Because it's the right thing to do.
Because you don't want Karma to bite you in the a--.
Because not just creditors but also employers and insurance companies use your credit report to determine how responsible you are.
Because bankruptcy costs you in attorney fees, and filing may not be as easy as you think. You may be required to file for Chapter 13 instead of Chapter 7.
Because bankruptcy is a cost to everyone, not just the lender. That includes you.
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