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 0 points 10 months ago* (last edited 10 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?