Watching the World Series? The Rangers are another example of how bankruptcy can help. They declared bankruptcy this year, and are playing to win their very first world championship this week.
The Rangers’ story illustrates how bankruptcy is a tool used to get another chance, not the end of the road. The bankruptcy laws were written to give people and businesses (and baseball teams) another chance to succeed.
The Rangers used bankruptcy protection, and they are now in line to win their first world series championship. Mark Twain, Burt Reynolds, and Henry Ford all declared bankruptcy, and then used their second chance to achieve amazing things. Read more success stories here.