bankruptcy

Bankruptcy

2020 Pandemic Bankruptcy Statistics

It’s no surprise to any that have lived through the recent COVID-19 pandemic that the economy has suffered greatly. Individuals who relied on their weekly paycheck found themselves out of work for months and waiting on unemployment checks. Businesses have found themselves unable to employ workers and produce the number of products and services they’re used to. Recently, there have been a number of statistics released about how this pandemic is affecting the economy. Overall, there have been many disruptions, increases in bankruptcy filings, from May to June, and also from 2019 to 2020. Meanwhile, non-business filings fell, surprisingly. Here is a brief overview.

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Bankruptcy Document Preparation by Non-Lawyers

Bankruptcy Document Preparers Raise Concerns Concurrent with the increase in U.S. Bankruptcy Court filings, the federal bankruptcy courts are expressing greater concern with abuses and errors committed by non-lawyers who engage in the business of helping prepare bankruptcy filing documents. With the cost of legal representation soaring to all-time highs, more people who seek bankruptcy protection are

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A Rising Market Won’t Stop the “Economic Rot” Beneath

Are you prepared for when the “disconnect” between the market and economy reconnects? Suppose you see a lovely house — one with great curb appeal. It has new paint and manicured shrubbery out front. But also suppose that you look more closely. You press your thumb on the window sill and the wood frame crumbles

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