This is the week for being thankful, and that’s just where my thoughts are as I look back at the years I’ve spent providing Indiana bankruptcy help. It’s interesting for me to go back and read my own Bankruptcy in Indiana articles from the years 2008, 2009, and 2010. Had I changed my opinions, or my approach since then, I wondered, as changes were taking place in the marketplace that affected jobs, taxes, health costs, and housing?
In fact, it seems, change was very much on my mind in November of 2008, when I wrote about an unusual book I’d found called “Untying the ‘Nots’ of Change Before You’re Fit to Be Tied”.
The author was saying that employees’ resistance to change can cause so much stress that sickness results. Of course, 2008 was the beginning of the big drop in home values, and all of us bankruptcy attorneys in Indiana had our hands full trying to help stop foreclosure, negotiating mortgage modifications with lenders on behalf of our clients.
I could relate to the author’s remarks about stress-related illness, too. Many of the people who came into the Zuckerberg bankruptcy law offices around the state had neglected their own health, putting off visits to the doctor to save on medical costs, and many had lost health insurance when they lost jobs.
Those people were hardly alone. By November, 2009, one Columbus bankruptcy lawyer who works with me was asking, “Is bankruptcy the new black?” That’s because, in 2009, personal bankruptcy filings were up 33% over the previous year. Because of that, what I was writing then was that bankruptcy is a way for people who are “in the red” to get back to being “in the black”.
By Thanksgiving season 2010, I found myself explaining the important role Indiana individual bankruptcy and small business bankruptcy play in our economy. “Bankruptcy in Indiana – actually bankruptcy anywhere,” I explained, “minimizes the risk of being an entrepreneur.” Without bankruptcy, companies would be less likely to take risks, and the economy would slow, I added.
In that fall of 2010, I was feeling thankful for the trust I’d earned in the Indiana court system. As a board-certified consumer bankruptcy specialist (there are fewer than a dozen of us in Indiana), I was known to the court officials, who were confident they could rely on information turned in by my clients. There was a lot of pain going on because of the economy, and for me, that Thanksgiving season was truly a time to be thankful I could offer help!
Categorised in: Bankruptcy Indiana
This post was written by Mark Zuckerberg