It’s part of the financialization of everything. homes are bought and sold like stocks. Debt is sold to foreign entities like slavery. In the corporate world contracts and laws are amoral. And they are broken on a consistent basis with no fanfare all on the basis of a cost benefit analysis. he entered into a contract with an amoral entity and it would be foolish to operate under a different set of rules than the entity that he is doing business with. It would put him at a disadvantage.
As well as living for “free”. Every default lives for free, Bills period just happens to be a little longer. his actions are perfectly rational given the situation. For him to act otherwise would be irresponsible and foolish.
Seems we don’t like it when humans act like corporate entities.