Woman owes $555,000 in student loans

[Captain Morgan]

Originally Posted by Apoc

Off topic, what is with all the hate you guys have for bankruptcy?

Someone fucks up and gets in over their head, its the best way to straighten shit out IMO. Wipes the slate clean and lets you get on with your life. Its only money.

Sure, i'd much prefer not to, but if it came down to it, fuck it, theres much worse things to worry about.

It's the fact that people are allowed to just hit the reset button and start over, then go on and do the same shit that got them in the mess in the first place. It's one thing if you're living a good life that you can afford, then get seriously injured, have an extended hospital stay, lose your income and go deep into debt. I can understand bankruptcy fora a situation such as that, only if there is no other option. However, many people filing for bankruptcy simply made horrible decisions, file bankruptcy, then start all over again down the path of horrible decisions.