The Folding of the Indebted Subjectivity. Outline of a Derivative Govermentality of Debt. In the present paper we attempt to map some lines of the individual relation of the debtor with the creditor in contemporary capitalism, the impotent presence of guilt and the possibilities of empowerment that the appropriation of financial type tactics brings to individuals and households. Beyond the influential and important work of M. Lazzarato, that which has to be investigated is the adventures of the subjects, the differential lines of subjectivity, in its meeting with the recodified logic of debt politics in the era of financialization.