ATLANTA, GA, April 12, 2012 /24-7PressRelease/ -- Even some of the most financially successful Americans have faced the financial difficulties of bankruptcy. The Atlanta bankruptcy lawyers at Clark & Washington wish to remind Atlanta residents facing financial hardship that even financial wizard Donald Trump has undergone bankruptcy proceedings and come out on top.
Due to both recession and some poor loan decisions, Trump originally reached business bankruptcy and nearly hit personal bankruptcy in 1991 during the building of his Taj Mahal casino. In 1992, the Trump Plaza Hotel was forced to file for chapter 11 bankruptcy. Donald Trump was over $900 million in personal debt at this point and had $3.5 billion in business debts.
Trump struggled out from under these debts only to end up with more financial troubles on his properties. In 2004, Trump Hotels voluntarily sought bankruptcy protection to stay afloat. Even as recently as 2009, certain Trump properties have filed for chapter 11.
In spite of these multiple business bankruptcies and near-misses with personal bankruptcy, Donald Trump has resurged to become one of the best known success stories in America. As of 2011, his personal net worth was valued at $2.9 billion in Forbes magazine.
Atlanta bankruptcy attorneys from Clark & Washington see Trump's story as an inspiration for people struggling with bankruptcy in Atlanta. Undergoing Atlanta bankruptcy can often be the best financial move for individuals suffocating under debt, and filing for chapter 7 or chapter 13 bankruptcy is not an indicator of anyone's financial future. As Donald Trump's success proves, you can recover from personal bankruptcy.
With over 25 years of experience, the Atlanta bankruptcy firm Clark & Washington helps Atlanta residents facing bankruptcy in Atlanta with the skill and compassion they deserve. The Atlanta bankruptcy lawyers at Clark & Washington specialize in chapter 7 and chapter 13 personal bankruptcy. For more information, or to schedule a free consultation with an Atlanta bankruptcy attorney, visit http://www.cw13.com.
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 7 and chapter 13 bankruptcy. They offer honest, helpful legal advice to those experiencing financial hardships.
For more information visit: http://www.cw13.com.
For all media inquiries, please contact:
Caity Cogdell
Project Manager
Cardinal Web Solutions
http://www.CardinalWebSolutions.com
# # #
Contact Information
Anne Forehand
Cardinal Web Solutions
Atlanta, GA
USA
Telephone: 4045852096
Email: Email Us Here
Website: Visit Our Website