Quote Originally Posted by Squirt
It would be wonderful if those who declare bankruptcy were able to return the good for what they owed on them, unfortunately if they did that, the companies that sold them the good wouldn't have as big a write off as they do when someone goes chapter 11.

Unfortunately in today's society there is a big payoff for credit card company, and corporations, to over extend credit to people. If corporations didn't get write offs for non pays, they'd be much more frugal who they give credit to. If our society didn't put so much value on consumerism and having what you do gives you worth, less people would feel they need those things to be accepted in society.

If we delve deeper into why most people over extend themselves, it's because they are buying things they are conditioned to think they need to have to be a "normal" part of society. If business didn't perpetuate this myth of "consumerism is good" then we'd have far less debt, happier citizens, and less worldwide conglomerates.

Ultimately we are each responsible for ourselves... but it's important to remember that a lot of people work 9-5, or two jobs, believe what they are fed, and act what they are told is appropriate. They are the sheep, and they are being hearded. It's just the way things are.

I've worked for many large companies/corporations that gladfully accepted back merchandise, which was then reduced in price and sold ... to people like me.

As for that sheepish comment ... amen brudda ! I must admidt, trend does show me what not to do.