Quote:
Originally posted by Peaches@Apr 3 2004, 04:59 PM
OK, since Gonzo made a thinly veiled reference to it, I will ask a question which sparked a bit of a disagreement a few weeks ago 
Let's say, for example you own a business and someone steals a large amount of money from you. The business is currently worth $100K and you owe $400K to your creditors which includes friends and strangers - all business dealings, not personal. You only owe $100K of that to your friends. Do you pay your friends 100% what you owe them or do you pay everyone 25 cents on the dollar? Would you pay your friends the $100K and then sell your house, your car, your stocks, etc. in order to pay the other creditors? Or do you pay your friends and let the other businesses realize that sometimes the cost of doing business is to have a loss?
I said I would pay the $100K to my friends and close up shop. I know when my ex-husband ran up tens of thousands of dollars in credit card bills and I was required to pay them (funny how that works - if both your names are on the card, the one they can find is the one who pays - screw what your divorce decree says) I filed bankruptcy against those bills only. I paid anything I owed BEFORE I filed. We would have had to live in complete poverty to pay those bills and quite frankly, I wasn't willing to do that to cover something I had no control over. I don't think I did the dishonorable thing. Gonzo thinks differently. 
Discuss 
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So you fucked up. After all this bullshit you have posted about me, you are a deadbeat?
"I don't want to think about today, I'll think about it tomorrow."
Southern belle....lmfao