Bankruptcy Statistics
From 2005 into 2006 bankruptcy filing rose to 1,794,795 cases compared to the 1,590,975 cases filed in 2005 (uscourts.gov). Also, according to the site, Chapter 7 Bankruptcy filings were the most popular with Chapter 13 cases being a distant second. What is the cause of this rise in bankruptcy filings? Many people blame the economy, inflation and many other sources, but in all actuality, the bases for most people who fall into financial trouble is lack of judgment and caution while spending. Credit cards are typically the major downfall for most people who forget about the high interest rates that co-exist with the “buy now, pay later” motto.
But do not fear! BankruptcyHome.com is here to help you settle those credit card debts and other unsecured debts. If you are paying off credit cards with other cards, stop, and come in today and let us help you plan out a path to a debt free future! One of the major signs that you are in financial trouble is paying off bills or credit cards on credit that you can’t afford. Once again, the “buy now, pay later” motto is evident. By coming in and visiting with a Bankruptcy Attorney, you will learn about different ways you can help stop this from happening and discover the benefits of filing for bankruptcy. Not only will we take care of your case, but we will do it quickly and efficiently. Our priority is to get you back on the right path to a new financial future and throw those debts out the window.
So what are you waiting for? Contact us today! Even if you are just starting to get into financial trouble, we can help stop it from proceeding any further!
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