The truth is, the vast majority of people who come to our office stay current on their bills – or at least do a great job of juggling one month to the next. They are tired of worrying about how to continue paying back debt they may have already paid back many times over in interest.
Since 1999, as a Rhode Island personal bankruptcy attorney, I have helped many people rid themselves of excessive debt and make a fresh start. Yet, in all that time, I have never once advised anybody to file for Chapter 7 or Chapter 13 bankruptcy. I simply forecast what will happen in their financial future if their situation does not change and they do not file. I then can tell them what will happen if they do file.
At my law office, I let the facts speak for themselves. In the following pages I will explain what you need to know to make an educated decision on whether or not you should file or not. We will start with the topic, What is Bankruptcy?