When you are deep in the throes of debt, many things seem impossible: The house you’ve always dreamt of owning. The ability to save money, invest, or take risks. The freedom to build your future.
Perhaps worst of all, a clean slate seems utterly unimaginable — many people debilitated by debt believe it’s impossible to turn their lives around.
I’ve seen again and again that bankruptcy is a way out. It stops the devastation of debt in its tracks and offers the second chance that once seemed impossible. I’m saying that not only as a bankruptcy lawyer, but also as a father, husband, and friend.
My wife and I keep in touch with many of my clients, and I’ve watched bankruptcy save homes and families and heal broken relationships. I believe many more people facing debt could benefit from bankruptcy and rebuild if they only knew more about it.
That’s why I wrote The Life-Changing Power of Bankruptcy.
This book, available for free for all potential clients, will walk you through the bankruptcy process and answer some of the most common questions I’ve been asked throughout my 30 years as a Memphis bankruptcy lawyer. I wrote it to offer guidance for anyone struggling with debt. In it, I discuss
- When bankruptcy might be right for you (and when it’s not)
- What to expect from the process
- What the Bible and morality says about bankruptcy
- The difference between Chapter 7 and Chapter 13
- How to rebuild even better after a bankruptcy
- And more
I understand how daunting it may feel to file for bankruptcy. It’s a big decision, one that requires a drive and a willingness to make immediate sacrifices for sake of a better future. It’s okay if you’re not quite ready to take the step. In fact, another reason I’ve written The Life-Changing Power of Bankruptcy is to share the stories of other people who have been in your shoes and found the strength to start anew. I hope that their stories allow you to discover that you have the same strength.
Bankruptcy is a step-by-step process, and it won’t fix everything overnight. But believe me, with time, it truly has the power to change lives.