Corporation Law

The Pros and Cons of Filing for Bankruptcy

Unfortunately, bankruptcy has been stigmatized in the U.S. for quite some time now. People are seen as lazy, irresponsible, or unethical. However, many Americans are now being faced with making the hard decision regarding filing for bankruptcy because they’ve faced an unexpected crisis (e.g., job loss, medical emergency, divorce). These people are looking for a fresh start and relief from...