Comments about ‘Bankruptcy scars: the long term impact of clearing the deck’

I realize this study had a particular goal, but the lack of relative data . . . i.e., what it's like to declare bankruptcy, but to really make sense people need to compare the experience of bankruptcy to the experience of carrying the burden of debt, to be sued, to have your possessions taken from you, to be harassed, to never be able to rehabilitate your finances or your credit, to have no empowered role in your economic future . . . well all of that is much more debilitating than the effects of bankruptcy. Bankruptcy is a tool to heal and rehabilitate. Yes, bankruptcy is not all gumdrops & rainbows, but it is the definite lesser of two evils & pro-individual/pro-community. With bankruptcy the debtor has a chance to rebuild and recreate in a meaningful way. Other countries that don't offer bankruptcy or offer it far slower are fairing much worse than we are, as are their citizens. Thank goodness the U.S.A. is more progressive. All readers should be aware of the fact that this is a very one-sided article and therefore it's value is difficult if not impossible to understand.