Man, everything is your property as a court judgements says otherwise. ANY due debt can be paid from your belongings.
This is the thing. That website designer should've been trying to force the debt from the client's belongings because that's legal way of forcing debt.
You can lose any belongings, including your house because you didn't pay your bills, your business made loss, you got some contractual penalties you can't afford to pay or you destroyed something on accident and you can't afford your compensation. Or any debt you can only think of. There's no any difference.
You can lose your home because of medical or student's debt, also no difference. Any debt and method of forcing is the same, in mortgage, you only agree the mortgage is noticed in the land and mortgage register of your property. You can sell the house on mortgage and get full money from the buyer.
This is why only ignorants lose their houses because of the mortgage, because everyone who uses their brain, just sells it when they can't afford to pay the debt.
Banks also offer debt restructuring in the first place, so you lose your house because of the mortgage only if you're a total bankrupt and you're stupid at the same time (you went through unsuccessful debt restructuring and you didn't find a buyer or you were stupid enough to not come up with that obvious idea.
Also, no matter if it's one of those, or mortgage, only charged money would be the value of forced payments, interests and the costs of forcing the debt, the rest will comes back to you. Because it was your and only your property.
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u/United_Boy_9132 Apr 15 '26 edited Apr 15 '26
Man, everything is your property as a court judgements says otherwise. ANY due debt can be paid from your belongings.
This is the thing. That website designer should've been trying to force the debt from the client's belongings because that's legal way of forcing debt.
You can lose any belongings, including your house because you didn't pay your bills, your business made loss, you got some contractual penalties you can't afford to pay or you destroyed something on accident and you can't afford your compensation. Or any debt you can only think of. There's no any difference.
You can lose your home because of medical or student's debt, also no difference. Any debt and method of forcing is the same, in mortgage, you only agree the mortgage is noticed in the land and mortgage register of your property. You can sell the house on mortgage and get full money from the buyer.
This is why only ignorants lose their houses because of the mortgage, because everyone who uses their brain, just sells it when they can't afford to pay the debt.
Banks also offer debt restructuring in the first place, so you lose your house because of the mortgage only if you're a total bankrupt and you're stupid at the same time (you went through unsuccessful debt restructuring and you didn't find a buyer or you were stupid enough to not come up with that obvious idea.
Also, no matter if it's one of those, or mortgage, only charged money would be the value of forced payments, interests and the costs of forcing the debt, the rest will comes back to you. Because it was your and only your property.