Crashing Economy

Are you concerned that the crashing economy will put you in a position where you can’t pay your bills and end up with debts you can’t pay?  Things are starting to look rather treacherous economically.  Banks are collapsing, tech companies are laying off tens of thousands of workers, and even those with jobs are unable to keep up with very high housing and other costs.  All this is made even worse by the current inflation.

People’s income is simply not keeping up with inflation, and this has been true for housing prices for years.  Many if not most Americans can’t afford a $400 emergency, and most Americans live paycheck-to-paycheck, meaning that if they miss one paycheck, they’ll get behind on their bills.  All of this means that the economy for regular people is not good at all, and it’s getting worse with the new bank failures and layoffs.

If the crashing economy causes you to get to the point where you can’t pay your debts, contact a bankruptcy attorney today.  Bankruptcy can’t get you income, but it can get rid of debts that you can’t pay.