[quote=no_such_reality]Yea, imagine, you didn’t have to pay rent or a mortgage for a year, or two or more… and you’re still going BK.[/quote]
While much of what I’ve seen in BK court is despicable (people going on European vacations, more cars than people in the family, etc.), I’ve also tried to help a few friends who’ve found themselves on the other side of that. I’ve personally gone through their finances, and they are tapped out long before they get to making house payments.
After food (incredible cost inflation!), health insurance (more incredible cost inflation!), transportation expenses, utilities, childcare expenses, etc., they are out of money.