Bankruptcy is Very Common and Can Happen to Anyone

Bankruptcy does not respect age, social status, fame, or circumstance: It can happen to anyone. Even multi-million dollar companies can find themselves on hard financial times, with no other option than to file for bankruptcy. Don’t believe us? In this video, Illinois Representative Kinzinger discusses Ener1, a successful alternative energy company that filed for bankruptcy on January 26, 2012.

As you can see from this video, bankruptcy is very common in today’s day and age. If a multi-million dollar company can file for financial protection, why can’t you? The answer is that you can and that you should.