Regular written contracts are not automatically enforced.
Not a lawyer here but I’m guessing.
Not all legal loopholes automatically deprive you of all your savings. Intentional loop holes only go so far before consumer protection or other entities overwrite it. And if both parties are in agreement and in good standing you can figure out a way to find a reasonable compromise.
Indeed, contracts can be invalidated if they're abusive. For example, there's a doctrine in contract law called unconscionability. If you buy an airline ticket to Boston, the captain can't say upon landing "Welcome to Boston! You can pay $10,000 to deplane or we'll take you back to where you departed." Or let's say that, when you agree to the terms for a e-commerce site, buried deep in the terms is a clause saying the site gets half the money in your bank account. Sure, both parties might've technically agreed to the contract, but the contract probably isn't enforceable.
*Not a lawyer either, but I've read some introductory contract law stuff. All I know is this: you don't want to rely on the courts to save you, since they generally err on the side of the literal contract, but I don't spend much time worrying about accidentally agreeing to a contract that will sell myself into slavery.
Not a lawyer here but I’m guessing.
Not all legal loopholes automatically deprive you of all your savings. Intentional loop holes only go so far before consumer protection or other entities overwrite it. And if both parties are in agreement and in good standing you can figure out a way to find a reasonable compromise.