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jvm | 2 years ago

I'm curious, what actually happens when you're fined some comically large amount of money? Do you just immediately declare bankruptcy and let the courts carve up your assets? Is that usually the end of that or do you still end up having your wages garnished after bankruptcy?

discuss

order

tedivm|2 years ago

For the rest of her life she will have money garnished from her paycheck and applied towards what she owes. There's a formula they use to ensure that the person still makes money to cover themselves.

https://www.dol.gov/agencies/whd/fact-sheets/30-cppa

P_I_Staker|2 years ago

I think may sometimes be possible to get out from under it without paying the full sum. ie. you pay some percentage and it lapses after some time.

tivert|2 years ago

> I'm curious, what actually happens when you're fined some comically large amount of money? Do you just immediately declare bankruptcy and let the courts carve up your assets? Is that usually the end of that or do you still end up having your wages garnished after bankruptcy?

According to this random lawyer, bankruptcy won't discharge those debts:

https://thompsonlawoffice.net/787/discharging-criminal-debts...:

> On the other hand, the following types of court debt have usually been found to be nondischargeable in Chapter 7 bankruptcy:

> restitution ordered to be paid to compensate victims of crimes

Eddy_Viscosity2|2 years ago

Elizabeth will get out of paying these debts. She's a pro grifter after all.

ipnon|2 years ago

If it was as easy as declaring bankruptcy I don’t think anyone would ever receive alimony or child support.

Dylan16807|2 years ago

Even if it worked, I would expect bankruptcy to only let you escape the backlog.

nmjohn|2 years ago

Child support generally can't be removed in bankruptcy

0zemp2c|2 years ago

you can't get blood from a stone

once all of her assets are gone, it would seem mostly symbolic...its not like she is ever going to generate that kind of income after being released