What happens to someone’s debt if they go to prison?

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I was listening to a podcast where a serial killer was in debt half a million dollars. He was then put in prison for life. What happens to that debt?

In: Economics

5 Answers

Anonymous 0 Comments

Any assets they own are sold off and the rest is written off as bad debts. If/once they are out, their credit score is all messed up and they probably won’t be able to take a good loan again.

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