All Press Releases for August 03, 2011

Orlando Bankruptcy Attorneys at Clark & Washington Clear Up Common Misconceptions About Bankruptcy

Clark & Washington, an Orlando bankruptcy law firm, sets the record straight on many common myths about bankruptcy.

    ATLANTA, GA, August 03, 2011 /24-7PressRelease/ -- Clark & Washington, Mid-Florida's largest bankruptcy filer, would like to inform the public and clear up the confusion and concerns that most people feel about bankruptcy in Orlando by dispelling some common bankruptcy myths and misconceptions. The knowledgeable and experienced Orlando bankruptcy attorneys at Clark & Washington are committed to helping those experiencing financial difficulties understand their options and the process of filing for personal bankruptcy.

While some people see bankruptcy as a sign of failure, the Orlando bankruptcy lawyers are quick to point out that bankruptcy can happen to anyone. In most cases, those who file for bankruptcy do so after a life-changing experience such as a sudden job loss, major illness, or divorce. Some notable figures who have filed for bankruptcy at some point in their lives include P.T. Barnum, Mark Twain, Jerry Lee Lewis, and Burt Reynolds.

Another common but unfounded belief that most people share is that those who file for bankruptcy lose all their possessions and have a permanent black mark on their credit. On the contrary, filing for bankruptcy actually helps you to keep your possessions. Although you may be unable to avoid losing some possessions or your home when filing for Chapter 7 bankruptcy, most belongings are protected. Although filing for bankruptcy does have a negative initial impact on your credit score, you will be able to begin rebuilding your credit shortly after your bankruptcy is discharged.

During this difficult economic time, the Clark & Washington believes that everyone should be fully aware of the financial tools at their disposal. Individuals considering bankruptcy are encouraged to visit a Clark & Washington law office for a free consultation with an Orlando bankruptcy attorney.

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About Clark & Washington:

Established in 1983, Clark & Washington is now one of the leading bankruptcy filers in the Southeast, with locations in Georgia, Florida, and Tennessee. Clark & Washington specializes in personal chapter 7 and chapter 13 bankruptcy, and offers honest, helpful legal advice and assistance to those experiencing financial hardships.

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Atlanta, GA
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