There is an option in the UK (not sure about USA or other countries) where you can declare yourself Bankrupt with the courts.
This clears any outstanding debt you have with any company.
Thus resulting in not having to pay back the scam money.
This is an EXTREME measure and caveats are as follows: -
- You cannot obtain credit or open a bank account for 3 years
- The courts have full control over your bank account and income
- Your name is splattered on the "bankrupcy" section in local papers
- Your assets may be seized
- The courts ask for a fee of around £300 (approx.)
THIS IS A LAST RESORT IF YOU REALISTICALLY CANNOT PAY THE MONEY BACK.
This should only be considered for large amounts of money, one upside is that it will clear any other loans or credit you have.
If you have a mortgage, you can say goodbye to that as well.
I know its a depressing method, but this could be your only escape.
(I do not condone Self-Bankrupcy in any way, it should only be used when a person cannot physically repay a debt without going into more debt or without taking on any more credit)
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