Would you relocate to avoid a creditor?

There are some situations in which one finds self in a bankrupt mess probably as a result of a failed venture with creditors hot on their heels. The heavens seem to have closed and the only respite seems to be to relocate in order to shield oneself from creditors. The greatest temptation for this is especially so with regard to people who are tenants and would be difficult to locate if this occurs. Some go into hiding until their situation improves before they reconnect with creditors.

 

My pride and honour would not permit it!

 

I have to say my generation is pretty bad at this - a lot of people are out for instant gratification when it comes to buying things and being materialistic I think...

In saying that, I can happily say that I don't have debt and I feel great about that. I've always been conscious of finances...growing up in a family that didn't have much has made me aware of ways to save money, and to understand what is a need and what is only a want.

I think that's where a lot of people go wrong. They think the things they want are things they need, when that isn't really the case!