Bankruptcy

Storm Preparation: Plan B

By Bill McLeod, Esq.

Recently, I have foun that it is more chapter 13 clientsl contact mes within just a few weeks of a foreclosure auction. Sometimes, it?s just a few days. And even sometimes it is the next (or even the same) day. Never before have I spoken to them. Never before have they contemplated bankruptcy. And never before had they thought they would have to.

I can understand all of that. No one wants to think of bankruptcy. When you open up a high school yearbook and it says ?Future Ambition? or ?Future Plans? you?re never going to read: ?I am going to buy a house, have kids and file bankruptcy.? Years ago, I was active in a local chamber of commerce and a fellow business owner suggested that I not tell people that I was a bankruptcy lawyer since it seemed to ?make people cringe.? (Frankly, I feel the same way about dentists, but I would not tell a dentist that.) I didn?t follow their suggestion.

Full post as published by McLeod Law Offices on September 03, 2008 (boomark / email).