Filing of bankruptcy as a serious financial decision?
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miltie
Apprentice
Joined: 15 Jul 2005
Posts: 4
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 Posted: 05/17/08 - 09:35 Post subject: |
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| I have seen so many topics about bankruptcy on this and other forums lately that I am starting to wonder if we have all gone crazy! Thank God that bankruptcy exists, so that we get the chance to start with something remotely resembling a clean slate if we really have to. But do we really see bankruptcy as a serious financial decision, or as the easy way out these days? |
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lacie
Apprentice
Joined: 04 Feb 2008
Posts: 6
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| Posted: 06/16/08 - 03:06 Post subject: |
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| I think that you are making an interesting and valid point there. Of course, unlike what some people think, bankruptcy is not the end of the world, and there is a life after bankruptcy. But it should without a doubt be seen as a very last resort. Bankruptcy does carry very long term consequences, and the bankruptcy period itself is one that is very difficult indeed. |
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