In this article about Donald Trump and bankruptcy, the author makes the following assertion which helps sum up the Greenwood Law Firm theory on insolvency and judgmentalism with regard to bankruptcy:
“Debt is a two-way street, with both the borrower and the lender taking a gamble on an economic endeavor they hope will pay off sometime in the future. Both are equally responsible for making sure the risk they’re taking isn’t a stupid one, and both are equally obligated to eat the losses if things go south. Neither one is intrinsically more sympathetic or morally righteous than the other.”