The largest banks in the world were bailed out by our government, however I don’t remember hearing about any individuals being offered the same deal. In fact, in 2005 president Bush signed into law the “Bankruptcy Abuse Prevention and Consumer Protection Act of 2005” which makes consumers jump through more hoops to take advantage of bankruptcy protection. It was hailed at the time as the banking lobby’s greatest all-time victory. A few years later “At the height of the financial crisis, 18 very large financial institutions received $208.6 billion in TARP funding almost overnight, in many cases without having to apply for funding or to demonstrate an ability to repay taxpayers,” – Congressional Oversight Panel.
Unexpected medical bills, the loss of full employment, a sharp drop in demand for your products or services can lead to serious financial troubles. Life happens and that’s why there are federal laws designed to give you hope for the future and Delaware bankruptcy attorneys to guide you through the process. The banking industry may have successfully lobbied to make it more difficult but that just makes me work harder on your behalf.
I can help you take the first steps towards a brighter future. Call or email today for a free, confidential consultation. You deserve a fresh start.