I’ve never tried this, but I’ve heard that in the US (where I live) if you declare bankrupcy, all debts cannot be reported to credit report after 7 years of the declaration of bankrupcy. And the lender cannot initiate legal proceeding against you to force you pay. So as long as you don’t own property, the debt is (for the most part) gone.
(However, student loans seem to be an exception to this rule)
I’ve never tried this, but I’ve heard that in the US (where I live) if you declare bankrupcy, all debts cannot be reported to credit report after 7 years of the declaration of bankrupcy. And the lender cannot initiate legal proceeding against you to force you pay. So as long as you don’t own property, the debt is (for the most part) gone.
(However, student loans seem to be an exception to this rule)