Professor Gregory Germain recently participated in a question-and-answer article on personal and business bankruptcy at lawfirm.com.The article covered the basics of filing for bankruptcy, alternative solutions, and when a lawyer should be involved in the process.
Germain advises to those contemplating filing for bankruptcy is “Facing the situation, taking action to address the situation, and developing a long-term plan to save money are the only ways to improve your financial life.”