Gain a Better Understanding of Bankruptcy

What Is Bankruptcy?

Bankruptcy is a legal method of eliminating debt and providing a method for 
debt-oppressed people to obtain a "fresh start." Bankruptcy sometimes means the elimination of debt that you owe to your creditors. There are 2 primary forms of bankruptcy - Chapter 7 and Chapter 13.

Contact Gary E Hinck PA today. Backed by over 15 years of experience, we have the knowledge it takes to provide you with the bankruptcy guidance you need. Contact either of our Topeka or Wichita locations today to get honest, professional bankruptcy assistance. FREE consultations are available.
Bankruptcy court

Don't Feel Ashamed of Filing for Bankruptcy

There is a lot to consider before filing for bankruptcy, but you should never feel ashamed. The history of bankruptcy in the United States dates back to the founding of our nation. The English's practice of debtor's prison was so abhorred by our founding fathers that they expressly outlawed it and instituted forgiving bankruptcy laws early in our nation's history.

Since then, some of our nation's most revered companies and people have turned to the bankruptcy system for help with their situations. Thomas Jefferson was one of our founding fathers and many consider him our greatest president. He filed for bankruptcy several times to eliminate the accumulation of his huge debt.

Knowing that even a man with the foresight and intelligence of President Jefferson could repeatedly get himself into financial troubles may help to put into perspective the importance of our bankruptcy system. It is a financial tool that is in place for a good reason.
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