The Free Zone Board

[was Graywolf]

Re: Debt sucks

This makes me remember the late 80's, early 90's when I was way in debt and flat broke and working 3 jobs at 70 hours per week waiting tables and crap to get out of debt. On the one hand, this will cause more suffering for probably millions of people who are in enormous debt now and will not be able to go the bankruptcy route, but on the other hand if you borrow money, you should pay it back eventually. So, while it is a political payback by both parties for their "contributions" from "donors", some people do take advantage of bankruptcy and the companies absorb the cost which is then passed on to us who pay our bills. Debt sucks.

Tell me about it. I got married in 1983, and we fell into the game quickly. We got ourselves in very deep over the first 5 years, then treaded water for a a while before getting involved with a non-profit credit counsiling service. A couple more years, and we'll be free. A number of family and friends advised us to declare bankruptcy and start over, but my attitude is that I dug the hole, and it's on me to get out of it. I think that I learned more, and will be able to take much more pride from working my way out instead of scrounging off others by weaseling out of my debts. Debt sucks, but it IS educational.