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IT IS NOT ILLEGAL TO GO BROKE BUT YOU DO NOT HAVE TO. YOU CAN GO TO PRISON BY FILING BANKRUPTCY. |
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The book Thinking Bankruptcy? Don't grew out of experience. Having lived through bankruptcy as a corporate executive as a consultant and officer of companies, the author experienced all he writes about. He is an educated erudite 55 year old, a keen observer and talented story teller. His experience took him through the Justine System where he observed first hand a personally the vagaries of justice. He went into business with experience and successes. Like many, he suffered bankruptcy. The circumstances were ot unlike what many readers will encounter, one or all of thing that cannot be anticipate: Undercapitalized, bad location, poor business plan, inexperience, unexpected expenses, market cycles, bad location, natural disruption, family feud, divorce, corrupt partner or associates, shift in public tastes, death, illness-- there are many.
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Very few go into business with fixed objective of going broke, filing bankruptcy and leaving a lot of people as victims. Quite the contrary. Most people compound their own personal situation by no realizing they are facing sure bankruptcy. The stay in there fighting to get a balance, thinking always of the "shame" of going broke. They do not want to hurt anyone and just go on, digging a deeper financial hole for themselves and their business. In the beginning (Sounds Scriptural?) Legislators understood this and bankruptcy laws were instituted to give struggling people in a financial bind a means to recoup, rebuild and MANAGE THEIR WAY OUT OF A TIGHT SITUATION. MAKE YOURSELF A WINNER Somewhere along the line, the idea because much different. This was not necessarily because there was a criminal wave wherein many were being hurt by shysters' schemes. Bureaucrats in the System gradually took over and during a period an alliance was made with prosecutors to consider people who claim the right to assistance of the Courts under law , not as legitimate claimants but crooks, criminals, schemers.
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Today the law reflects concerted efforts of lobbyists who represent major financial institutions to hijack the system. The law in practice is not for the little man, it is for the mega lenders, the credit card issuers, mortgage companies, and others to have their way. The author was joined by others to publish this book and do other work to try to help people Change the law Stop the bureaucrats with names like SEC and IRS from working with prosecutors who have bastardized the Grand Jury and Petit Jury System, indeed the whole Justice System, to do their will. Contact us if you have experience you would like to share, comments you would like to make or criticisms you think might help.
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Get a Debit card than has the appearance of a Credit Card A Lawyer that tells you everything about bankruptcy is rare or a non-existent animal. I will not tell you that the law, whose original intent was to be of help to people facing bankruptcy, is really a tool of the creditors who have the lobbyists and the money Why allow your credit rating to suffer bankruptcy? Read of the alternatives. |
The Book Thinking Bankruptcy? Dares to tell about the risks of bankruptcy and the heavy handed Bureaucrats, Prosecutors and Judges in bankruptcy cases. Discloses how lawyers such money out of clients with full knowledge that the Prosecutor has it rigged from the beginnig. Highlights the advantages of just going broke. Show how just going broke is a much fair manner and is better and safer and easier than bankruptcy |
How this book can save you thousands of dollars What people are saying about Included in the book: Stories of how people have suffered trying to do the right thing in an atmosphere where everything you do is considered a lie and the bankrupt filer, innocent of criminal intent winds up in prison. Your lawyer will guide you into bankruptcy because that is where the easy money is for him. He will never tell you that you enter a major jungle filled with danger when you file. You whole relationship with your creditors changes. |
Answers you can find in this book:
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