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Is filing bankruptcy better than just not paying your debtors back?

dollars to pay debts

Many people feel really bad about the decision to file for bankruptcy, and there are a number of situations in which bankruptcy is not the right solution.  However, in many instances the people who feel bad cannot, despite their absolute best efforts, payoff the debts that they owe.  In such situations, is it better to just not pay your bills or is a more ethical to file for bankruptcy?