Bankruptcy

Before Declaring Bankruptcy, Read This - Werner Law Firm

Before Declaring Bankruptcy, Read This

The process for declaring bankruptcy is a critically important element of our financial system. Giving businesses and people the ability to discharge debts under certain circumstances breathes fresh life into them and earn a second chance in our system. When it comes to financial success, taking risks and hoping for the best is part of

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How to Choose a Bankruptcy Lawyer - Werner Law Firm

How to Choose a Bankruptcy Lawyer

Bankruptcies largely affect individuals and households – only about three percent of bankruptcies today are incited by businesses, compared to 13 percent in 1980. While bankruptcies have been on a decline since 2011, as the country began to recover from the devastating effects of the financial crisis, 772,646 cases of bankruptcy were filed in the

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What Does It Mean to File for Bankruptcy? - Werner Law Firm

What Does It Mean to File for Bankruptcy?

To most, the idea of bankruptcy is nothing if not terrifying – but when it is all said and done, bankruptcy represents the chance to start over and get out from under an unfortunate and disastrous situation. Most people assume that bankruptcy is a sign of irresponsibility and an inability to work with money – that

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