Fred, It is so nice when you and I agree! I started in business with the firm belief that people were generally honest, and if treated decently, would pay the bills that they owed. After all, I paid my bills, no matter what. Sometimes due to circumstances beyond my control (a sick child, an unexpected auto repair, etc.) it took a little longer than expected, but I was brought up that if you owed money, you paid it back. Setting out on this course in business, I encountered $12000 of bad debt in the first three months that was never collected. That sort of thing kind of gives you some wisdom about people. I have forgiven many thousands of dollars of debt over the years when I could see the hardship of unforseen circumstances, but by and large, there is a new mentality that I see ever increasing that the responsibility of debt is not being accepted by the people who incur it.