Spending Sprees Not the Cause of Insolvency, Says a Bankruptcy Lawyer


One of the most popular myths in declaring bankruptcy is that the individual in question has gone on a spending spree without any thought of possible consequences. However, as bankruptcy lawyers in Raleigh, NC would tell you, court statistics show that most people go bankrupt for many different reasons.

The United States Bankruptcy Court statistics also show that in the current economic situation, 97% of those who have filed for bankruptcy are individuals, and not groups or businesses. Read more from this blog: http://bit.ly/2m9V4ct


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