"...financial problems happen to the best of us and the fact of the matter is that once we find ourselves in trouble, bankruptcy could be the most responsible decision one could make."
This quote, taken from Blog.LegalHelpers.com, represents the reality of the financial world we live in here in the United States. Bankruptcy is a decision that must be looked at logically if the need arises. The costs and benefits of this process must be weighed carefully before a proper decision can be made. It is not something that should ever be rushed into.
Bankruptcy can be a second chance to get one's financial life straightened out. Many famous people have had to turn to bankruptcy at one time or another to reset their financial situation. Many of them went on to be very successful subsequently.
Some of these famous people include:
| P.T. Barnum (1855) | |
| H.J. Heinz (1875) | |
| Milton Hershey (1882) | |
| William McKinley (1893 - $130,000) | |
| Mark Twain (Samuel Langhorne Clemens,1894) | |
| Oscar Wilde (1895) | |
| Henry Ford (1901) | |
| Walt Disney (1923) | |
| Larry King (1960, 1978) | |
| Mickey Rooney (1962) | |
| Jerry Lee Lewis (1988) | |
| Johnny Unitas (1991) | |
| Wayne Newton (1992) | |
| Donald Trump (1992, 2004) | |
| Kim Basinger (1993) | |
| Burt Reynolds (Chapter 11 - 1996) | |
| MC Hammer (1996) | |
| Debbie Reynolds (1997) | |
| Sherman Hemsley (1999) | |
| Mike Tyson (2003) | |
| Sammy Kershaw (2007) | |
| Ulysses S. Grant | |
| Thomas Jefferson | |
| Tony Martin | |
| Lawrence Taylor | |
| Abraham Lincoln | |
Ironically, students and former students are more likely to be the kind of people to learn from their mistakes and therefore stand to benefit the most from a second chance.
Posts
No comments:
Post a Comment