Honestly what happens if I take a bunch of loans then file for

>>3246482
Horrible Credit. Probably repossession of anything you own worth repossessing.

Probably couldn't take crypto though if you put it in some offline wallet on a usb drive and hide it.

YOU'VE JUST BEEN VISITED BY THE BANKRUPTCY BITCOIN BURGLAR

REPLY TO THIS POST WITH "NO NO I DON'T WANT TO DO THIS PLEASE STOP I NEED GAINZ NO NO" OR HAVE BAD LUCK FOR 7 YEARS.

>>3246500

nothing, except you cant get more loans

>>3246500

yeah you could buy cryptocurrency then memorize the words to open the wallet, then no one can take it.

>>3246482

It'll damage your credit for 5 years

don't have anything in your name

it has to be at least 50k for it to make sense

other than that you are good

>>3246500
>>3246537
I was reading financial news in my country and there was some guy caught for bankruptcy fraud of like $300k. Explain this please how it works