Archive for September 5, 2013

Facing Bankruptcy? These Three Things Might Make You Feel a Little Better

Written by Channel 8 Cleveland on September 5th, 2013. Posted in Corporation attorney, Filing of bankruptcy, How to hire a lawyer

Understanding bankruptcy

In biblical days, a “jubilee” was held every fifty years. During this time, all debts were discharged. As hard as everyone might wish for it to be so, the “jubilee” does not exist anymore, and if debts become overwhelming, then the last thing that you can expect is a party.

Understanding bankruptcy as it exists today is no easy task, but it is necessary if you are overwhelmed by debts and not sure where to turn. What you need to know about filing bankruptcy cannot be summed up in a 720 word article, but three important points can be communicated. As you work towards understanding bankruptcy in your own case, remember these three things.

  1. You are not alone.<