Crushing Debt

Episode 144 - Why do our clients file bankruptcy?


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In this week's episode of The Crushing Debt Podcast, I take a look at the different reasons our clients come to us for bankruptcy protection:

  • Divorce
  • Loss of a Spouse
  • Medical Bills
  • An Injury that cause time off work
  • Credit Card Debts and Repossessions
  • IRS Debt
  • Loss of Income / Loss of Job
  • Closed Business
  • Foreclosure
  • Student Loans

These types of debts do not discriminate between Chapter 7 & 13, and neither chapter necessarily better or worse to deal with these debts (look for a future episode on the difference between Chapter 7 Liquidation and Chapter 13 Reorganization, or check out our blog).

Please contact me at [email protected] or www.yesnerlaw.com with what other reasons you think people might file for bankruptcy, or questions you have around these different debts.

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Crushing DebtBy Shawn M. Yesner

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