Why More Affluent People are Filing for Bankruptcy

What many wealthly individuals know that the average American doesn't is that bankruptcy protection is a Constitutionally protected tool and not a dirty word.  Bankrutpcy has allowed the likes of Kim Basinger, Donald Trump and Walt Disney to start over.  The United States Bankruptcy Court reports that filings are on the rise overall, but particulary among the upper middle class and wealthy, particularly Chapter 13 which allows the debtor to keep many assets.

Bankruptcy is not a death sentence, and you do not have to be destitute to file.  Contact the Fears | Nachawati Law Firm to learn about the bankruptcy haves versus the have-nots.