New Start

By Texas Bankruptcy Attorney, Jim Ince

With the beginning of a new school year and a new football season there is reason for hope. The slate is clean and I can move forward into this new season of life with renewed energy and focus. No tests have been failed and no games have been lost. What’s more is that the mistakes I’ve made in the past don’t have to be repeated. While this sounds like theology or therapy, it actually fits one of the key characteristics of bankruptcy; the chance for a fresh start. This is so fundamental to the concept of bankruptcy that it has been the stated reason for filing since the beginning.

If you remember the movie “Groundhog Day” you’ll understand the advantage of a fresh start. While the lead character is initially confused and frustrated by each day repeating the day before, he eventually realizes that it presents him with a wonderful opportunity. He gets a mulligan or a “do over” and by making different choices he can get a fresh start. In Bill Murray’s case it is winning the girl. In your case it may be the chance for a fresh financial start without any failed tests or losses on your record.

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