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Bankruptcies are on the rise in February of 2010

The new law Congress passed to slow down bankruptcy filings is not working. All the new law does is impose unnecessary cost burdens on you.

111,693 bankruptcy cases were filed in the US in February of 2010 – that is 9% increase from January.

Chapter 7 filings are up and Chapter 13 filings are down. That means less people are trying to save their houses from foreclosure and are deciding to walk away.

Do you need help or have questions about your financial situation? Call me or contact me through this website.

Thank you for visiting.

Attorney Mike Shovan