Y- Consumer Bankruptcy Law?

         Y-Consumer bankruptcy law?  Why do I enjoy practicing in the field of consumer bankruptcy law?  This is an easy one.  Did you ever wish you had a magic wand you could use to make problems simply vanish?  Doesn’t everyone?  Bankruptcy is a unique area of law where under the right circumstances and when the case is prepared correctly, relief magically appears!  Obviously it isn’t magic, and the bankruptcy laws are extremely complex.  But in what other area of the law can you fix problems relatively quickly and inexpensively and provide a complete fresh start?  Bankruptcy erases bad luck and bad choices, allowing the client to start over and build anew.  

 

Other practitioners assume bankruptcy is depressing because clients are struggling, having reached a complete low-point in their lives.  But in reality, the practice has the complete opposite effect.  Generally, clients are truly happy with the result and can move forward with a huge weight lifted off of their shoulders.  Sure in other areas of law, winning a long legal battle can have the same effect, but nothing is as quick and efficient as a simple Chapter 7 bankruptcy case in making problems disappear.  

 

 In our practice, we are constantly reminded that bad things happen to good people, which of course is humbling and somewhat depressing.  But by recognizing this, we have the ability to objectively distill the issues in each case, without judgment, and figure out the best way for the client to move forward in a positive direction.  The vast majority of clients say they feel that the weight has been lifted even just after the initial consultation. 

 

I would implore anyone who is struggling to stay afloat to consult with a bankruptcy lawyer early enough so that all options can be explored.  Bankruptcy is undoubtedly a last resort and is not always the best option.  We will be the first to suggest alternatives if they truly apply.  Our job is to listen and find out the best options for each client.  And just maybe, the client might be a perfect candidate for that magic wand.