Atlanta Bankruptcy Firm Clark & Washington Highlights Tom Petty's Post-Bankruptcy Successes

    ATLANTA, GA, April 19, 2012 /24-7PressRelease/ -- The Atlanta bankruptcy attorneys at Clark & Washington wish to remind those facing Atlanta bankruptcy that musical legend Tom Petty filed for bankruptcy along his road to success. Clark & Washington knows that sometimes filing for Atlanta chapter 13 or chapter 7 can be the first step towards a successful financial future, as demonstrated by Tom Petty.

At the beginning of his musical career, Tom Petty made a mistake that has led many popular artists down the road to financial difficulties: he signed a contract with a major record company without fully realizing the implications. When he realized he'd been given the raw end of the deal and would never see most of the money he had worked hard to earn, Petty leveraged himself against the record company to try to get a better deal.

As a part of his attempts to shake free from his contract with the record company, Petty ended up having to bear the cost of recording his new album personally so that his record company couldn't release it, which put him $500,000 in debt. Because of this debt, he was forced to file for bankruptcy in May of 1979. Bankruptcy offered Petty a way to success, though; he was able to use filing for personal bankruptcy as a way to get out of his contract, claiming duress during the proceedings.

Tom Petty has come back from his bankruptcy and his disputes with the record company to be one of the most famous legends in rock and roll. His success is undeniable, and he is currently estimated to be worth $75 million.

The Atlanta bankruptcy lawyers at Clark & Washington see Tom Petty's bankruptcy success as an inspiration to those facing Atlanta chapter 7 or chapter 13 bankruptcy. If you are struggling with financial difficulties and think it's time to speak with a bankruptcy attorney in Atlanta, call Clark & Washington. With over 25 years specializing in Atlanta bankruptcy, Clark & Washington knows that financial success can come after an Atlanta chapter 13 or chapter 7 personal bankruptcy.

To learn more information about Clark & Washington, the bankruptcy lawyers Atlanta trusts, or to schedule a free consultation with an Atlanta bankruptcy lawyer, visit http://www.cw13.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.cw13.com.

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