Bankruptcy filings are reportedly down by 21 percent for the second consecutive month from this time last year. May also was the ninth straight month filings had fallen.
Some have said that the local economy has not improved, but the caseloads by local attorneys are decreasing because fewer people are seeking debt relief.
Some who are eligible to file for bankruptcy are not doing so because of job loss, which means they no longer have assets to protect. In the month of May, there were 599 cases filed, compared to the 762 that were filed at this time last year.
If you or a loved one has been looking for debt relief, you need experienced representation on your side. Contact the Florida debt negotiation lawyers of Ryan J. Really, Attorney at Law, PLLC, by calling (239) 237-0675.