Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - Aren't bankruptcy laws kind of pointless? - The more I hear about people declaring bankruptcy the more it makes me think the whole system is flawed. If you file bankruptcy you can clear many of your debts and it is a fact that credit card issuers will offer you MORE credit card offers after you've declared. Let's say you take those new offers and then don't pay them. You can't declare bankruptcy again but they can't throw you in jail so what happens? What is the punishment for non-payment when bankruptcy isn't an option? Nothing. -