Bankruptcy in the Era of COVID
September 28, 2020
Our Managing Attorney, Matt Herron, had the opportunity to discuss his thoughts on financial distress due to the COVID P...
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I recently watched the Oscar nominated film Blue Jasmine. In the film, the main character Jasmine French marries a very wealthy investment banker that ends up being a Madoff-esque fraud. Before Jasmine discovered that her husband was a fraud, she was living the typical life of a wealthy New Yorker, filled with clothing, jewelry, extravagant homes, and socialite friends who enjoyed all of the same luxuries. It looked like Jasmine had it all.
The arc of the story centers around the time in Jasmine’s life after her wealth is taken away by the government and her husband commits suicide. As one would expect, this time in her life is difficult, as she has been shunned by her socialite friends and has no where to turn except for her very average sister. Throughout the story, Jasmine criticizes her sister about her blue-collar boyfriends and treats her as if she and her lifestyle are beneath her. Jasmine can’t let go of the fact that even though her old life was a fraud, she is somehow better than her sister. After some twists and turns, Jasmine’s sister finds herself and stops listening to Jasmine, moves in with her boyfriend ,then lives an average, happy life. Jasmine ends up on the street alone mumbling to herself and her fate is left undetermined.
In counseling debtors through financial hardship for the last eleven years, I find it rewarding to help people in rebuilding their lives. Although it’s never easy to get through tough times, I find that best way to rebuild your life is:
Difficult times are part of everyone’s life. Don’t let them define you, face them head-on and start working toward a better future. Start living a good life today call The Debt Doctors at 1-877-332-8369 and we will put you on the right path.