Let's say I owe 100k in CC debt. The cc company goes to sue. Correct me but civil trials take months, more.for low priority crap like debt collection. Just before the trial date, I find one of the numerous debt consolidation companies which buys the debt for a relative small fee, and a few percent markdown on debt. Then once the former trial date passes I stop paying the consolidation company, and the whole process repeats infinitely with incrementally smaller debt loads.
Where do you see this failing?