Fremont Bankruptcy: A Misconception about Bankruptcy

Many people have misconceptions about bankruptcy, whether filing as an individual or a company or corporation.

One is that only deadbeats or failing companies file for bankruptcy.  This is entirely false.  Most people and companies who filed for bankruptcy have experienced an unplanned for circumstances, such as a divorce, the loss of a job, serious illness; or ill-planned business plans, fraud, etc. where businesses are concerned. 

For debt-riddled consumers, it is only after they've struggled to pay their bills for months and just keep falling further behind that they file for bankruptcy.  This can happen to anyone and it is the position of Sagaria Law, Fremont that everyone deserves a second chance.


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