The Vermont Catholic Diocese Filed Bankruptcy. So Why Are You Being Told It’s Shameful?
The Vermont diocese spent $2.1M on lawyers and shielded $500M in property — then filed bankruptcy. If it’s not shameful for them, it’s not shameful for you.
The Vermont diocese spent $2.1M on lawyers and shielded $500M in property — then filed bankruptcy. If it’s not shameful for them, it’s not shameful for you.
Quick Answer: Credit card survival guilt is often misplaced when facing genuine financial hardship, as debt problems typically stem from underlying income issues rather than overspending. Wayne’s situation illustrates how a $845 monthly Social Security income creates an unavoidable imbalance between earnings and necessary expenses, making credit card dependency a symptom rather than the root …