Consumers are unaware of the rights they have. |
If someone told you that you have a one in two chance of having a heart attack, you would want to know that because it might change your behavior. This is similar except that it relates to your finances. |
Lots of people see the opportunity to make lots of money off the backs of consumer debtors, and that should make people extremely cautious about this. |
Most people are too scared to ask their medical provider for help. They're afraid that if they ask ... that the next time they have a problem that they won't be able to go back. |
My experience with debtors is that even if you get your life back on track, the experience of bankruptcy and the sense of failure stays with you. |
On the surface, the notion that people should consider their alternatives is not a bad theory, ... the way the system is structured suggests that will not happen. |
Remember: lenders are in the money-making business, not in the gift-giving business. |
There are huge inaccuracies in the data that appear in these reports. |
While there are people for whom this is an easy ride, for the vast majority, bankruptcy is not an easy ride. |