Quote from: thy on July 12, 2014, 02:21:19 PM

For many young people for example it can be problematic to get a loan for buying there first house or appartment, its very common here in Sweden that parents have to step in as security on a loan there kids take to get there house when we talk about slightly larger loans in a few hundred thoused to a few million usd equivalent, the banks may not accept just the house and the incomes from the younger person as security as houseprices can go down and future incomes may be uncertain.
On the other hand people can get big loans in blanco or at the very least with for example a house as security if they have a long and good credit record and have incomes that is good, maby its due to better pay back rates and the fact that its easier for banks to garantee that they get there money back here one way or another if something would go wrong, as people cant just declaire bancrupcy and think they can walk away from there depts here, it may be possible under very extreme conditions nowadays to do so after many years if its totally impossible for the person to work there dept down, but it wasent that long ago that it was impossible for someone to even go that route and have depts written down in such way.

Im not really sure how its in the US now. In germany some years ago the possibility to go bankrupt as a person was added. Simply because it doesnt make sense that someone lives for the rest of his life under the bear of debts that he sometimes never can pay back. So he now has a hard time for one or two years and then he can start over. The risk is then more on the side of the creditor. Maybe thats a reason they are very cautious to give loans.

But its similar here that parents get a loan to help their kids build their house. But its nowhere near a few million usd. Though such a loan is different. A fresh family starting is a parents wish for a good start. Doing the same only to let the money flow to some random internet people has not much appeal. I mean they would need to pay back the debt in the meanwhile and hope to get it back from ukyo. But still they would have to pay first. And have the chance having to pay it back in full. Or even lose the house when they cant pay anymore for some reason. If i would be ukyo i would never ever ask my relatives to take such a risk for me.

I only say it would be a huge step by relatives and i doubt they were happy to step into such thing...

Quote from: NotLambchop on July 12, 2014, 01:44:26 PM

Quote from: SebastianJu on July 12, 2014, 01:29:53 PM

... Especially its not a problem when you can go bankrupt personally. Then the family would be plain stupid to put money into it.

You know what else is plain stupid? Expecting restitution from a d00d who threatens to declare bankruptcy when asked to repay the money he owes you.

Its no threat... its common sense. If the coins arent there and you sue weex then weex HAS to go bankrupt by law. As long as you dont sue weex the company can exist and the chances to get the coins back exist...