Who bears the moral blame for America’s bankruptcy struggles? Explain.

Bankruptcy—Who Is to Blame? Commenting on the 2005 bankruptcy reform law, Todd Zywicki, a George Mason University law professor, said, “This is a matter of morality and personal responsibility.” Consumer advocates, on the other hand, say the bankruptcy problem lies with the “enablers”—the credit card companies and mortgage lenders who encourage deeper and deeper indebtedness. Question Who bears the moral blame for America’s bankruptcy struggles? Explain.