I had a refreshing meeting with a client this week in which she had reached acceptance of the need and utility of filing bankruptcy.  Surprisingly, she came to that understanding as the result of meeting with an honest debt management company.  Her counselor at the debt management company suggested that she really didn’t make enough money to make repayment of her debt realistic.

Brett Weiss reported on the experiences of a Chapter 13 debtor conducting a new business after failure of his restaurant business.  A Charlotte NC bankruptcy attorney sees bankruptcy as a way to catch those who are falling.

Lehman Brothers, a long established investment bank, resorted this week to bankruptcy to conduct an orderly liquidation.

Consumers anguished about the thought of filing bankruptcy should look around them and realize that bankruptcy is not a mark of shame, but rather a rational approach to difficult financial situations.

If the situation is impossible, don’t let false pride keep you from a solution and a fresh start.