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Science 2012-04-24

Tampa Bankruptcy Law Firm Clark & Washington Are Inspired By Willie Nelson's Bankruptcy Success

Tampa bankruptcy firm Clark & Washington see hope for those facing bankruptcy in Tampa from the story of Willie Nelson, who found success after his bankruptcy.

ATLANTA, GA, April 24, 2012

Tampa bankruptcy attorneys Clark & Washington find inspiration in the story of Willie Nelson, who bounced back from a bankruptcy of $16.7 million in debt to be one of today's most successful musicians. If you are facing bankruptcy in Tampa, take heart from Nelson's story and know that filing for Tampa bankruptcy is a step towards a financially sound future.

Willie Nelson rose to fame in the country music scene, but began to diverge into his own mixed style in the 1970s. Nelson was quite successful, working in groups with legends Johnny Cash and Merle Haggard. However, Nelson put his trust and money in the wrong hands. Nelson's accountants had secretly been neglecting to pay Nelson's taxes, and Willie had no idea that he owed the government millions.

In 1990, the IRS seized Nelson's assets to help to pay for the $16.7 million he owed in back taxes. Nelson promptly sued his accountants, who illegally had stored Nelson's money in tax shelters instead of using it to pay the government, and he filed for bankruptcy almost immediately after that.

Willie Nelson was able to turn his misfortune around with the release of the aptly named album, The IRS Tapes: Who'll Buy My Memories? Nelson's friends stepped up and purchased at auction many of the assets the IRS seized, and either donated or rented them back to Nelson. With his friends' help and the profits from The IRS Tapes, Nelson was able to get out of debt by 1993.

Today, Willie Nelson continues to enjoy a profitable musical career as well as occasional roles in film and television. Nelson bounced back from his bankruptcy and is now valued at a net worth of $15 million.

The Tampa bankruptcy lawyers at Clark & Washington see Willie Nelson's bankruptcy as a great success story. If you are facing Tampa bankruptcy, especially in part because of overdue taxes, there is hope. If Willie Nelson can find his way out from under nearly $17 million in owed taxes, you too can find success after filing for bankruptcy in Tampa.

With over 25 years of experience filing personal bankruptcy, Clark & Washington is the best choice if you are considering hiring a bankruptcy lawyer in Tampa. The Tampa bankruptcy attorneys at Clark & Washington are dedicated to getting you back on your feet, providing credit counseling courses with each Tampa bankruptcy filing.

For more information about Tampa bankruptcy or to schedule your free consultation, please visit Clark & Washington online at http://www.cw13fl.com.

About Clark & Washington

Established in 1983, Clark & Washington is now one of the leading bankruptcy filers in the southeast. They have locations in Georgia, Florida, and Tennessee. Clark & Washington specializes in personal chapter 7 and chapter 13 bankruptcy. They offer honest, helpful legal advice to those experiencing financial hardships.

For more information visit: http://www.cw13fl.com.

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