Bankruptcy Filings in Orlando Division
Happy New Year from The Bartlett Law Firm, P.A. in Orlando, FL.
Bankruptcy filings in 2009 for the Orlando area increased to about 20,000 filings. This is a substantial increase from only around 12,000 one year earlier. It is clear that many people found themselves in substantial financial trouble during this time. The bankruptcy system was there for them, helping them to discharge much of their debts. If you are thinking of filing bankruptcy, feel free to take advantage of our free consultation.
So far, for 2010, there are have been about 500 filings in the Orlando area, essentially the same rate as filed thus far last year.
Because of the substantial numbers of anticipated future foreclosure filings, as adjustable rate mortgages continue to reset in massive numbers this year and next year, it would seem that many more people will likely choose to file in the coming months. It is important that these people choose bankruptcy lawyers that will be able to assist them effectively in this important time.
