As is evident from the recession, people are struggling to keep their jobs. Recently it was reported that only 24.6% of all jobs in the United States today are actually good jobs. You cannot consider working at Mickey D's or other fast food restaurants to constitute a career choice by any means. The unemployment numbers were released in the beginning of August and with no surprise, are worse than the previous month at 8.3%. One thing the government is not informing anybody is the number of people that have fallen off the radar because their unemployment insurance been exhausted and they still are not working. On an average more than 51% of Americans are now on government assistance. It seems that the number of Americans filing bankruptcy is soon going to take another rise. The number of Americans filing bankruptcy Chapter 13 or chapter 7 has been rising steadily to a high of close to 1.6 million back in 2010. Since then, the numbers have dropped a little or stayed flat. Many financial experts have been predicting that this might be the calm before the storm.
In this economy, you may want to consider law as a career option; many parents will instruct their children to go to law school to become a bankruptcy attorney. This is one of the only careers that thrive in a bad economy and the scenario is such that it appears that bad economy is here to stay. Recently, several bankruptcy lawyers in Chicago have diversified and started defending clients that were in foreclosure. Due to the unstable market, many loans that were taken out back in the boom time were sold and resold many times over. This occurred due to the deregulation of the industry. Many banks could not even prove that they own the paper free and clear, angering the judges causing the bank to lose the property entirely. Now, a foreclosure takes approximately one year from beginning to end as things have to go through multiple phases. Real estate experts are predicting a continued downslide in real estate prices nationwide and the economy continues to wallow.
With all this going on this is the time for the youngsters to get into the law school and to begin practicing as a bankruptcy attorney. This economy will not recover any time soon and over the next 10 years we will see many Americans filing bankruptcy. People having financial trouble should consider consulting a bankruptcy attorney to look at different options.
To find out if about filing bankruptcy and more, contact Chang and Carlin LLP for a free consultation with an experienced bankruptcy lawyers in Chicago, Illinois who will review your situation and give you a detailed analysis of your case.
In this economy, you may want to consider law as a career option; many parents will instruct their children to go to law school to become a bankruptcy attorney. This is one of the only careers that thrive in a bad economy and the scenario is such that it appears that bad economy is here to stay. Recently, several bankruptcy lawyers in Chicago have diversified and started defending clients that were in foreclosure. Due to the unstable market, many loans that were taken out back in the boom time were sold and resold many times over. This occurred due to the deregulation of the industry. Many banks could not even prove that they own the paper free and clear, angering the judges causing the bank to lose the property entirely. Now, a foreclosure takes approximately one year from beginning to end as things have to go through multiple phases. Real estate experts are predicting a continued downslide in real estate prices nationwide and the economy continues to wallow.
With all this going on this is the time for the youngsters to get into the law school and to begin practicing as a bankruptcy attorney. This economy will not recover any time soon and over the next 10 years we will see many Americans filing bankruptcy. People having financial trouble should consider consulting a bankruptcy attorney to look at different options.
To find out if about filing bankruptcy and more, contact Chang and Carlin LLP for a free consultation with an experienced bankruptcy lawyers in Chicago, Illinois who will review your situation and give you a detailed analysis of your case.
What type of an attorney for social security federal court?
ReplyDeleteI have been through a social security attorney without much help really for my SSDI case. Now I'm ready to take the social security office to federal court for too many reasons to explain. Do you think trying to hire a civil rights BankruptcyAttorney attorney would be better? Most social security attorneys don't want to go to the federal level, so I don't want to have them hold me back from something I know needs to at least be tried. The worst that can happen is I lose. I'm not concerned with the expense in doing this, I want justice.
Hi there! great stuff here, I'm glad that I drop by your page and found this very interesting. Thanks for sharing, keep it up!
ReplyDeleteIf your gross income is above the median income of the state in which you reside, you cannot file for Chapter 7, but filing Chapter 13 may still be possible. There may be other options available to you as well, and we will help you review these choices.
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