There is an element of poor financial management to every bankruptcy case- but the reason behind our filing was to be together more than it was our only option. Without filing, Scott would continue to have to spend weeks away from us to meet the business overhead. Between the damage from Covid and the struggling trucking industry, it was the only practical solution if our children would grow up spending time with their father. There are hundreds- if not thousands- of other solo owner/operators in the same position of needing to file in the current economy.
300K a year and needing to file bankrupt seems more like money management considering a family of 4 could live comfortable on a 1/3 of that.
There is an element of poor financial management to every bankruptcy case- but the reason behind our filing was to be together more than it was our only option. Without filing, Scott would continue to have to spend weeks away from us to meet the business overhead. Between the damage from Covid and the struggling trucking industry, it was the only practical solution if our children would grow up spending time with their father. There are hundreds- if not thousands- of other solo owner/operators in the same position of needing to file in the current economy.
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