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>> I'm still left wondering- what is the reason that bankruptcy exists at all. Because society decided that people should have a way out of bad financial situa
by mamon 7y ago
>> I'm still left wondering- what is the reason that bankruptcy exists at all.
Because society decided that people should have a way out of bad financial situation they've gotten into, quite often for reasons beyond their control (e.g. car accident that leaves them unable to work for a long time, and with huge medical bill to pay).
- ethbro 7y agoAka preventing debt slavery.
- chrisseaton 7y ago> car accident that leaves them unable to work for a long time, and with huge medical bill to pay Lol society should have decided to go with out-of-work benefits and free-at-the-point-of-use healthcare instead. It'd be better for the creditors as well who wouldn't get left hanging!
- martin_a 7y agoFree healthcare? Where would that end? In something like communist Europe? Beware of that! /satire