Please click on this link: http://www.financiallit.org/PDF/2010_Demographics_Report.pdf
This report is eye-opening. It is from a national foundation that assists individuals facing financial difficulty; including on the verge of filing bankruptcy.
When I was in my younger career, bankruptcy was almost viewed as a "dirty word"; almost like those who file walk around with a Scarlet "B" tattooed on their chest.
What this report shows, and if anyone is paying attention to our economic climate can tell, is that the continued recession has reached into more homes at an alarming rate.
What has previously been viewed as making enough to be bankruptcy proof is not the case in 2011. Job reduction, income reduction, cost inflation; all of these factors have contributed to the strife facing an ever-increasing amount of Americans.
If you are an everyday American reading this and going through financial difficulty; I hope this shows you that there is no shame in reaching out for help. Many of your neighbors and people you would not believe are doing so. If you are a fellow attorney; this should certainly be an eye opener to just how much our services are needed today more than ever.
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