Bankruptcy Refugees: A Double Standard?
When we watch homeowners in the Midwest lose their homes in what seems to be annual floods we empathize, sympathize, contribute and even pray for them. When New Orleans was practically wiped out by Hurricane Katrina we rushed to do our duty as citizens helping citizens.
But when our neighbor has financial difficulties on a smaller scale and considers filing bankruptcy, there is a double standard. Does bankruptcy have to be for only those that suffer complete financial loss and homelessness? Should we not fault those choose to live in the Midwest or the hurricane zone of the Gulf of Mexico with making poor decisions about where to live? Is complete loss really the threshold where our sympathy should kick in?
Or do we have a double standard?