2010 Bankruptcy Filings Up 14%

An interesting blog post with this information from Maryland Bankruptcy Attorney Brett Weiss:
“According to the 2010 Fiscal Year statistics from the Administrative Office of the U.S. Courts, the number of bankruptcies filed between October 1, 2009 and September 30, 2010 increased from 1,402,816 to 1,596,355, an increase of 13.8%.”
As we see the economy continue to falter and not rebound, and bankruptcies continue to rise, it may be important for you to examine your financial situation and consider discussing your options with a qualified, experienced bankruptcy attorney.  We have found that it is often very important to get advice on your options earlier rather than later, thus enabling you to make these important decisions with as much information available to you as possible. Sometimes, bankruptcy is not the only alternative available, and your attorney can discuss this with you.
John Rogers, Kentucky Bankruptcy Attorney