I have mixed feelings on this. If I lend somebody money without any reasonable due diligence on my prospects to be repaid, it is true that the borrower still ow

I have mixed feelings on this. If I lend somebody money without any reasonable due diligence on my prospects to be repaid, it is true that the borrower still owes me, but it's the height of entitlement for me to go complain to the government that I need special treatment under the law (bankruptcy...) because I made a poor lending decision.