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How to Declare Bankruptcy

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Author's Note: How to Declare Bankruptcy

About 2,500 people and businesses declare bankruptcy each day in America. Last year, that added up to nearly 1 million people who became so overwhelmed by debt that they were willing to put a black mark on their credit reports for a decade in exchange for a fresh start. My heart goes out to families who suffer through a financial calamity that leads to foreclosure or bankruptcy. I'm grateful to know that in cities throughout the country, there are free legal aid organizations in which bankruptcy lawyers provide pro bono services to low-income community members. Lawyers get a bad rap, but I've personally known several attorneys who volunteer a significant amount of their time to helping folks navigate the legal bureaucracy and get their lives back in order.

Related Articles

Sources

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