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Would you Call Abraham Lincoln a Loser? Keep that in mind the next time you are discouraged about your financial situation.

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Many people express shame and disgust when they contact me about filing for bankruptcy.

They feel like a loser.  They feel beaten down and they feel their live is over.  Nothing can be further from the truth.

A Bankruptcy can be a way for you to get a fresh start and wipe your slate clean and become debt free.

In fact, there are many famous people (Including Abraham Lincoln) who have filed bankruptcy and later rebounded bigger and better than ever.

This has been true also from my experience with my clients.   Many of my clients within a few short years after their bankruptcy were able to obtain credit cards, get car loans and qualify for mortgages.

If they did not file  for bankruptcy, they would never have been able to move forward.

Here is a list of some very famous people that either filed bankruptcy or had financial problems.

I would hardly call any of them losers.

So the next time you are being too hard on yourself due to your financial situation, look over this list.

BANKRUPTCY –   67 Famous  People Who Lost It All:

Benedict Arnold                      P.T. Barnum                   Kim Basinger

George Best                               John Wayne Bobbitt     Lorraine Bracco

Buffalo Bill                                 Tia Carrere                      George Clinton

Gary Coleman                          Francis Ford Coppola    David Crosby

Walt Disney                             Jim Dooley                     William C. Durant

Mick Fleetwood                      Heidi Fleiss                     Zsa Zsa Gabor

Leif Garrett                               Marvin Gaye                  Ulysses S. Grant

Archie Griffin                          Corey Haim                    Dorothy Hamill

MC Hammer                            Isaac Hayes                     Milton S. Hershey

Perez Hilton                             Ronald Isley                   LoToya Jackson

Don Johnson                            Margot Kidder                Larry King

Lisa “Left Eye” Lopes             William McKinley         Willie Nelson

Wayne Newton                        Ted Nugent                     Suge Knight

Cyndi Lauper                           Jerry Lee Lewis              Meat Loaf

Abraham Lincoln                     Thomas Paine                 Tom Petty

Bud Post                                   Susan Powter                  Robert Price

Randy Quaid                            Rembrandt                      Tommy Rettig

Burt Reynolds                          Mickey Rooney             Anna Nicole Smith

Dee Snider                                Lynn Spears                    Sheryl Swoopes

Lawrence Taylor                      Donald Trump                Mark Twain

Mike Tyson                              Johnny Unitas                Gloria Vanderbilt

Oscar Wilde                             Ray Winstone                Francis Lloyd Wright

Tammy Wynette