the following statement just needs a reply to Filing bankruptcy is sort of

the following statement just needs a reply to

Filing bankruptcy is sort of the easy way out for those who have bad spending habbits or gamble with their money. Granted there are some situations that
are unforeseen and there was nothing the person could have done to prevent the situation from happening but most of he people I have met that went
bankrupt did so solely because of their own bad spending habbits. For the most part I see filing bankruptcy as immoral and a lazy way out of debt. Other
than the few cases where someone was unable to prevent it bankruptcy is sseen today as a viable way out. People spend and borrow to no extent knowing that
when the debt gets to be too much they can just file bankruptcy.

Filing bankruptcy can get you out of most of your debts but can also cost you most of your assets. Not having important things like a vehicle and everyday
necessities can make life hard and complicated. If someone were to have have just saved the money themselves and bought things with their own money they
wouldn`t be facing bankruptcy in the first place. their assets would be theirs and they would have little to no debt. Filing bankruptcy stays on your
record for a very long time and your credit score is destroyed. In the long run bankruptcy isn`t worth it. It can cost you a job and the ability to do
the things you want to do in life. Before going bankrupt you should try everything in your power to rid yourself of debt. Consolidating debt is a good
example that works for many people.