Sleepless nights… Stressed out… Worried about the future Always broke no matter how hard they work…Feeling hopeless about their situation.

           This is what most people are going through when they are considering bankruptcy in their desperate attempt to get out of debt.  The word “bankruptcy” often produces negative feelings because some people equate it with failure. They think that filing bankruptcy means they have failed and that they are admitting defeat. But nothing can be further from the truth. Listen to me! Bankruptcy is not about failing; it’s about starting again and putting the past behind you so that you can start over and rebuilding your finances and your life.

           A lot of creditors will lie to you when you’re in debt and tell you that bankruptcy is the ‘worst mistake’ you can ever make because your credit will be ‘ruined forever’ and that you will never be able to buy a car or house again. Sometimes, you will hear the same comments from family or friends who have heard the same lie from others.

           The truth is that bankruptcy is a fact of life. At one time or another, everyone experiences financial difficulties. When you’re in a situation where you have done everything that you can to pay your creditors but nothing has worked up to this point, bankruptcy may be the only realistic option left. And this is exactly what Congress intended when they passed bankruptcy laws. So, with bankruptcy, you get another chance. You wipe the slate clean and move on with your life, free from the burden of debt. Thank God we have laws that allow people to do this.    Can you just imagine what would happen if we had no bankruptcy laws that can help people get out of debt when they can no longer help themselves? 

           Filing for bankruptcy means that you are filing a petition for debt relief from the bankruptcy court. The court reviews your application and determines if you are entitled to the relief you are seeking. It is not for dishonest people who are trying to cheat the system. Contrary to what others think, most people who file for bankruptcy are honest, hard-working people who have gotten themselves in a big financial mess.  In some cases, it is caused by factors beyond their control. In other cases, it is a result of making bad financial decisions.  But who hasn’t made a bad decision in their life at least once? Life is not perfect. Neither are you.

           Filing bankruptcy can help you regain your footing if you have lost control of your finances. If you are living your life without a financial plan for the future, you will never achieve financial security. So, you can say that bankruptcy is a tool that allows you to reorganize your finances so you can plan a better future for yourself and your family.  It is neither good nor bad in and of itself. You can use a tool for the wrong or right reasons.  Using it for the wrong reasons is NOT the intent of our bankruptcy laws. But used correctly, bankruptcy can be what you need to fix what you know is broken, if you’re going to be honest with yourself.

           Is it for you? Maybe yes. Maybe no. It certainly is not for everyone. But when appropriate for your situation, it could be the best thing that ever happened to you- and it could be a big turning point in your life if you are drowning in debt. This is what you need, isn’t it?

         If you need some straight talk about bankruptcy and get all your questions answered, I will give you a free initial consultation so we can talk about your situation. For a free evaluation of your case, please call our office at Toll-Free 1-866-477-7772 to schedule a free consultation.           ***NOTE: Due to COVID restrictions, I am currently offering consultations via phone or video. Please call the office to schedule your appointment with me. Questions? Email me at

            (None of the information herein is intended to give legal advice for any specific situation.  Atty. Ray Bulaon has successfully helped over 5,000 clients in getting out of debt. For a free attorney evaluation of your situation, please call RJB Law Offices at TOLL FREE 1-866-477-7772).