No matter how financially responsible you may be, an unexpected job loss, a medical emergency, or bad investment advice could suddenly leave you facing a stack of bills you have no hope of paying. While bankruptcy protection does provide most people with the opportunity to begin their financial lives again, many hesitate due to some pervasive and generally destruction misconceptions about the process.

According to Greg Dunn, Bankruptcy Attorney, a local lawyer providing bankruptcy assistance to residents throughout Honolulu, many who turn to this process do so with a sense of shame. But thinking of the bankruptcy as a mark of failure actually couldn't be further from the truth. In fact, multiple studies have shown that the most common cause of financial failure is unexpected medical expenses, which can not only make it impossible to work, but can destroy your savings and compromise everything you've worked for.

There are a wide variety of other factors which determine how easily your finances will bounce back, some of which are completely out of your hands. For example, Hawaii is the most expensive state in the country, with food and housing costs that dwarf almost anywhere on the mainland. For many families, this means that losing even a fraction of your income can make it almost impossible to afford the necessities, let alone make the minimum payments on your consumer debt. In these situations, seeking bankruptcy assistance can be the only way to get your finances back on track.

Over the years, Greg Dunn, Bankruptcy Attorney has handled over 12,000 bankruptcy cases, giving people throughout the island the debt relief they deserve. Visit his website to learn more about his experience and personal history, or call (808) 524-4529 for bankruptcy assistance today.