It's a socially and legally acceptable means of defrauding people, ergo it's carefully tuned so as not to defraud the people who make it possible. Though my favorite showcase of the fraud value of bankruptcy is this guy: http://www.gofundme.com/Help-me-file-Bankruptcy - he's asking for money so he can pay a lawyer to get him out of paying all his other bills, meanwhile he's working on Kickstarter and IndieGoGo to collect money for creative projects. Yeah, he's a piece of work.



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