On the other hand, getting older beats the alternatives, as I point out in my health blog of the same name.
Bankruptcy, post 2005 amendments, is similar.
It's no fun. Really. Am I sugar-coating this?
Bankruptcy involves a process that nobody likes, and that includes making complete lists of what you owe and what you have, and being held to a very high standard indeed as to completeness and honesty, and the anxiety-provoking first meeting of creditors.
But even though bankruptcy is no fun, it sometimes beats the alternatives.
Actually, most people wait far too long before consulting a board-certified, AV rated, AVVO 10 bankruptcy lawyer in Arizona. I talked recently to a very nice, very smart couple with five children who defined hard working: "after his lung collapsed, I made him quit his second job".
They're going to experience bankruptcy as a relief, and their fresh start may let them spend more time together and with their kids; and that's a good thing.
But remember. Bankruptcy is no fun, and you have to understand that as you make a decision to file a bankruptcy. But often, in this economy, there are no effective non-bankruptcy alternatives, and although bankruptcy may hurt (like a penicillin shot), sometimes it is the best alternative and the best choice for you.
Here's a scary video that's probably a little too scary; I just want my clients to know that it's not much fun, so they don't think I sweet-talked 'em into filing.
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