While “bankruptcy” is one of the most terrifying words in the vocabulary, it’s vital to remember two things about this widely misunderstood concept. The first thing is that bankruptcy is not a moral judgement. Rather, it’s a legal process; and a fairly common one at that. For example, in 2016 there were nearly 800,000 bankruptcy filings (individuals and businesses) in the U.S. So, while it’s not the norm, it’s certainly not the exception either. The second thing is that the courts (which in this context represent “the will of society”) have absolutely no interest — legally, ethically, socially, politically, or…
How to Rent an Apartment After Filing for Bankruptcy
