What happens to mortgages, student loans, and credit card debt?

8 Responses to What happens to mortgages, student loans, and credit card debt?

1. nsb8685 says:

   March 13, 2010 at 1:26 am

   You won’t have to pay for the debt because 1. everything will be in chaos 2. There won’t be anyone working to collect it, everyone will be unemployed. 3. By that time, maybe some states will declare independence.
2. Arwen says:

   March 13, 2010 at 1:09 am

   You’ll be paying in ameros or yuan (Chinese currency), but you WILL be paying.
3. SoGlamorous2435 says:

   March 13, 2010 at 12:26 am

   Well how can you pay back something you can not afford mmm thats why you can defer your loans with sally mae if you can’t pay broke college kid needs to pay off sally mae loans (YEAH for deferring loans) lol.
4. Wicked Wanda says:

   March 12, 2010 at 11:51 pm

   The only people who don’t have to pay off their loans, mortgages and credit cards are the ones who can actually afford to pay them off.
5. YoHo Calico says:

   March 12, 2010 at 11:21 pm

   China, the owner of a lot of our debt, may well be coming to our shores to claim what is theirs. Hope your house is not on their list. They can’t have my houseboat. It’s paid for.
6. Dave87gn says:

   March 12, 2010 at 10:41 pm

   YES
7. B.R.NAGARAJA B says:

   March 12, 2010 at 9:41 pm

   No. repayment will be rescheduled.
8. gre6mcc says:

   March 12, 2010 at 8:50 pm

   yes you debt will be sold to another bank and they will look for it