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A comment on Puerto Rico files for biggest ever U.S. local government bankruptcy. Parent comment

Re:Puerto Rico files for biggest ever U.S. local government ... by malnourish on Thursday May 04, 2017 @09:08AM (#14264514)
Do you have sources for your statement?

If a bad borrower keeps getting loans then it's the fault of the lender. We have nothing to gain by putting such moral weight on bankruptcy.

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Re:Puerto Rico files for biggest ever U.S. local government ... by myrandomcomment on Thursday May 04, 2017 @05:34PM (#14269051)
So the bankruptcy is removed from your report after 7 years. It is really simple to get credit after a bankruptcy because you have no debt. Stupid I know.
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