I recently came across a New York Times article regarding the overall increase in bankruptcy filings. The number of people in the US who filed bankruptcy is March was record breaking.
According to the article entitled "Downturn Pushes More Towards Bankruptcy," published on April 3, 2009, an average of 5,945 bankruptcy petitions were filed each day in March. Let's review the numbers again, 5,945 petitions per day in MARCH. Just to give us some perspective that's 184,295 petitions. With that many people filing clearly Bankruptcy has become a sign of our times.
Like many of my clients, people are over this country are facing financial crisis. I help people who have lost their jobs and can no longer afford their credit cards or have medical bills that they can;t pay. Regardless of the many difficulties there are facing, filing bankruptcy has allowed them to get a fresh financial start.
If you are thinking about filing bankruptcy, there is nothing to be ashamed of. My office is here to help guide you through the process. You can reach me at 510-836-3618 or by email at shimealaw@gmail.com.
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