NORCROSS, GA, December 26, 2012 (Press-News.org) The last people anybody would ever expect to file for bankruptcy are the rich and famous. Politicians and celebrities are well known for their flashy lifestyles and high-profile salaries, but the Tampa bankruptcy attorneys of Clark & Washington want to remind residents that even these individuals are not immune from debt. A case in point example that the attorneys are focusing on concerns the late South Dakota senator George McGovern.
The former politician served as a member of the U.S. Congress for a lengthy term, which helped him attain a considerable amount of wealth. When he left the office, McGovern embarked upon a substantial plan to buy and renovate the Stratford Inn in Connecticut. The politician's hopes for a solid return left him in dire financial straits shortly after. This poor investment decision forced him to file bankruptcy.
Specializing in Tampa bankruptcy law long before McGovern found himself in debt; Clark & Washington are hoping to make it clear to Tampa residents that just because you have money, does not mean you cannot get yourself into financial trouble. Being aware of the ease at which bills can accumulate, especially if you are not managing your money well, is thus vital for staying debt-free in the long term. Establishing a financial plan is more important than many people tend to think; McGovern clearly did not expect things to turn out the way they did on his end.
Filing for bankruptcy in Tampa is an option that is available for residents if they need the help. The attorneys at Clark & Washington are leaders in their field; they are well noted for offering free debt consultations. Even if you are not in immediate financial trouble, you should always think twice before making a risky investment. If bankruptcy can happen to a successful politician like McGovern, what makes you think it can't happen to you?
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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Bankruptcy Lawyers in Tampa Discuss George McGovern's Filing for Bankruptcy
Clark & Washington discuss how politician George McGovern was forced to file for bankruptcy after making some bad investments. The firm wants to remind Tampa residents that uncontrollable debt can happen to anybody.
2012-12-26
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[Press-News.org] Bankruptcy Lawyers in Tampa Discuss George McGovern's Filing for BankruptcyClark & Washington discuss how politician George McGovern was forced to file for bankruptcy after making some bad investments. The firm wants to remind Tampa residents that uncontrollable debt can happen to anybody.