Tampa Bankruptcy Firm Clark & Washington Reminds Orlando Residents of Abraham Lincoln's Bankruptcy

    ATLANTA, GA, April 19, 2012 /24-7PressRelease/ -- The Tampa bankruptcy lawyers at Clark & Washington would like to remind those facing bankruptcy in Tampa that even Abraham Lincoln, the 16th president of the United States, filed for bankruptcy. If you are struggling with Tampa bankruptcy, it's important to remember that filing for bankruptcy is often an important step towards your financial freedom and success.

Like so many of us when we are young, Abraham Lincoln worked in a general store when he was in his twenties. When that store closed, he and a partner decided to open a new store to replace it. Their inexperience led them to purchase their inventory from other stores on credit--a decision they later regretted. Sales were very poor, and the shop failed.

Lincoln's debts wouldn't have been so terrible if his partner had been around to help share the load, but shortly after their shop failed, Lincoln's partner died. None of the modern debt laws were in play at this point in history, so our future president was saddled with the entire debt of the failed store. Abraham Lincoln claimed bankruptcy. It took him nearly 17 years to pay back the debts he owed. (At this point in history, declaring bankruptcy did not remove one's debt.)

Despite his early business failing and bankruptcy, Abraham Lincoln rose up through the political ranks to become one of our great nation's most revered presidents. He met a tragic end, but Lincoln will always be thought of as one of the United States' greatest men.

Lincoln's rise to legend out of bankruptcy shows those filing for bankruptcy in Tampa that anyone can achieve wonderful things despite a rocky financial past. The Tampa bankruptcy attorneys at Clark & Washington want to help you to achieve a future of financial stability and success. They provide in-office credit counseling to all clients as a part of their Tampa chapter 13 or chapter 7 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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http://www.CardinalWebSolutions.com

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