• neonred@lemmy.world
    link
    fedilink
    arrow-up
    0
    ·
    edit-2
    11 months ago

    Filing for bankruptcy is offloading your responsibility to others who then have to pay with their money for your faults.

    It’s a cheap way out for people that do not act responsibly.

    Bankruptcy? Okay, but then lose all saying in your money spending because you just proved you can’t handle it yourself.

    • problematicPanther@lemmy.world
      link
      fedilink
      arrow-up
      0
      ·
      11 months ago

      you do realize that bankruptcy does have consequences, right? for one, it’s nearly impossible to find a new place to live if you’ve ever declared bankruptcy. If you work in certain sectors, you can lose your job. if you’re a government worker, you’d lose your security clearance or probably even a public trust. If you lose your job, new companies that might hire you would likely do a credit check for some reason and find you unqualified because of that bankruptcy.

      • neonred@lemmy.world
        link
        fedilink
        arrow-up
        0
        arrow-down
        1
        ·
        edit-2
        11 months ago

        So it’s double-triple bad to have debt? Then manage the finances, assess the risks, cut unrealistic expectations that will toss you into the debt spiral, because it’s triple-bad. Who is to blame?