As a Riverside bankruptcy attorney part of my job is educating the public on what bankruptcy is, as well as, what it isn’t.
And it isn’t a haven for slackers, bums, and other negative stereotypes that have been perpetuated by the media. If you listened to certain news networks you might actually believe that there is a type of person who files for bankruptcy.
This Riverside bankruptcy lawyer can tell you otherwise. Here is a short (and possibly surprising list of famous and beloved Americans who were in debt or filed for bankruptcy):
• Thomas Jefferson, quite possibly America’s greatest mind, died deeply in debt and yet look at his contributions to the birth of America. Had his financial situation precluded him from respect we might not have had a break from England or be the owners of the mid-western half of this country. All of the pundits who seem to take issue with individuals who were “unprepared”, “didn’t save enough”, or took out sub-prime mortgages tend to quote Mr. Jefferson whenever it suits them. I wonder if they would have scolded this Founding Father for not being frugal enough up no his mountaintop paradise, Monticello. I’ll tell you this, I don’t know of any Riverside bankruptcy attorneys who would turn down HIS case.
• Walt Disney is responsible for creating an unstoppable business empire that to this day delights the hearts of children across the globe. But before he became a household name he field for bankruptcy in 1923 when investors pulled out of his first company: Laugh-O-Gram.
• Ulysses S Grant was the Union War General responsible for forcing the tactically superior Robert E Lee to a truce at Appomattox, doing what no other Union General had managed to accomplish in six long years. For this victory he became the 18th President of the United States. He also went bankrupt due to a poor decision regarding a financial firm that he partnered.
• Milton Snavely Hershey—yes, of Hershey chocolates. Prior to becoming the originator of a chocolate empire he ran up serious debts forcing him to file for bankruptcy. This Riverside bankruptcy lawyer is glad that he didn’t let that financial defeat stop him or else my childhood would have gone without the pleasure of Hershey Kisses.
So you can see that bankruptcy has no “type”. If you find yourself so deeply in debt that you are considering bankruptcy then know this: you are someone who fell on hard times—no differently than Ulysses S. Grant or Thomas Jefferson. You can also pick yourself up and do great things with your life should you take the opportunity that bankruptcy affords you. If you are in poor financial shape why should you deny yourself the same fresh start that Walt Disney took before building his financial empire? Let this Riverside bankruptcy attorney help you find your path out of financial difficulties and onto bigger and better things!