all his dirty laundry. Imagine DSP's bankruptcy, but with a more vindictive and brain-mushed debtor, and with a troll given a prime seat right in the heart of the bankruptcy proceedings.
He could also auction off his urban-sourced, project-to-table, black-ribbon-winning pepperoni recipe. Maybe he could raise some money for his debts by doing that.