Is Bankruptcy Immoral? Am I Just Taking the Easy Way Out?
Some people argue that filing bankruptcy is taking the easy way out. I suppose that it could be the easy way out if you never tried any other way to pay your debts. However, most people try their best to avoid bankruptcy. Some people even sacrifice their health and relationships in an effort to pay bills that are beyond their ability to pay. Bankruptcy is a gut-wrenching experience that most people try very hard to avoid.
Also, bankruptcy is a legal remedy made available by your United States’ Constitution. It was recognized by our Founding Fathers that there are certain circumstances where a person or family simply need relief from their debts. And bankruptcy relief is only available to people that actually qualify for assistance.
Is it wrong to file bankruptcy? No, not if you need the help. You should not be forced into virtual life-long slavery to your creditors because you had a medical emergency or loss of employment. Bankruptcy is rarely the first choice. But sometimes it is simply the best choice when all the options are considered.