Bankruptcy

 

Bankruptcy

Rising inflation, major layoffs in tech, and economic uncertainty have forced people to consider bankruptcy. We explore the issues surrounding bankruptcy filings and help our clients make well-reasoned decisions.

Unfortunately, many people equate financial loss with personal failure. In most instances, this is not true. More likely, they are victims of a shifting job market, an economic downturn, or merciless CEO intent on downsizing the workforce to please shareholders. People closely identify with their work and losing a job often equates to losing one’s identity. A provider and protector becomes neither or at least feels that way.

For those in need of bankruptcy protection, we encourage them to fight their way back. Though filing for bankruptcy will not solve all your problems, it can be an essential step toward financial security.