Post #4384935

That's going to depend on this bit: "I signed an agreement with MasterCard and Visa saying that if they ever had to come collect on the debt, that I would pay them a certain amount of interest on the debt for the next 100 years." From an accounting point of view, this would need to be declared as a liability if and when it becomes "reasonably likely" that Lana#1 is going to have to make the payments. That said, and memory may fail me here, but IIRC, it is the size of the repayments that needs to be declared, not the debt itself, and maybe fair enough. Because Lana#1's exposure is the repayments, not the capital. @tassiedi@urbanists.social @Lana@beige.party