Re:I'm depressed and going to kill myself and my kids
by kls on Monday March 07, 2011 @08:32AM
(#2297020)
I am living paycheck to paycheck and that I cant seem to find a way out of debt
This is a really good point on this topic. Debt has been the straw that broke the camels back for a lot of people when it comes to suicide and it is sad. At least in the US, we have a wealth of options available to us when it comes to debt recourse. One of the core ideal that our founders held was that we would not be a debtors nation and that at any time one could declare bankruptcy from debt
The only debt that cannot be absolved is debt to the government which pretty much means that if your debt is not tax money owed to the government you can walk away from it (student loans too because they are considered government debt due to the explicit guarantee).
Anyways point it, it is sad that so many people choose such a drastic option when debt recourse is so easy in this country, there is no shame in bankruptcy, especially given the bailouts and the current economic environment. Anyone considering suicide because they are feeling trapped in debt should try bankruptcy first, many will be surprise at how much better they feel after it is all over.
This is a really good point on this topic. Debt has been the straw that broke the camels back for a lot of people when it comes to suicide and it is sad. At least in the US, we have a wealth of options available to us when it comes to debt recourse. One of the core ideal that our founders held was that we would not be a debtors nation and that at any time one could declare bankruptcy from debt
The only debt that cannot be absolved is debt to the government which pretty much means that if your debt is not tax money owed to the government you can walk away from it (student loans too because they are considered government debt due to the explicit guarantee).
Anyways point it, it is sad that so many people choose such a drastic option when debt recourse is so easy in this country, there is no shame in bankruptcy, especially given the bailouts and the current economic environment. Anyone considering suicide because they are feeling trapped in debt should try bankruptcy first, many will be surprise at how much better they feel after it is all over.