This is a article taken from the book How to File Chapter Seven Bankruptcy, by Nolo Press, which explains why filing bankruptcy is a logical course to take in an adverse socio-economic time. Read this and put your mind at ease.

And for those of you wondering how the bankers and mortgage lenders sleep at night after the misery they have caused in the housing market through foreclosures and loan modifaction snafus, check out this piece about how a ”business is business” ethos should apply equally to banks and borrowers.