${site.data.firmName}${SEMFirmNameAlt} ${site.data.firmName}${SEMFirmNameAlt}
254-633-2876 | fax 866-825-8786
Main Menu
  • Let
  • Help
  • Free No Obligation

Bankruptcy Attorney
Helping People Of Waco
Find Debt Relief

Basketball legend may seek debt relief through bankruptcy

No one is immune from experiencing financial struggles. In fact, sometimes such troubles are visited upon very successful and hard working people. This is not surprising because successful people often accrue large amounts of wealth that they use for their investments. Unfortunately, sometimes investments don't work out, even for those who have a history of accomplishment.

Christian Laettner is rightfully considered one of the most successful players in NCAA Basketball history. During his years at Duke University, Mr. Laettner was a key part of teams that won two national championships and participated in four final fours. After college, Mr. Laettner also played 12 years of professional basketball in the NBA. In short, Christian Laettner was a winner.

After his basketball career ended, Mr. Laettner shifted his attention to the real estate industry. But reportedly, his business career was marred with troubles. And recently his creditors filed a petition against him for an involuntary Chapter 7. Mr. Laettner has a brief period in which he must reply, but bankruptcy remains a distinct possibility.

Accounts indicated that Mr. Laettner has always been a hard working person, yet he still has experienced a financial setback. If you are in the throes of similar turmoil, you have every reason to try to reconcile the situation on your own. Sometimes it is possible to navigate through an economic storm and come out on the other side in good shape. At other times it may be best to consider your options for an exit strategy.

Bankruptcy could be a very useful tool for extricating yourself from an unfortunate set of circumstances. To rebuild your life, you could benefit from the protections that a Chapter 7 bankruptcy could provide, including the discharge of certain debts and the halting of home foreclosure. An experienced Texas bankruptcy attorney could help you make the choices that are right for you.

Source: Duke Basketball Report, "Tough Times For Duke Legend Laettner," JD King, July 3, 2016

No Comments

Leave a comment
Comment Information
National Association of Consumer Bankruptcy Attorneys The College of the State Bar Of Texas Greater Waco Chamber of Commerce Member Logo

Office Location

The Kehl Law Firm, P.C. 3715 Bellmead Dr Waco, TX 76705


Fax: 866-825-8786

Waco Law Office Map

Connect With Us

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy