You’re Not Alone

P.T. Barnum from biography.com

P.T. Barnum from biography.com

Many clients are hesitant to file bankruptcy because of the perception that they are financial failures.  It is important to realize that a number of successful people have found themselves financially overextended and filed for bankruptcy. This famous list below includes U.S. presidents, celebrities and successful businessmen.  Due to the current economic client, there is no longer a stigma about filing for bankruptcy. In fact, as the list shows below, you are in very good company.

  1. P.T. Barnum
  2. Milton Hershey
  3. H.J. Heinz
  4. George Clinton
  5. Frances Ford Coppola
  6. Walt Disney
  7. Ulysses S. Grant
  8. Larry King
  9. Jerry Lee Lewis
  10. Donald Trump
  11. Abraham Lincoln
  12. Wayne Newton
  13. Ted Nugent
  14. Rembrandt
  15. Burt Reynolds
  16. Mickey Rooney
  17. Mark Twain
  18. Henry Ford
  19. Johnny Unitas
  20. Thomas Jefferson

Update

Former NFL player, Vince Young, has joined the list of famous people who have filed for bankruptcy. You can read a explanation of why he may have filed for chapter 11 here.

These individuals filed bankruptcy and later found themselves on firm financial footing. It is your constitutional right to file bankruptcy.  Call our office today at 248.237.7979 to discuss with our qualified michigan bankruptcy attorneys  if filing bankruptcy is right for you.