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The Gil Law Firm: ​4 Famous Bankruptcy Cases That May Surprise You October 26, 2015

Dothan, Houston
The Gil Law Firm: ​4 Famous Bankruptcy Cases That May Surprise You, Dothan, Alabama

Do you dread flipping through your mail only to find a stack of bills you can't pay? If you're stressed-out from struggling to get your personal finances back on track, The Gil Law Firm will help you find peace of mind. Serving clients all over Alabama, Georgia, and Florida, bankruptcy attorney Rafael Gil III offers his expert legal services to help clients with debt consolidation, filing for bankruptcy, and more. 

Rafael Gil III knows that bankruptcy is often the best solution when you're faced with insurmountable debt or the threat of a foreclosure. While bankruptcy is often stigmatized as a shameful choice, it is not uncommon. In fact, there are many famous celebrities and iconic businesses that have filed for bankruptcy. This is because they have access to top lawyers like Rafael Gil III who advise them that bankruptcy is often the best remedy for an unfortunate financial situation.

If you're considering filing for bankruptcy, you're in good company. Check out these famous bankruptcy cases you may not know about:

  • Chrysler: The year 2009 was tough for Chrysler. This iconic American company, one of "Big Three" automobile manufacturers, filed for bankruptcy. Business Insider reports, "The United Automobile Workers were given control of the company, with the federal government and Italian carmaker Fiat as minority stakeholders." Fortunately, they bounced back, reported the New York Times; Chrysler was making profits again just two years after filing bankruptcy, and attorney Rafael Gil III will help you bounce back too.
  • Rapper 50 Cent: Just this past summer, Curtis Jackson, a.k.a 50 Cent, filed for bankruptcy, reported Business Insider. Previously one of the richest rappers in the world with an estimated worth of $155 million, Jackson filed for chapter 11 bankruptcy protection so he could reorganize his finances. Having excellent legal advisers similar to The Gil Law Firm has allowed for this hip hop star to start again with a clean slate.

  • Performer & Songwriter Cyndi Lauper: Today Ms. Lauper's net worth is estimated at $30 million, but she has struggled financially in the past. According to Business Insider, Lauper filed for bankruptcy in 1981 after toiling away for four years writing songs for a failed musical group. If you've suffered financially due to the negligence of others like Ms. Lauper, lawyer Rafael Gil III will help you get back on your feet.
  • TV Host Larry King: Even though the charges of grand larceny against Larry King were eventually dropped, he still suffered for quite a few years afterward. He lost work and his career was tainted, causing him to file for bankruptcy in 1978 with a debt of $352,000, according to Time. Your past mistakes don't have to permanently affect your future; The Gil Law Firm will help you start again on the path to financial solvency.

In addition to being an expert bankruptcy lawyer, Rafael Gil III also provides legal expertise for social security disability claims and debt consolidation. Visit The Gil Law Firm online to learn more about this premier law firm, and call (334) 673-0100 to schedule a consultation. 

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