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The Bankruptcy Solution

How to Eliminate Debt and Rebuild Your Life

by Peggy Palms

Adams Media, 2003

Category: Finance

The Bankruptcy Solution

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rating 8 (8)

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In this summary you will learn

  • What the costs and benefits of filing for bankruptcy are
  • How to distinguish among the main types of U.S. bankruptcy filings
  • How a typical bankruptcy proceeding unfolds
  • How to move on with your life after bankruptcy

Why you should read The Bankruptcy Solution

As Dante faced the doorway to hell, he looked up and saw an inscription. “Through me is the way to join the lost people,” it read, “Abandon all hope, you who enter!” Although terrified, Dante crossed that threshold, encouraged by Virgil, his wise and compassionate guide. A descent into bankruptcy can feel just as infernal. Fortunately, Peggy Palms is available as a guide. Like Virgil, she knows the path well: She has walked these rocky switchbacks thousands of times. In 21 well-organized, brief and amazingly readable chapters, she shows how to use the generous and clement U.S. bankruptcy laws to start fresh. getAbstract recommends this solid, basic volume to anyone whose once-friendly creditors have lately turned fiendish.

About the author

Peggy Palms is an attorney in North Carolina, where she heads a law firm specializing in bankruptcy.

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