Personal Finance Tag

06 Aug What Do You Mean I Can’t Afford Bankruptcy?

I’m sitting in my office discussing a prospective client’s financial situation and it is, indeed, grim. The prospective client blurts out that, “it looks like I can’t afford bankruptcy.” Sometimes, that is exactly correct. To be sure, bankruptcy can help most people but sometimes there are situations or folks with particular financial goals in mind for whom bankruptcy may not work. It can be a very disheartening and sober realization. So, what might these situations be?
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