All Press Releases for January 17, 2013

Nashville Bankruptcy Attorneys, Clark & Washington, Discuss Singer Meat Loaf's Bankruptcy Troubles

When we hear stories of people going bankrupt, we often think that this is something that only happens to other people, but never to us. We also assume that it doesn't happen to people who were once in good financial shape - not true.

    NORCROSS, GA, January 17, 2013 /24-7PressRelease/ -- Despite what many may think, there are innumerable cases of people being well off before a turn of fortune occurs. The singer Meat Loaf is just one well-known example. Nashville bankruptcy attorneys, Clark & Washington, address his misfortune and how he found himself in that position.

Meat Loaf's Success
In 1977, Meat Loaf released the album Bat Out of Hell, which was his first big success. Bat Out of Hell sold more around 43 million copies around the world. It was one of the best-selling records of all time. It has spent more than 470 weeks on the best-selling album charts in the UK by now, proving it is a timeless classic record.

After Bat Out of Hell's popularity, Meat Loaf had finally hit it big. He went from being an opening act for Cheap Trick to being a main act of his own. Seven years later, however, his popularity had waned. Meat Loaf had a falling out with his managers, whom he claimed were pilfering money from him. He was sued for breach of contract and his assets were frozen. Meat Loaf attempted to record an album to replenish his financial coffers, but the new writer he hired didn't work out. The album was released in 1986, but didn't garner much success. After that, Meat Loaf's money had run out. He was forced to declare bankruptcy.

Return to Success
Although that was a low point in his career, Meat Loaf eventually made it back to his position as a successful singer and musician. He released Bat Out of Hell II: Back Into Hell in 1990, and the album was very successful. He has released several other albums after that and is still making music today.

Learning from Meat Loaf's Struggles
If hearing Meat Loaf's story can teach us anything, it's that bankruptcy can happen to anyone. Meat Loaf had experienced the greatest success of his career less than 10 years before he had to declare bankruptcy. Yet after a completely unexpected turn of events, he was suddenly at the low point of his career. Like him, no one expects things like this to happen, but unfortunately they do.

What to Do if You're in Financial Trouble
If you find yourself in a financial dead end and have gotten in over your head with bills, you should contact an attorney before you do anything else. Bankruptcy is a complicated process and having a Nashville bankruptcy attorney to help you through the process is critical. Nashville bankruptcy lawyers can explain to you the ramifications of filing for bankruptcy, help you to determine if you're a good candidate to do so and then get the documentation filed for you. A Nashville bankruptcy lawyer will be the full source of knowledge you need to guide you through the process.

Bankruptcy is a bump in the road, but not the end of the line! To learn how you can avoid running off the pavement, head to

About Clark & Washington:

Established in 1983, Clark & Washington is now one of the leading bankruptcy filers in the Southeast. They have locations in Georgia, Florida and Tennessee. Clark & Washington specializes in personal chapter seven and 13 bankruptcy. They offer honest, helpful legal advice to those experiencing financial hardships.

For more information, visit

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Allie Petit
Content Manager
Cardinal Web Solutions

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Contact Information

Allie Petit
Cardinal Web Solutions
Norcross, GA
Voice: 4045852096
E-Mail: Email Us Here
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