Arizona, Phoenix Bankruptcy Filings Drop in February | Legal News | News Ticker
- Home /
- Arizona, Phoenix Bankruptcy Filings Drop in February | Legal News | News Ticker
Put simply, Arizona has been hammered economically for years at this point, which means that any shred of positive news will be welcomed by those who live here. While economic news all needs to be processed in a relative sense these days, the state did see some positive indicators when the statistics regarding Phoenix bankruptcy filings and Arizona bankruptcy filings were released. The numbers showed that there were fewer filings in February of 2011 than there had been during recent time frames.
The metropolitan Phoenix area recorded just over 1,800 bankruptcy filings in February, which represented a 12 percent decrease from February of 2010. In addition, the Arizona bankruptcy filing statistics indicate that 2,440 cases were filed, which represents a 10 percent decrease from the previous February. It also represents the lowest number of Arizona bankruptcy filings in one month since the peak was hit in March of 2010 when over 4,100 new cases were filed somewhere in the state.
While this is certainly a positive indicator, recent Arizona bankruptcy statistics have also shown that one good month is far from a trend. There have been months in the recent past that have indicated a drop in filings only to see the next month involve a much higher number of new Arizona bankruptcy cases. In addition, as long as the jobs market and the real estate market remain mired in turmoil, any long-term economic recovery for Arizona will be extremely difficult for many reasons.
Arizona Bankruptcy Lawyers
Even though the number of Arizona bankruptcy filings dropped last month, there are still many people who have been damaged by the recession to the point where they need a fresh start. That can almost always be accomplished when someone takes the difficult first step of seeking qualified professional help to plot a course to recovery. Almost every financial situation, no matter how difficult or complicated, can be solved with the proper help and with the proper focus and diligence.
If you are ready to put your financial struggles behind you once and for all, seek the help of Arizona bankruptcy lawyers who have been helping people regain control of their lives for many years. The Phillips Law Group recommends the experienced bankruptcy attorneys atPhillips Law Group for all of your bankruptcy needs. Call today to schedule a free initial consultation!
Free Case Evaluation
Your message has been sent
Thank you for your message, we will get back to you soon.
- Auto Accidents
- Business Litigation
- Class Action Lawsuits
- Defective Drug
- Defective Products
- Employee Rights
- Employment Law
- Firm News
- Medical Malpractice
- Motorcycle Accidents
- Nursing Home Abuse
- Pedestrian Accident
- Personal Injury
- Premises Liability
- Product Liability
- Slip and Fall
- Social Security Disability
- Workers' Compensation
- Wrongful Death
Phillips Law Group does so much for the community!!! I especially enjoy seeing Juan Roque out there. This gentle giant always has a smile on his face and is a part of a caring and giving team.
Positive: Professionalism, Quality, Responsiveness, Value As someone who is familiar with the inner workings of the auto insurance industry I can whole heartedly endorse Steven J. Jones and Phillips law group as someone I would want on my side should litigation take place. They handled my case professionally, honestly, and with satisfactory results which I would not have expected without enlisting their help.
A friend of mine recommended Phillips Law and I’m so grateful, because they were so wonderful, so down to earth, so professional. I felt like they were family.
If you are in need of legal support for a motor vehicle collision of any kind, I highly recommend going to Phillips Law Group Injury Lawyers. Sean Davis has exemplary knowledge and experience in this field, compassion for his clients, and excellent judgment and communication skills.
Thank you Phillips Law Group for all the support and back to school assistance we appreciate it.
Phillips law group is the best around!
Phillips Law Group is a company that has taught me so many things. Here your work, your dedication, effort and discipline are valued, in addition to the fact that, as a woman, as an immigrant and as a human being, I have been given value and empowerment. We are a successful law firm because all workers feel part of a great family. I am very proud and honored to work at Phillips Law Group.
Two family members were in a bad wreck a couple of years ago, and as a result called Phillips Law to represent them. Montana Thompson was the attorney assigned to the case with the help of Nemo Farr as legal assistant. Mr. Thompson litigated a very generous settlement for both my stepdaughter and her son. Because my grandson is a minor, I decided to act as conservator for him to ensure the settlement was safe and secure. Montana helped with that process, but it was Nemo who went way above and beyond the call in finding a financial institution to use for the restricted account. There were some glitches in that process but Nemo helped navigate them with a calm expertise which belies his age. I would consider them both great representatives of the level of commitment to their clients and assets to their firm.
They knew exactly how to explain the case to me in a way that I would understand it. They gave me hope that my life wasn’t over.
Jasmine helped me so so much I want to thank her ! And also Aaron , i was always scared after an accident , knowing I would have to deal with lawyers but not here . Luckily I’ve only been in 3 accidents but this time it was fast and easy . And i received all the treatments I needed to help me recover ! Thank you Jasmine and Aaron!