Is this the real #1 mistake that people make about bankruptcy in AZ?
Well, yeah, I think it probably is the single worst common bankruptcy mistake that most people make; mind you, there are plenty of other mistakes, but some of those can be fixed in one way or another.
And here is bankruptcy boo-boo numero uno: a lot of wonderful, responsible, stand-up folks spend the entire amount they have in their retirement accounts, both 401(k) and IRA, in a futile attempt to drain their ocean of debt.
And then, when they've dumped all the value that would have been saved if they had talked to me sooner, they decide they might as well file a bankruptcy.
Now, am I going to be mean to them about that? Of course not!
They were trying to do the right thing!
They are more to be pitied than censured.
Well, yeah, I think it probably is the single worst common bankruptcy mistake that most people make; mind you, there are plenty of other mistakes, but some of those can be fixed in one way or another.
And here is bankruptcy boo-boo numero uno: a lot of wonderful, responsible, stand-up folks spend the entire amount they have in their retirement accounts, both 401(k) and IRA, in a futile attempt to drain their ocean of debt.
And then, when they've dumped all the value that would have been saved if they had talked to me sooner, they decide they might as well file a bankruptcy.
Now, am I going to be mean to them about that? Of course not!
They were trying to do the right thing!
They are more to be pitied than censured.
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