Since I ranted already today, I thought I'd continue with declaring bankruptcy. On the savingsadvice message board, there is a woman choosing to declare bankruptcy. I'm okay with that because she has a lot of bills she cannot seem to pay.
However, she writes about declaring bankruptcy here, but in her post she says "At this point my expenses are really low – cell, student loan, cable bill, food, braces and riding lessons for dd, that’s it. I bring in more than enough to pay all those, pay myself (envelope system) put some in retirement and still have some walking money. So right now I’m doing so much better than I was a year ago. I really have to thank the hard hitting members of this board for that. It was difficult to face my debt, and hard to admit, but I’ve taken quite a bit of advice here, working the second job last year really helped also. "
Um, how can you declare BK when you still have cell phone, cable, braces, and riding lessons? That's a lot of fat in a budget. I am really upset that people like this can just declare BK and buy whatever they want obviously, live a pretty nice lifestyle (I don't have riding lessons), and still walk away?
Excuse me? Where's the personal responsibility for paying back bills you charged? Or paying off a care you choose rather than repossessing it? Where's the responsibility to pay back bills you ran up (medical, dental, etc) than just getting rid of them in BK?
Sorry but if still have cable, cell phone, riding lessons, etc, you aren't doing everything possible to pay off debt. And it's not the CC companies, doctor's office, etc fault. It's pretty obvious it's the person's lack of integrity.