The point is that theft is theft.

Not being able to pay when you genuinely intended to is one thing, and banks are obliged to agree terms with you for paying it back as you can. Ultimately, courts can impose settlement plans in such cases.

The idea put above that got my goat is one of the reasons banks have to write down so much debt in the first place and pass on the costs to responsible customers in one form or another.

Why do so many people think their financial irresponsibility is acceptable but think attitudes of others have created the problems in the first place?