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Huh?
Excuse me?

Do you guys have a clue about why laws like bankruptcy laws even exist?
Do you know that in England, around the time of the revolution, if someone went into debt, they would PUT YOUR CHILDREN IN JAIL so that you could keep working?
Do you know that meant that due to disease and abuse there was only about a one in three chance you would ever see you children alive again?

So it's irresponsible if Mr. Bill can't afford his credit card payments, but it's ok for Megabux Inc. to welch out on paying Mr. Bill his health insurance, even though Mr. Bill spent 30 years of his life workin his behind off for Megabux and was promised health care? And the reason Mr. Bill can't afford his cc payments is he has to pay his doctor and he can't afford a lawyer to challenge Megabux?

And a big part of the reason that the largest American companies are FOLDING AS MANUFACTURORS AND RETAILERS is that they decided awhile back that they would MAKE MORE MONEY BEING FINANCE COMPANIES?

Do you know that .08 drinking/driving laws were passed even though 99% of the folks who have .08 are fine? Maybe the real problem lies in repeat offenders? You don't think the same principal applies with credit card abuse?

You must live in a world where people never get sick. Nobodies job ever gets outsourced. Lovers are happy and divorce never happens.

What a paradise.
What a dream.
What an illusion.

People in the midwest are paying 50-75% more for natural gas this winter. Yes, they are maxing out their charge cards to pay for heat. Michigan has the highest unemployment rate in the country. For every auto manufacturing job lost, another 5 are lost as well--supply chain jobs to Mabel at the diner. Meanwhile the Enron execs and OJ transferred their real estate to Florida which is immune from the Feds. The banks still keep pumping out the cards at 20-30% interest rates for the commoners. Makes you wonder how and why this country was founded in the first place.

One hard hit with a catastrophic illness especially if you are blue collar can wipe you out and leave you very deep in debt. The situation you mentioned somewhat happened to us. A hospital transfer occurred and the insurance company considered it a medical release. We got the good news a few months later when the 6 figure bill came due from the second hospital. We took full bankruptcy. Credit Counseling would not have changed our situation a bit and would have been more of a hardship to contend with under the circumstances. The news laws look more like corporate welfare than any thing else.

We were lucky the second time when I became disabled as I did not require hospitalization. Bad things happen to people. It is morally right to excuse such types of debt.