Over and over I meet people who owe money to their bank but want to leave them out of a bankruptcy. They say “I have been with that bank for years.” Then they tell me what good friends they are with the bank and how the bank is like one of their family. Banks spend millions in advertising to make you believe this. The reality is your bank sees you as a piece of business. They don’t care if you made every payment on time and paid off numerous loans in the past. This is a business relationship and they will drop you like a hot potato if you appear to be a credit risk. You don’t believe me? Ask the bank for credit when times are bad for you. Your bank acts like your best friend when times are good for you but they won’t be there when you really need them. It’s just business to them and nothing more. No one wants to file bankruptcy. But when it is necessary it should be a business decision for you and nothing more. Bankruptcy is just a financial tool. Phony personal relationships should not get in the way of your financial recovery.