When businesses default on debt it is considerd part of a business decision even when that default is aimed at avoiding paying benefits owed to loyal workers. When an individual makes a decision to default on their debt, because throwing good money after bad makes no sense for their future it is viewed not as a business issue but as a moral failing. This is wrong. If a person is faced with decisions about their future and their ability to provide for themselves and their family, deciding to default on a debt IS a business decision.
As the average taxpayer you didn’t commit fraud and the financial collapse isn’t your fault. Yet you pay to bail out the financial institutions that did cause the collapse and you are guilted into continuing to pay a mortgage on property you will lose money on. You are paying twice to ensure the banking industry makes money. They keep stealing, why should you keep paying?