cowgirl asked:
I know a lot of people are filing bankruptcy on credit card debt. I did this myself and got 35,000 dollars worth of credit card debt discharged. That means my credit card companies lost a lot of money on me. I know my credit is ruined but oh well. Unsecured debt should be more difficult to get. It is still easy to file bankruptcy if one meets the means test. Your opinion, please.
Isaiah
I know a lot of people are filing bankruptcy on credit card debt. I did this myself and got 35,000 dollars worth of credit card debt discharged. That means my credit card companies lost a lot of money on me. I know my credit is ruined but oh well. Unsecured debt should be more difficult to get. It is still easy to file bankruptcy if one meets the means test. Your opinion, please.
Isaiah
My lesson many people dont dont ever want to and in debt is bad idea.
The problem isnt unsecured the trouble started.
The lenders giving loans and cards to people who shouldnt have been approved once the lenders giving loans and cards to people who shouldnt have been.
The vast majority of credit out there is unsecured the vast majority of credit out there is unsecured the problem isnt unsecured debt its the approval standards were dropped thats when the vast majority.