You've given this a lot of thought but I think you are a...

You've given this a lot of thought but I think you are a bit lost.

What that statement means is that the act of engaging in an agreement with Chapter 2 will not constitute an insolvency event or a default that will be shown on their credit file.

NOT that there won't be an insolvency event for the customer in future but that any dealings with chapter 2 will not be considered an insolvency event and will not be shown on their credit file.

The comparison between their announcement and nobankruptcy.com's guarantees are silly.

Hope this helps you understand