Bankruptcy Attorney | Shedding Light on Bankruptcy

Bankruptcy Attorney | A financial commentator for a national news outlet notes in a recent article the one-time depiction of bankruptcy as “a shameful last resort.”

Robert Massi also notes in that same article that any stigma that once attached to a personal bankruptcy filing has largely — and perhaps even entirely — dissipated, owing to what he calls a “new landscape” that has flatly altered the economic circumstances of many millions of American individuals and families.

What Massi is centrally driving at in an article he recently penned for Fox News is that the economic realities that currently face many people are singularly different from the financial factors that routinely challenged them even a few short years ago.

Many of our readers across Florida and elsewhere certainly understand what Massi is talking about. How many homeowners could reasonably have foreseen the great housing collapse several years back? How many among us accurately predicted that millions of Americans would lose their jobs in what came to be known as the Great Recession?

Massi certainly strikes a personal chord with many consumers when he acknowledges that they “have been battered by economic forces beyond [their] control.”

In a sense, that mass economic dislocation has rendered bankruptcy as a highly egalitarian — and, importantly, stigma-free — solution that makes eminent sense for high numbers of people who might have opted to slog it out in bygone years, often to no avail and through a prolonged period of unremitting misery. Massi refers to what has been commonplace to many debtors with insuperable repayment obligations for a long time, namely “years and years of making minimum payments that will never go away.”

Massi encourages people with unworkable debt levels “to stand up” and seriously investigate the debt-relief options offered through bankruptcy. – Miami Bankruptcy

Specializing in bankruptcy and foreclosure law for over 20 years. Call attorney David Pinkston for a free consultation today: 904.306.5791. #FloridaBankruptcyAttorney #FloridaBankruptcy

If you are thinking about #bankruptcy or #foreclosure in the Jacksonville, Florida area, you should call attorney David Pinkston. David is very experienced with all aspects of bankruptcy law yet very personable and easy to talk to. Call Us Today! 904.306.5791