Bankruptcy and Unemployment
Posted By
Majed on Jan 26, 2011 7:00am PST
According to a recent Gallup poll, over 25% of unemployed adults are in financial distress. This is slightly more than the 21% of underemployed adults in financial distress and grossly more than the 8% of gainfully employed adults in financial distress. 40% reported that, although they are managing, it is still a struggle to pay their bills.
If you are among the almost half of unemployed Americans who is struggling to make ends meet, you have solutions. Filing for Chapter 7 or Chapter 13 can help you keep creditors at bay while working out your current finances. Contact the Fears | Nachawati Law Firm law firm to discuss your bankruptcy needs.