Over the last 20 years the topic of bankruptcy has carried a
negative stigma that has made many people believe that someone who would
file is dishonest or unscrupulous. With this stigma rarely did anyone
look at the true causes of bankruptcy filing and why most people get
forced into it. Most people feel a rush of emotions that include
embarrassment, shame and guilt when having to file bankruptcy to
eliminate their debt. Because of these emotions people start questioning
their own morality and almost think it's criminal to use bankruptcy.
The last time I checked, debtors prisons have been gone since the
mid-19th century. Although the creditors would like you to believe so,
bankruptcy is not a crime.