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NORCROSS, GA, July 25, 2013 /24-7PressRelease/ -- The Atlanta bankruptcy lawyers at Clark & Washington would like to address the number of chapter 7 bankruptcy filings that occurred in Atlanta and Gainesville earlier this year. The firm notes that there were more than 3,000 filings in March of this year. These figures have decreased in the last few years, but in no way are they indicative of a healthy economy. The Atlanta bankruptcy attorneys note that statistics are always misleading. While this number may not seem high when compared to the respective population base, every filing represents a person and/or family that have been forced to surrender their assets due to mounting debt.
Every Number is a Person, Notes the Atlanta Bankruptcy Attorneys
The Atlanta bankruptcy experts want to remind residents to think of the larger picture. At the current rate, this means nearly 40,000 people will file for chapter 7 and 13 bankruptcies in 2013. It may be difficult to conceive the effects this can have on the economy, but it isn't hard to imagine the consequences are for the individuals that have to live with them. The specialists in bankruptcy in Atlanta note that bankruptcy should always be considered a last resort option, but that oftentimes it is a necessary one. It is important to remember that financial misfortune can strike anyone at any time. If you have found yourself in debt and are in jeopardy of losing your home, consider giving the Clark & Washington a call.
Clark & Washington has been practicing for many years. To learn more about their services and how they can help you, please visit http://www.cw13.com.
About Clark & Washington:
Established in 1983, Clark & Washington is now one of the leading bankruptcy filers in the Southeast. They have locations in Georgia, Florida and Tennessee. Clark & Washington specializes in personal chapter 7 and chapter 13 bankruptcy. They offer honest, helpful legal advice to those experiencing financial hardships.
For more information, visit http://www.cw13.com
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