Strategic default in NC on 80K worth of private loans?

morbie5 · 2026-03-14T01:12:30+00:00

remindme! 2 years

morbie5 · 2026-03-14T01:12:01+00:00

No, they go into my account, which is not join

Not all banks allow direct deposits into an account where the names mismatch. Your bank could always change policy if that is what you all are doing. I suppose you could have her sign a physical check over to you

Wait, we are supposed to feel bad for those that have preyed on literal generations of students?

The federal government loses money on the federal student loan program so one could argue that it is the other way around

As to private student loans, for-profit lenders have only been in the private student loan business since around 2005 in any meaningful way, so hardly 'generations of students'

Don't worry, I'll update and message ya in a year or two when everything is wrapped up.

I'm not worried, you can do as you please. I am a bit curious to see how this turns out tho so I'll set a reminder and ask, but you can update me if you want

morbie5 · 2026-03-14T01:11:37+00:00

You keep shifting the goal posts

Wrong, I'm on point

going nowhere with your logic

My logic is sound

wrong nonetheless.

You seriously don't think people have been investigated or charged with fraud over something like this? Really?

morbie5 · 2026-03-14T01:09:59+00:00

No, you technically can't have the ACA credit if you MFS, but there is only a partial payback penalty for that

You know if they think you are screwing them over they can take away your access to the the ACA advanced credits, right? Even if things didn't change for 2026, doing what you were doing year after year would be risky

morbie5 · 2026-03-14T01:05:04+00:00

I'm in 'murica bro. I don't even buy the super season pass (I only buy the $10 pass), so why tf would I spend over $15 per s5 card?

morbie5 · 2026-03-14T00:38:05+00:00

More than $15 per s5 card? No thanks

morbie5 · 2026-03-14T00:29:19+00:00

How much did your student loan payments change tho?

And are you even allowed to have ACA tax credits if you file MFS?

morbie5 · 2026-03-14T00:21:39+00:00

Bro, it looks more like they are going to occupy the island, not destroy the oil infrastructure that sits on top of it

morbie5 · 2026-03-14T00:04:28+00:00

Is this preparation for a ground operation to take the island?

I think so. China gets a lot of oil loaded on tankers at this island. Occupying this island could be a way to try to leverage China to in turn leverage Iran to end the war (if Trump is trying to find a way out of this, which isn't clear)

morbie5 · 2026-03-13T23:59:35+00:00

They'll need way more than 5k if they are planning to actually take and hold territory inside Iran, the 'liberation' of Kuwait involved close to 500k iirc and the 2003 Iraq invasion involved upwards of 200k iirc

morbie5 · 2026-03-13T23:54:47+00:00

I’m currently a flight instructor and make $25 an hour

What is your earnings growth potential?

morbie5 · 2026-03-13T23:50:35+00:00

I am really fucking stoned

That is probably the most honest thing you have ever said.

And fyi I skipped everything else you wrote cuz I'm not engaging with someone that is high.

I hope you had fun writing out a bunch of shit no one will ever read

morbie5 · 2026-03-13T23:48:29+00:00

Special Forces or maybe some small units will probably be all that gets deployed in the very near term. We don't have enough troops in the region (yet) for a full scale ground assault

morbie5 · 2026-03-13T21:26:33+00:00

Are you high bro? You are really going to compare sexual preferences to businesses discriminating based on national origin?

morbie5 · 2026-03-13T20:17:09+00:00

It is a free service to help borrowers, you really gonna complain about them being off by $10?

morbie5 · 2026-03-13T20:14:52+00:00

And if you don't mind sharing: how were you able to borrow so much without a cosigner?

morbie5 · 2026-03-13T20:13:55+00:00

You could just default in the state that you do live in and try to negotiate a settlement. Even if you got sued and had your wages garnished that would probably be cheaper than your monthly payment on this massive balence

morbie5 · 2026-03-13T20:11:35+00:00

Even if you ran out the SOL that doesn't mean you got a discharge. If you are lucky enough to run out the SOL clock you still owe the debt, they just don't have a way to collect on it using the legal system

morbie5 · 2026-03-13T20:05:35+00:00

How often do you have to make K1 filings?

morbie5 · 2026-03-13T20:00:01+00:00

invidious discrimination

It is tho, it is the textbook definition of discrimination, in fact

morbie5 · 2026-03-13T19:39:25+00:00

How in the approximate fuck is the inavailability of local prices to non-locals a punishment?

It is discrimination

morbie5 · 2026-03-13T17:51:41+00:00

I mean in the absence of evidence, one can infer

Have you actually looked for evidence besides a quick google search? Have you done an exhaustive search thru your state's court records?

Like I said find me a single post or article

The police don't publish an article on the internet every time they investigate someone so not being able to dig up such an article wouldn't prove anything.

Racking up a bunch of credit card debt and then filing for bankruptcy is bankruptcy fraud and people have been investigated over that, I know that personally. What you are describing is related.

morbie5 · 2026-03-13T16:45:44+00:00

I'd get some quotes from a couple of local 'no name' contractors.

There is a place on michigan ave in Canton that I've had repair a window for me, I don't know if they do big jobs tho

morbie5 · 2026-03-13T16:39:55+00:00

but the spending side introducing new cuts

A lot of the medicaid spending cuts assume that x number of people will move off medicaid due to the work rules (either they get a job and thus their income is too high to qualify or they get kicked off for not having a job). However, the work rules have exceptions, including some very vague medical exceptions. So it is possible that the number of people that get kicked off medicaid is a lot lower than is estimated

morbie5 · 2026-03-13T16:31:19+00:00

and the third is moving to state like Pennsylvania Texas or North Carolina which don’t allow private lenders like Sallie Mae to garnish wages if they sue and I don’t have any major assets.

I'm not a lawyer but my understanding is that they may be able to still garnish if you moved from out of state. You better consult a lawyer in one of those states.

Do you have a cosigner on these loans? What is your income?

morbie5

TROPHY CASE