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Questions of morality are difficult to answer outside of the framework of your own religious convictions. However, from a lay perspective, bankruptcy is certainly legal. Consider this fact: over 91% of people filing for bankruptcy have suffered a job loss, a medical event, or divorce.
Those who fraudulently file for bankruptcy are breaking the law. Those with legitimate cause to file are following the law, which humanely allows for a clean slate when debt threatens to make life untenable.
Certainly, one should not rely on bankruptcy, but it is reassuring to know that debt relief is available when it is desperately needed. In the past there were debtor's prisons, and people would actually be jailed for being unable to pay their debts.
Another thought to consider is whether it is moral of credit card companies to charge the interest rates that they do, and to rarely consider lowering rates or payment amounts for individuals unable to keep up, financially.
What else can I help you with?
Can you dispute a bankruptcy?
If it is not your bankruptcy but on your report, yes, you can dispute it.
Can you hold your passport after you get declared bankruptcy?
A bankruptcy filing or discharge in bankruptcy should not have any effect on your US passport.
Do both parties on a joint mortgage have to file bankruptcy on a joint mortgage?
No, both parties on a joint mortgage do not need to file bankruptcy. They can file a joint bankruptcy or a single bankruptcy.
Will your credit rating be affected by your partner filing bankruptcy?
If your partner files for bankruptcy and you don't then the bankruptcy will not appear on your credit report. But you will be partly responsible for before bankruptcy filing. Generally filing bankruptcy will affect the credit rating of the individual who filed it.
Where can you find bankruptcy information?
Bankruptcy information is available from lawyers who specialize in the area. They possess a great deal of knowledge when it comes to bankruptcy. Information about filing for bankruptcy can be found at a local courthouse.
What is immoral lies?
Lies that are immoral.
Do you consider war to be moral or immoral?
It is immoral.
Is Trophy Hunting Immoral?
Trophy hunting is immoral.
Is immoral an adjective to little?
Yes, "immoral" is an adjective that can be used to describe something as going against moral principles. If something is referred to as "little immoral," it implies that it is only slightly or to a small extent immoral.
How do you drown in swag?
by getting immoral people to have immoral activites with
When did Immoral Sisters happen?
Immoral Sisters happened in 2000.
When was Immoral Sisters created?
Immoral Sisters was created in 2004.
What word is nearly the opposite in meaning of MORAL?
immoral, unethical
What is the duration of Immoral Women?
The duration of Immoral Women is 1.9 hours.
Will your licensce be revoked if you are found guilty of an immoral act in which the motor vehicle was used?
No. Immoral is not illegal. While immoral acts can frustrate other people, there aren't actually any rules saying you can't be immoral. However, some acts on the road are ALSO illegal as well as immoral. But if it just immoral, and not illegal, then your licence will not be revoked, you will not be fined or anything (unless it was dangerous).
Is yogurt immoral?
Why would yogurt be immoral? It is what comes out of the mouth that defiles, not what goes in.
When was Immoral Women created?
Immoral Women was created on 1979-03-07.
