looks like Hartnett took the loan, and thus the obligation to repay. further, he misrepresented his exposure to his creditors.
mistake is his. scammer/default.
Another use of the word "default".
I propose a "Default Tag" be used for this type of situation until the principle is paid. The defaulter could apply for removal and we could have a 1 week comment period where if people who are actually owed principle and dispute the request with hard evidence only. If all disputes are settled or none of the known creditors come forward, then the tag is lifted.