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by SolaceQuantum 2522 days ago
"It may mess up your credit for a few years, but how many people in the situation have both good credit and will actually use it in the next few years?"

Clarification: Going bankrupt will be a mark on one's credit for the next 7 or 10 years. It may prevent someone from acquiring necessary loans to get a car, housing, opening a small business, and other things people consider to be advancing their life or career.