I do realize that on his blog (link below) Seth Godin was not speaking on actually filing for Bankruptcy. Nor, was it his intent to speak out to all those looking for a Bankruptcy Lawyer and push them of the fence.
However, there is a lesson to be learned here.
In Utah, there are more cliche’s than you can count. That’s probably true everywhere, but in Utah its particularly true when you speak of consumer bankruptcy. If we had an official State Cliche…some of these would definitely be in the running.
“It’s all the families with 14 kids!” or similar rants on Tithing, keeping up with the joneses or my personal favorite those ever so prevalent go-out-and-buy-boats-TV’s-and-Stereo types, that everyone knows exist, but rarely can identify one person they know personally that fits the profile.
My personal philosophy -granted its not something I have the time or the desire to back up with statistics or graphs at the moment- is that more people who go through bankruptcy do so because life throws them a curve ball than do people that are full of guile, and are manipulating the system out of their own shameful gluttony and lack of moral compass.
Far more often than this type of societal leech, I
see those that are fighting a losing battle to no good end simply because they don’t know what else to do…or in fact are trying to do the right thing. Often, its both reasons.
My point, to be direct is that in this fantastic blog post about Declaring Bankruptcy on ideas, businesses or even habits, Seth Godin hits on something very relevant to actual Bankruptcy (and of course filing a bankruptcy here in Utah) that is overlooked far too often. Sometimes the right thing is to hit the reset button and get back to creating value.
-From Seth’s Blog:
“Acknowledging that you’re stuck is the very first step in getting unstuck…
Perhaps it’s time to stop fighting a losing fight and start creating value doing something else instead. Bankruptcy is never fun, but when you give up something that wasn’t getting you where you needed to go, sometimes you discover a future better than you ever expected.”
I’ve made this exact point with clients and I continue to believe it with all my heart; If there is little to no hope that you can dig your way out of the debt hole you’re in, you may do a greater service to yourself, your family and society by moving forward through Bankruptcy. I’m not advocating everyone throw in the towel at the first sign of trouble…for sure this is a decision that requires a lot of thought and careful consideration, but don’t get caught up delaying the inevitable.
It can hurt everyone involved, most of all you.
Even if you only have questions, call us and I promise we will talk to you without any obligation or pressure. You’ll get time, answers and someone to listen and share insight, as we work towards our goal to bring some humanity back to the Bankruptcy industry. We are a Utah Bankruptcy Firm with locations in Salt Lake City and Layton Utah
Oh, here are my obligatory disclaimers =)
I am a Paralegal for the Offices of
Amy L Butters Attorney at Law
101 North Fort Lane #104
Layton, Utah 84041
*NOTHING* Contained in this Post should be considered Legal Advice. This post is for information only, you should get legal advice about your specific situation before you make any legal decisions such as filing for bankruptcy.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.