Personal Bankruptcy is worth doing

"I should have NEVER allowed a 13 year old to debate me. Of course I get a forfeit!" -The words of my opponent. In most eyes, these can be hurtful words, and in most eyes, these are rude words, not accepted in debate. So, I ask voters, just because I forfeited one round, not to award conduct points to my opponent because of his third round/comment. Before I begin, I would also like to apologize for my forfeit. I shouldn't have started this debate, because (1) my opponent obviously does not like me, and (2) finals are upcoming, and I was busy studying, so, naturally, time got away from me and it automatically forfeited. So, my opponent won't have any opportunity to present refutations to my arguments. I will not present refutations to his, therefore making it even. Also, before I begin, I would like to point out that my opponent utterly detests me only because of my young age (13), however he does not even state his age, and the one he states is indeed a lie (99). So now, with that aside, I would like to present my main arguments. My opponent has stated that there are only three negative consequences to bankruptcy, however I disagree, and I will prove this throughout my arguments. Argument 1: Personal bankruptcy is not worth doing because it ruins your credit for a minimum . Personal bankruptcy releases you from many debt obligations such as credit cards, however this is shown on the credit reports and drastically lowers your FICO credit score. Not to mention, when bankruptcy is filed, your credit cards are taken away. So, filing bankruptcy means that you're now on a strictly cash spending 'diet', and who uses cash anymore? The majority of people today in the modern world use credit cards. Therefore, personal bankruptcy harms your credit and your spending. Argument 2: Personal bankruptcy is not worth doing because it stigmatizes you as being irresponsible, unreliable, and immoral. When bankruptcy is declared, you have had debts on a number of things, such as a car, a house, a washing machine, dryer, etc. and essentially, you don't pay for it. This is like stealing. You know you can't afford to buy it, yet you purchase it on credit and you don't pay for it, so who then pays for it? The people who pay for it are everyday people like you and me, or the store owner, who has to pay for the person's debt. So when we go to buy it, it's that much more because of the person who declared bankruptcy. Therefore, personal bankruptcy is immoral because it makes other people suffer. Argument 3: Personal bankruptcy is not worth doing because you will become part of a public record. In many court documents, if personal bankruptcy is filed, and this can even extend to the newspaper, all because you stupidly filed personal bankruptcy because it was "worth it" as pro is suggesting. Therefore, you will not be able to keep your finances private if you file personal bankruptcy; your finances will go public, and most people like to keep them private. Voters, before this round is over, let me remind you, that if you file personal bankruptcy, you need a plan to pay it back when your bankruptcy is over. But how will you pay it back if you have bad credit and no credit cards? Can you pay thousands of dollars in cash? Probably not, because you're bankrupt. In conclusion, I believe that personal bankruptcy is not worth doing because it ruins your credit, it stigmatizes you as being irresponsible, immoral, and unreliable while other people suffer for your mistake, and lastly because your finances will go public. Thank you for reading, and please vote for the Con side of this debate. Good luck pro!