Yes, I thought that. So tell me, does that mean they're ruined for life? If not, why not? Do lenders keep falling for them or forced to lend them?Do you really and truly think there are no records of who goes through bankruptcy? Seriously?
Or, specifically, how is the current system of telling the lender "you can fuck off, you're not getting paid back and we're not going to let you pursue this debtor anymore" any better?