Anaheim / California / United States
The decision to file bankruptcy may feel like the most difficult decision you have ever been faced with. One reason this decision seems so monumental is because debtors approach it as a moral dilemma. The decision to file for bankruptcy is a business decision, not a moral one. When creditors extend credit, they don’t make that decision based on morality, whether the borrower is a nice person, or because they like the debtor personally. Creditors extend credit because they are going to make a profit on debtors, not because they believe it is “the right thing to do”. Please don’t forego your Constitutional rights as guaranteed by Article 1, Section 8 of the United States Constitution because you feel guilty about not repaying an entity that has gauged you on interest and fees for years.
