SHOULD I FEEL GUILTY ABOUT FILING BANKRUPTCY?

The short answer, no. Almost all of the debt eliminated in bankruptcy is owed to banks and credit card companies. These business have recorded record profits, in the hundreds of billions in the last few years alone. They have received additional billions of dollars in bailout funds from the government while foreclosures and aggressive debt collection have continued. If it is a choice between paying your credit card debt, and needed medical care for you or your children, car repairs, food and clothes for the kids, do not feel guilty about choosing your family over paying the bank.

Ed Shaw