A big, fat loophole

What if we told you there was a way to walk away from your debts with no financial consequences? There’s just one big catch.By 21, Anthony was on top of the world: He had a six-figure salary, a loft apartment and a car with heated seats. But when the 2008 recession hit, he lost it all. And in trying to climb back up the ladder, he landed himself in $200,000 worth of debt. That is, until he found a loophole that would let him avoid ever paying it back.For even more “This Is Uncomfortable,” subscribe to our newsletter! Each Friday you’ll get a note from Reema, a story from a listener and some recs from the Uncomfortable team. Sign up and read the latest issue at marketplace.org/comfort.“This Is Uncomfortable” is Reema Khrais, Megan Detrie, Hayley Hershman, Peter Balonon-Rosen, Camila Kerwin and Serena Chow.