Reminder: Bankruptcy is a Financial Tool (See Claire’s Bankruptcy)

When Claire’s, the well-known jewelry retailer, filed for bankruptcy again this year, it reminded us that even iconic brands sometimes need the financial assistance of bankruptcy. Bankruptcy gave Claire’s the chance to reorganize debt, close struggling locations, and keep serving customers.

Similarly, individuals struggling with debt can benefit from filing bankruptcy. Chapter 7 or chapter 13 bankruptcy can stop creditor harassment (calls, letters, lawsuits, etc.), stop foreclosures and garnishments, and provide a plan for manageable repayment or total debt elimination. Just as Claire’s is using bankruptcy to stabilize and adapt, individuals can use it to protect assets, regain control, and create a foundation for future growth.

Bankruptcy isn’t the end of the story—it’s a legal financial tool for starting fresh and building long-term financial stability.

To find out how you can use bankruptcy to improve your financial situation, schedule a free phone consultation with me, attorney Lucas Ruffing.

Thanks for Reading,
Lucas Ruffing
Attorney
740-815-1114 (call/text)
LucasRuffingLaw@gmail.com (email)