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how can 2 people not handle a $35k debt?

exactly - bankruptcy will clear the debts and as it's recorded on her CRA she sure won't get another loan. it will turn her life around

it's fine to make a commercially irrational decision so long as you realise what you are doing and it's your own money/efforts at stake. Bankruptcy and liquidation are part of the healthy workings of capitalist society.

we have to recolve the other issues first - I said chuck it, but we first need to know if the OP is the father and it would thus mean he is pretty much throwing out his own stuff? Gumtree would be another good option - sell it off for cash

this is a value judgement whioch should play no part in your financial planning. If the person can make more profit by declaring bankrupcty they should act as a rational profit focussed entity and take such action. Don't worry about citibank or whoever it is - their rates are loaded to cover...

why doesn't she just bankrupt? or make an offer of 10c in the $ with the threat of bankruptcy. that clears that problem up. then sort out the relationship and it's all good. tho we are yet to learn if this is secured or unsecured debt, presumably unsecured?

your friend sounds irresponsible and selfish, if he is such a financial guru he should have seen the huge financial returns that condoms provide. this friend is now the mother to be of his child (subject to paternity tests). His financial commitments will now dwarf a measly $35k debt. He really...