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United States Consumer Bankruptcy Filings Way Ahead of Last Year’s Rate | Legal News | News Ticker

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  • United States Consumer Bankruptcy Filings Way Ahead of Last Year’s Rate | Legal News | News Ticker

Everyone understands that the American economy remains mired in a recession that seemingly has no end, despite the proclamations of experts that the recession is over and things are improving. The fact of the matter is that the variables that most define the state of the economy for individuals – jobs and the real estate market – remain in terrible shape. This leads to serious financial problems for many people, and those who are experiencing this type of stress need to understand that they are far from alone, as you’ll see below. Those who want to take steps to put an end to their financial troubles should seek the help of experienced Arizona bankruptcy lawyers.

2010 United States Consumer Bankruptcy Filing Statistics

The latest news to hit the wire concerning the ‘real-world’ state of the American economy comes from the American Bankruptcy Institute, an entity that tracks trends and statistics regarding American bankruptcy cases. According to their data, almost 1.2 million consumer bankruptcy petitions were filed with United States Bankruptcy Courts from January 1st of 2010 through September 30. This number of filings surpass the number of consumer bankruptcy cases filed within the same time frame from 2009 by 11 percent, and 2009 was supposed to be the ‘worst’ of the recession. The institute forecasts a total number of consumer bankruptcy filings to meet or surpass 1.6 million cases by the end of the year.

How Arizona Bankruptcy Lawyers Can Help

Even though so many people share the unfortunate circumstance of enduring financial stress, no two financial situations are ever exactly alike. Therefore, those who find themselves in this situation need to take the all-important step of meeting with an Arizona bankruptcy attorney to fully review their financial situation. This analysis may present options that either include or exclude bankruptcy in furtherance of finding a way out. However, it all starts with a plan, and those who are ready to move forward and put an end to this situation should contactMontano Arentz & Associates, PLLC today to schedule a free initial consultation.

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    • I was recently served court documents that I was being sued from an accident that happened years ago. For someone who has never been through something like this and not familiar with the court lingo or where to even begin, it was very frustrating and stressful. I reached out to a family member who knew Tracy Laskos and the great reputation of Phillips Law Group and within the hours of the initial call for help, I had a direct number to Lead Attorney Nassar. Nassar heard my case and almost instantly put me at ease by explaining the process and how easy it was to handle. Nassar spoke to me like he was a friend, not like I was a client. I am so grateful to Tracy, Nasar and of course my cousin Stephanie for helping out and giving me the direction that I needed to get through this situation. I plan on referring my friends, family and patients that are in need of a personal injury Attorney to Phillips Law Group. Thank you!!
    • Phillips Law Group provides a collaborative environment in which both attorneys and staff work together to achieve the best outcome for clients. As an attorney here at PLG, I’m lucky to be surrounded by seasoned attorneys and knowledgeable staff that share my enthusiasm for helping accident victims. The team here at PLG treats clients with respect and empathy while fighting hard to get the results they deserve.
    • I tried a few previous law firms and none would take my car accident case with confidence they could get my anything. Phillips law group took my case and although it took around 4 years to get this case settled as I was in treatment, they never let up with insurance adjusters and they got me as much money as possible. They worked hard for me and advocated for me. Shoutout to key individuals who worked my case nonstop of the years, Robert Ross & Jasmine, you are AMAZING!
    • I would like to send special thanks to Phillips Law Group for giving me the opportunity to be a part of the Best Law Firm here in the Valley. During these troubling times with the epidemic, Phillips Law Group has masterfully created this family-like environment while still maintaining a professional and business-like approach for all their clients. Thru impeccable leadership that is unmatched by other law firms to the Multi-diverse employment opportunities that many employees advance within the firm; Phillips Law Group has not only distanced themselves from all other competition in the Personal Injury field but also has innovatively changed the narrative of being a great law institution. From providing Employee Appreciation Day to celebrating all major Holiday including great competitive contests; Phillips Law Group has the total participation of all employees to help contribute to the continued success of this firm. So in closing I would like to thank Senior Administration (Jeffery Phillips, Eva Chiaramonte, and Tim Tonkin) along with all of my colleagues and many friends for help making Phillips Law Group a unique and wonderful place to call my place of employment for 6+ years.
    • Jasmine , did a great job . Highly recommend!!!!!
    • I’ve been working at Phillips Law Group for nearly four years and I can confidently say this is the best personal injury firm in Arizona to work for. The firm is the best for numerous reasons but to start, Phillips Law Group gives employees opportunities for promotions and growth. I started working within the settlement department, moved to a paralegal assistant and grew to be a pre-litigation paralegal with my own case load. Each attorney I have worked for is extremely knowledgeable, friendly, and easy to talk to. Secondly, I love how Phillips Law shows appreciation for employees. They host Friday Zoom Huddles giving out PTO, goodie bags, special shout outs, bonuses and gift cards. They also host extravagant holiday parties and fun contests during the Holidays! Lastly, the firm cares about giving back to the community, which is a trait I value as well. It’s rewarding to see a fast paced firm taking time out of their busy day to pay it forward. I would highly recommend working at Phillips Law Group!
    • Definitely recommend! Awesome
    • Many companies talk about teamwork but few practice it. Many companies talk about an employee friendly environment but few actually provide it. At Phillips Law Group the foundation of our success is making sure we work as a team and that we work in an environment that allows everyone to thrive and be at their best every day. Our firm understands that in order for the client to have a great experience the people responsible for that client’s case must be given all the necessary tools and encouragement to make that happen. That’s the Phillips Way. As a manager of this firm in charge of several employees as well as directly affecting the client’s experience I take tremendous pride in saying we live by these premises and we work hard to build on them and make them better every day. This is an amazing place because it has amazing people working here!
    • Jasmine Delgado is an amazing paralegal. She was patient, kind and extremely knowledgeable. Highly recommend Phillips law group
    • Working at Phillips Law Group has been great the 1st few years in I noticed how well organized and run this Firm was from Intake to Settlement the Client has the expertise of a staff member uniquely qualified for the particular stage of each Clients claim and all other Law firms try to emulate what we do here but none quite get it right because they lack one major component “Compassion”. We are a FAMILY not just a group of people/employees. We care deeply about each other and our clients’ we are considerate, compassionate and make sure that all our Clients’ needs are met from beginning to end. That’s because we treat our clients just like we treat each other. Nothing like walking through the office and saying Hello to fellow employees who always seem to be smiling. 16yrs in and it only seems to be getting better.

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