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/biz/ - Business & Finance

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54440926 No.54440926 [Reply] [Original]

I have to declare bankruptcy because I can't afford my crypto tax debt kek (~$400k). how do I profit from this?

>> No.54440942

>>54440926
humblebrag

>> No.54441010

>>54440926
Lol my taxable income was negative last year

>> No.54442120

bump. anyone here declared bankruptcy before?

>> No.54442280

>>54440926

Convert all assets into physical gold and bitcoin in a private wallet, buy a plane ticket to some third world shithole in south asia and buy yourself a new identity there.

>> No.54442379
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54442379

>>54442120
In my country it's like 10 years of bad credit no loans etc
So is that worth it to you?

What I would do is get all the money you can, take any loan you can
You want to squeeze this for all its worth
Get it all out into cash

Take half of that and bet it all on red or black at the casino
If you want, pay off the loans/debt

Bury the rest

Declare bankruptcy

>> No.54443115

>>54442280

nahhhhhhhhhh

>>54442379

honestly bad credit / no loans doesn't even sound like a problem. I've never taken any loans before. plus it will help me keep my spending in check. seems absolutely worth getting rid of nearly half a mil in debt. in my country there are no other real drawbacks except the possible social stigma but I won't tell anyone