By James Keenan on Wednesday, 08 March 2017
Category: Bankruptcy Benefits

Sacramento Bankruptcy: Donald Trump Filed 4 Times (Don’t Be Deterred by a Supposed Bankruptcy Stigma)

Sacramento Bankruptcy: Donald Trump Filed 4 Times (Don’t Be Deterred by a Supposed Bankruptcy Stigma)

Bankruptcy is a powerful tool to eliminate or reorganize your debt. When your debt is beyond your ability to repay, bankruptcy can be a way out.

Individual debt relief is no different than a business filing. The point is to pay what you can and eliminate what you can’t. Business filing are done for the sake of the enterprise. Personal bankruptcies should be viewed in the same light. Though the enterprise in a personal filing is self, the concept of debt relief is the same. As Donald Trump declared in response to his business interests filing bankruptcy 4 times, it is “smart”. See for yourself his bankruptcy story.

Bankruptcy law allows you protection from your creditors. Don’t be dissuaded by a supposed bankruptcy stigma. Filing bankruptcy in a business setting is seen as strategic and financially wise. Personal bankruptcy should be perceived the same. If you have the legal opportunity to eliminate your debt or dwell on your inability to repay it, choose the former rather than the latter!