Jenny Beth Martin, Tea Party Patriots Founder, Collecting Half-Million Dollar Government Bailout

[gtar100]

21. Bankruptcy got me off the streets, from living out of my car after a year and a half.

Through it, I got out of $1500 of credit debt, and the remaining $3000 on my car. In exchange I gave up said car, was able to continue paying child support and alimony, continue to pay off my student loan, and move into a $500 a month studio apartment close enough to work I could walk or ride the bus. I'm sure Wells Fargo and Target are doing just fine despite my having "stiffed" them. Uncle Sam hasn't missed a dime from me and no landlords (god bless their intermediary souls) or small businesses were part of the deal. But they easily could have been if I were a more active consumer.
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No doubt people abuse bankruptcy but don't be too quick with your disdain. There are real, sensible reasons it is a legal practice. There is good reason it's called "forgiveness". You might be someone who's never needed any of that. I don't know. I'd have to know you personally to know that, just like I'd have to know more about each individual or business that filed for bankruptcy to know whether or not it appears justified to me. But that's the role of the judge. They are better at that sort of thing than me.