The growth of consumer and mortgage finance is a modern phenomenon but I've often wondered what happened to those with private debt obligations after World War One and World War Two. Obviously, people couldn't repay their debts. Were their debts forgiven? Were they made bankrupt with no prospect of being able to borrow in the future? Evidence of debt forgiveness from any of the UK, Germany, France or the Netherlands would be great.
closed as unclear what you're asking by Michael Seifert, José Carlos Santos, John Dallman, Lars Bosteen, DevSolar Jun 14 at 13:34
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