I’ve Looked at Clouds from Both Sides Now

(Song by Joni Mitchell – first recorded by Judy Collins in 1968)
By Merideth Akers, CPA, PHR, Comptroller for Bradford W. Caraway (Birmingham, AL)

In the simplest terms, bankruptcy has two sides. The debtor is on one side, and the creditor is on the opposite side. Although there are opposite sides in bankruptcy, the system is designed to be non-adversarial. For over 21 years, I have looked at bankruptcy from both sides. I am writing a friendly reminder, that both sides often have critical financial issues that they are facing, and both sides are in need . . .

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