A poster in another forum stated 'Bankrupcty is good for the economy...'. I was the only one to disagree with the post so I am not sure how others feel.
How can BK be good for the economy? My tax money is going to banks that are getting bailed out because people are not paying their bills or their mortgages. Fannine and Freddie are costing me lots of money.
Personal BK is only good for the person filing and the lawyers so please do not make the decision to file BK because you think no one will be hurt because people are hurt.
Personal BK is a wonderful tool for those with severe permanent medical disabilities.
Vote Libertarian.
Originally Posted by ....
The option for bankrupcty encourages people and companies to 'if at first you don't succeed, try, try again'. Lots of bankrupt people end up very rich, and bankrupct companies end up employing thousands of people, which leads to more tax income, and etc. Bankrupcty is good for the economy- the only shame in it is being able to file, and not taking advantage of that constitutional right~
How can BK be good for the economy? My tax money is going to banks that are getting bailed out because people are not paying their bills or their mortgages. Fannine and Freddie are costing me lots of money.
Personal BK is only good for the person filing and the lawyers so please do not make the decision to file BK because you think no one will be hurt because people are hurt.
Personal BK is a wonderful tool for those with severe permanent medical disabilities.
Vote Libertarian.
Originally Posted by ....
The option for bankrupcty encourages people and companies to 'if at first you don't succeed, try, try again'. Lots of bankrupt people end up very rich, and bankrupct companies end up employing thousands of people, which leads to more tax income, and etc. Bankrupcty is good for the economy- the only shame in it is being able to file, and not taking advantage of that constitutional right~
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