The purpose of bankruptcy is to give a “fresh start” to honest, hard-working, but unfortunate people just like you.

But don’t take it from us… Bankruptcy was created by the United States government, so let’s take a quick look at why bankruptcy was created, and what it’s meant for. Here are quotes taken from actual U.S. Supreme Court cases:

The principal purpose of the Bankruptcy Code is to grant a ‘fresh start’ to the ‘honest but unfortunate debtor’.
2007 – Marrama v. Citizens Bank of Massachusetts, 127 S.Ct. 1105

The central purpose of the Bankruptcy Code is to provide a procedure by which certain insolvent debtors can reorder their affairs, make peace with their creditors, and enjoy ‘a new opportunity in life with a clear field for future effort, unhampered by the pressure and discouragement of preexisting debt.
1991 – Grogan v. Garner, 111 S.Ct. 654

One of the primary purposes of the Bankruptcy Act is to ‘relieve the honest debtor from the weight of oppressive indebtedness, and permit him to start a fresh free from the obligations and responsibilities consequent upon business misfortunes’. This purpose of the act has been again and again emphasized by the courts as being of public as well as private interest, in that it gives to the honest but unfortunate debtor…, a new opportunity in life and a clear field for future effort, unhampered by the pressure and discouragement of pre-existing debt.
1934 – Local Loan Co. v. Hunt, 54 S.Ct. 695

It is the purpose of the bankrupt act…to relieve the honest debtor from the weight of oppressive indebtedness, and permit him to start afresh free from the obligations and responsibilities consequent upon business misfortunes.
1915 – Williams v. U.S. Fidelity & Guaranty Co., 35 S.Ct. 289

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“My only regret is that I did not come to you sooner. I have a new start in life. I am no longer stressed and ashamed. I was at my lowest point when I came to you. You didn’t judge me or make me feel worse; you lifted a burden and helped me to hold my head high again. I sincerely thank you. ”

Maria - Dallas, TX

“I can highly recommend the firm of Rubin & Associates, PC, in resolving any debt problems that anyone might be having. In my initial meeting with Mr. Rubin, he explained the bankruptcy process very clearly and thoroughly. Even though this was a very difficult time, Mr. Rubin and his staff made it as smooth a transaction as possible.”

Ken - Dallas, TX

“Rubin and Associates was truly truly wonderful. So helpful from the very first day to the very end when I got my discharge. I was in between a rock and hard place, I felt trapped financially, but everyone at the firm was there for me. I can’t give enough thanks to Rubin and Associates. Calling them was the best call I’ve ever made.”

James - Fort Worth, TX