Good People File for Bankruptcy

If you’re like most people in financial peril, you regard bankruptcy as a necessary evil.  And, you likely are embarrassed about needing to take advantage of bankruptcy protection laws.  Filing bankruptcy doesn’t change who you are as a person.  It doesn’t turn a good person into a loser, deadbeat, or lazy nothing.  Good people file for bankruptcy.

First of all, know that your situation is why there are bankruptcy laws in place.  If you qualify, you’re entitled to file.  It’s the law.

Second, know that about 2,000,000 people file bankruptcy each year.  There are about 1,400,000 bankruptcy filings annually and many of those are joint (husband and wife) so actually the number of people filing is likely about 2,000,000.  You are not alone.

Third, watch the documentary, Maxed Out:  “With sobering facts, this thought-provoking documentary unveils the consequences of Americans’ collective addiction to plastic debt — including its contribution to the vanishing of a once-robust middle class. Investigating personal debt, the U.S. government’s out-of-control national debt and those who prey on the poor, this film explores the staggering financial burden people live with every day, which has driven some to extreme action.”

The documentary shows how credit card, mortgage loan, payday loan, and other creditors prey on Americans just like you.  They know that they are pushing people into bankruptcy and they just don’t care.  They’ll take what they can get from you; then, hang you out to dry.

It’s available on Netflix

Fourth, people just like you file for bankruptcy for a myriad of reasons.  Often, these reasons are beyond their control and they’ve suffered a combination of setbacks such as job loss, divorce, health problems with high medical bills and income loss, business failure, loss of other income, poor economy, poor decisions, and receiving bad advice.

Where to get help; Call Geygan & Geygan today

If you are considering filing bankruptcy, it is important to discuss your situation with a qualified bankruptcy attorney.  With the help of a professional, you can better understand your options and rights as well as the laws. 

You can also get your own personal bankruptcy questions answered.  Ask the attorneys at Geygan & Geygan if you qualify for bankruptcy.  We can help guide you in this technical legal process.  Call (513) 793-6555, or email thomasjr@geygan.com for a confidential consultation.  Our office is located in the Kenwood area of Cincinnati.  CALL NOW!