Bankruptcy skyrocketed this summer up 73% from last, for people who own homes worth 1mm+
The real estate debacle and soaring debt loads have caused this to occur. Instead of liquidating their assets and walking away the wealthy individuals are filing Chapter 11 to attempt to work out their debt
Even pop culture celebrities are getting caught in this squeeze. Many of these individuals also cannot afford a bankruptcy attorney.
As bankruptcies continue to surge alternatives have to be discovered.
SYD offers many programs as an alternative to bankruptcy. Contact SYD to speak with one of their accredited debt specialists to obtain a free program overview and analysis of what they can do for you. SYD’s only goal is to help you our client relive you of the financial stress that is burdening you.
Tags: alternative to bankruptcy, Bankruptcy, debt settlement