Finally, Bill got very animated discussing how his friend’s recent bankruptcy filing enabled her to walk away from her debts:

“It was hard for me to believe what she was telling me. She had similar debts to me, including credit card, federal student loans and a car loan, and they all got wiped out. Just like that! She gets to keep driving her car and doesn’t have to make any more payments. The crazy thing is that a week later, she got a credit card offer in the mail too, so she will be able to start borrowing again. Oh, and it didn’t cost her anything to accomplish all this. Amazing! This seems like a great route to go, too. Am I missing something?

What should Juanita tell Bill that he is missing?