South Florida Bankruptcy Lawyer

According to a report by the U.S. Bankruptcy Court for the district of Arizona, statewide bankruptcy filings for the month of January underwent a 63% increase compared to the same month last year. The statistics, which show a total of 967 filings this year, also showed a heavy imbalance in the type of bankruptcy petitions being filed. Nearly 75% of the bankruptcy filings were under Chapter 7 of the bankruptcy code, which allows for the dismissal of most debts.

On a nationwide scale, bankruptcy filings rose about 30%.

Many people turn to bankruptcy as a way to get back on their feet during times of financial hardship. If you need help filing a bankruptcy petition, don’t hesitate to call Boca Raton bankruptcy lawyer Eric N. Klein at 561-353-2500 today.