According to a recent article in the Consumer Bankruptcy Reporter, consumers ended 2012 owing $11.34 trillion. This report is based upon figures from the Federal Reserve Bank of New York. By comparison, the reported total was $31 billion more than consumers owed at the end of September 2012. … The article noted that the “peak indebtedness” of individual American … Read More
Chapter 13 & Chapter 7 Bankruptcy Information
Bankruptcy Total bankruptcy filings for May have decreased 11% as compared to the previous year. Many households have reduced spending and businesses are being helped by low-interest rates. However, if you are not so fortunate, filing Chapter 7 bankruptcy or Chapter 13 bankruptcy may be your only option. If so, one of the RGG Law bankruptcy lawyers can help. Bankruptcy … Read More