Filing Bankruptcy Articles and Resources

If you are considering bankruptcy but have yet to file a case with the court, these articles might help you in preparing for this important life decision. This website is designed for general informational purposes only. The material presented on this website should not be construed as formal legal advice and does not establish an attorney-client relationship. Please contact the Law Office of William Pascoe if you have questions regarding your personal situation.

Why Bankruptcy?


Is bankruptcy a good idea or not? Here are some things to consider.

Bankruptcy is not a new idea.  Abraham Lincoln’s legal practice before he
became President included bankruptcy.
The concept of the “jubilee”, a period of in which slaves were freed and
debts forgiven, has biblical roots.

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Timing Is Everything

short sale

Many legal rights can be lost through delay.

This is particularly true in bankruptcy. Here is just one example that highlights how one area of the bankruptcy law is extremely time sensitive.  And there are many more, some of which we will highlight as we go along.
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