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Bankruptcy: Is It Ethical Or Not To Avoid Debt

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The concept of ethics in society today is regularly skewed. Determining if it ethical or not to avoid paying debts by going into bankruptcy, solely depends on the person's definition and understanding of the bankruptcy processes and the financial situation of the person involved. A vast amount of individuals in society may elect to say that it is unethical for people to avoid paying debts by going into bankruptcy. For example, if someone were to ask an individual who has a great paying job, has little to no obligations, and are in a stable financial position, they may agree that filing bankruptcy is unethical. Whereas, the views of an individual who is unemployed, and have accrued a generous amount of debt due to divorce and medical bills,

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