An ounce of prevention is a pound of cure… | Wantland Law Wantland Law» Blog Archive » An ounce of prevention is a pound of cure…

An ounce of prevention is a pound of cure…

Last week I dealt with multiple bankruptcy clients. The first had cleaned out his IRA, sold off an old car, and cashed out a 401(k) to keep up with bills only to be bankrupt in the end. He lost truly everything. The next, just lost his job. He had a 401(k) and the standard household stuff. After his bankruptcy, he will still have all his stuff and his 401(k). Why?

This client came to me early. By planning for bankruptcy as opposed to just falling into it a client can position herself to protect assets. The bankruptcy code can do more than just get rid of debt- it can make sure you have a little something in your pocket when it’s time to start over.

Call early. The sooner you call, the sooner I can help.


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The attorneys of Wantland Law in Shepherdsville, Kentucky, advise and represent individuals and families in bankruptcy cases and debtor-creditor negotiations in Bullitt County, Nelson County, Spencer County, Hardin County, Okolona, Jefferson County, Louisville, and such communities as Mount Washington, Brooks, Lebanon Junction, Bardstown, Taylorsville, Elizabethtown, Radcliff and Fort Knox.

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