Comments on The Bankruptcy

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I'm on the edge of my seat.  Looking forward to the next installment.

posted by Amanda__ on May 5, 2026 at 6:02 PM | link to this | reply

Good Evening

FSI, I had no idea your family went through this financial trouble.  Thank goodness everything is back to normal.  The time you mention was a very bad time for a lot of people. There were many people who lost a lot of money. I'm glad your Mom and Dad are still close, even though they went through so much.  

posted by Goldiec on May 5, 2026 at 5:25 PM | link to this | reply

It's always better to pay things off but there are circumstances when that can't happen. When a bank wants it all they are probably in worse condition than the one with the loan. The time you refer was difficult for many people. I had to sell my townhouse for a loss. I suspect your dad needed you to get going because he was masking his worry and didn’t want to project it on you.

posted by sam444 on May 5, 2026 at 12:22 PM | link to this | reply

Crikey!, that was a bad call. No wonder you felt worried. It could have been the end. Dad was not giving in so easily 

posted by C_C_T on May 5, 2026 at 12:17 PM | link to this | reply

Nobody wants to file for bankruptcy, but sometimes it is the only answer when consolidating debt still doesn't work with what you can afford. It is also detrimental to your credit score. Overspending with no income to cover is a hard pill to swallow, but it happens, especially when a medical crisis sinks you in a river of doom with non-stop bills. I'm sure your dad got everything worked out and has since recovered.

posted by Sherri_G on May 5, 2026 at 8:32 AM | link to this | reply