Bankruptcy and Steve Jobs

10/09/11

Words are powerful.  The word “bankruptcy” carries enormous emotional baggage.  People hear it and immediately jump to conclusions.  “Failure,” “shame,” “irresponsibility,” “ruin” all come to mind. Recently, I met with an elderly couple.  They had significant cash flow problems, and a Chapter 13 bankruptcy would benefit them greatly.  As I do with all prospective clients, [...]

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