Bankruptcy Attorneys in Tampa Mention Ulysses S. Grant's Bankruptcy

    NORCROSS, GA, December 27, 2012 /24-7PressRelease/ -- The Tampa bankruptcy attorneys of Clark & Washington want to remind Atlanta residents that bankruptcy is a problem that no one is safe from. For most people, finding out that the President of the United States has filed bankruptcy can come as quite as shock. While the current head of state has not shown any personal signs of going under financially, this simply cannot be said of some others. In fact, the nation has seen 4 president's file for bankruptcy. One interesting example is that of Ulysses Grant. The 18th President was in office from 1869-1877, and during this time he implemented a range of influential policies as a former army general in the Civil War.

After being in office, Grant used his money to travel the globe with his wife. They dined in fancy restaurants everywhere they went and took board in some of the world's most exotic hotels. Clearly, the former President was not hurting financially. Unfortunately for his sake, a poor investment and partnership led Grant to file bankruptcy. Grant's business partner Ferdinand Ward embezzled nearly $100,000 at the time and was eventually sentenced to prison for his shady business practices. Grant found himself so much debt that he resorted to selling off all his valuables. As expert Tampa bankruptcy attorneys, Clark & Washington hope the moral of this story is being made clear to residents.

All it takes is one bad financial decision for debt to spiral out of control. The vast majority of us do not have millions of dollars to begin with (as did Grant), so making sound money management decisions is all the more important. In this economy, bankruptcy in Tampa has seen a sharp increase. If you are finding yourself unable to pay your bills, Clark & Washington offer a free debt consultation service.

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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Anne DeVito
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Cardinal Web Solutions
http://www.CardinalWebSolutions.com

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