All Press Releases for December 19, 2012

Atlanta Bankruptcy Lawyers, Clark & Washington, Address Harry Truman's Bankruptcy Filing

The law firm is stressing the importance of debt management to residents of Atlanta. The case of President Harry Truman's bankruptcy filing is a key one to illustrate in this regard.

    NORCROSS, GA, December 19, 2012 /24-7PressRelease/ -- Filing for bankruptcy is often a very hard decision to make for most Americans. Aside from the negative effects this financial status can cause, it is also difficult for most people to accept their losses. Most consider the act a state of failure, an admittance of wrongdoing. The Atlanta bankruptcy law firm of Clark & Washington wishes to tell residents that this could not be any farther from the truth. Everyone makes mistakes, but it is how one reacts to these mistakes that define their character. The firm cites the example of former U.S. President Harry Truman to drive this point home.

Many presidents have filed for bankruptcy, but Truman's story warrants some well-deserved attention. By many accounts, Truman was not a wealthy person. He did not come from a privileged background, as his time in office was the first point in his life where his financial situation was not pressing. In fact, due to his struggles, Congress passed a law that doubled the salary the President would earn thereafter. Truman worked very hard to keep his family out of debt, but when a clothing store he and a partner owned went under due to the harsh conditions of the economy a t the time, he had no choice. The Atlanta bankruptcy attorneys at Clark & Washington want to remind residents that shortcomings can happen to anyone. President Truman worked really hard to keep his family out of financial dire straits, but he also knew when to accept his circumstances.

Filing for bankruptcy is not the end of the world. Short-term troubles should never dictate one's future outlook. If you are in substantial debt and have exhausted your options, filing for bankruptcy in Atlanta is a viable option. Clark & Washington offer a free debt consultation service, so residents are encouraged to contact the firm without hesitation.

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.

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