North Carolina Bankruptcy Lawyer Blog Charlotte NC Chapter 7 and Chapter 13 Information

Thursday, September 23, 2010

What does a bankruptcy debtor look like?

Bankruptcy clients don't look or act any differently than anyone else. They hold jobs, have kids, are retired, go to church, belong to clubs, volunteer. People who file for bankruptcy come from every walk of life. They are your neighbors, your co-workers, your friends, and people you pass on the street. They are poor and middle class. They are renters, home owners with modest homes and luxury homes. I could go on, but you get my point. Especially with the economy the way it is today, you just can't look at a person to see if they are bankruptcy. Not even yourself. Sometimes the only thing standing between someone who is bankrupt and not bankrupt is a few paychecks.

Most of my clients would rather do anything than talk to me (a bankruptcy attorney), so they put off calling for months, often years. The one thing that almost all my clients have in common is that they are good people who would pay their debts if they could. Almost every one who comes in tells me that they never imagined that they would find themselves facing bankruptcy. Most have tried everything they could not to consider bankruptcy, including trying to solve their problems but only digging their financial hole deeper. There is always a final straw, a feeling that they are descending a staircase to nowhere. Help may be found in bankruptcy. It provides a fresh start to many. It eliminates debts they may never be able to pay. Until you speak to a lawyer, you won't know if it will help you. Don't wait until you are at the bottom of that staircase. Ask for help.