Arizona Mayor Files for Bankruptcy
Posted on Mar 14, 2011 6:00pm PDT
Lyn Truitt, who is the mayor of Surprise, Arizona, has reportedly filed for personal bankruptcy. According to reports, Truitt has reported that his annual income is about $40,000 and his debt is at more than $464,000. Truitt has stated that he has struggled with finances ever since his wife passed away from pancreatic cancer as it led to difficulties with the mortgage and credit cards. He reportedly owes debt on ten credit cards.
It's never easy to file for bankruptcy, but it doesn't have to be the end for anyone because you do have options that can help you through this financial strain. Bankruptcy is a complicated process that needs to be handled carefully so that you can resolve this matter quickly and begin to move forward with your life again. You should not feel bad about filing for bankruptcy, but you should go about it in the right way so that you settle this matter. With the help of a bankruptcy lawyer, you will be able to choose the method of filing that works best for your situation. A bankruptcy attorney will know the steps you need to take and how to protect your rights through this difficult process. Contact a bankruptcy lawyer today to begin discussing the details of your case and moving forward with your life as quickly as possible with the best possible outcome as the result.