Sometimes it seems to me that bankruptcy is allowed to thrive in order to keep an extensive market of bad and no credit cards which help you re-build your damaged credit rating. I think it's unfair to credit card holders because many of them have to file for bankruptcy for their poor knowledge of credit card management and bad spending habits.
I've heard that there are already some credit educational programs and I believe they do help much. But it woluld be just great if suchlike courses were introduced into the school program and children learnt the basics of credit card and financial management.
What do you think?