No self-respecting bankruptcy blogsite is complete without a post about Hostess. We probably all know at least some of the story. We all have probably heard that the iconic maker of tasty baked goods (although maybe not this good) has come into some financial hard times and may no longer be producing goods in the United States.
After the rousing success of the Bay of Pigs invasion in 1961, JFK said that “Victory has a thousand fathers, but defeat is an orphan.” His maxim is not exactly true. Defeat is never alone. There are always plenty of people to blame. As for what happened at Hostess (whether it was greedy managers or greedy workers or some combination of both) this much is clear: Hostess had more bills than it could pay.
Thankfully, our personal financial ledgers will probably never wind up on the evening news. But many of us face this same problem: we have more bills than we can pay. If you have more bills than you can pay, bankruptcy is probably your best option. Call the law office of Henley and Henley for your free consultation.
