The Dow Dips
The Wall Street Journal reports a major dip to below 1000 for the Dow Jones Industrial Average before rising ever so slightly above that 1000-marker, where it settled. The culprit? Why, the global economy, of course. The Dow’s 268.7 point fall is the worst since April of 2009 in addition to a marked 3-month low for 2010. Meanwhile, Treasury prices rose, as did the dollar, and investors ran for cover. The bleak unemployment picture also plays a major roll. This is no surprise to Bay Area consumers and especially Northern California consumers in debt as we all balance our budgets, clamor to the internet to check our credit scores and consider filing bankruptcy as a viable avenue to resolve mounting debt through bankruptcy options and hopefully get that Fresh Start everyone has been hearing about.
If you are a San Jose consumer in debt facing similar dips and lows, you may need the advice of a qualified bankruptcy attorney. The economy being what it is and mounting debt against a rising dollar may prompt Bay Area debtors to re-evaluate their finances and seriously consider bankruptcy options.
If you have a question regarding Bankruptcy in San Jose please contact us at 408.279.2288 or visit www.bkanswers.com and we can connect you with one of our experienced San Jose Bankruptcy Attorneys. After you have spoken with one of our San Jose bankruptcy attorneys we can schedule you a free face to face appointment in our office location nearest you. Our team of San Jose Bankruptcy Lawyers can assist you with all aspects of your case. If you have questions about filing a chapter 7 bankruptcy, a chapter 11 bankruptcy, a chapter 13 bankruptcy, lien stripping, cram down, stopping a foreclosure or wage garnishment, discharging debt, etc. we can help! We have bankruptcy attorneys located throughout California who can assist your financial needs. Please feel free to complete our free bankruptcy evaluation and we can quickly determine if you are a qualified candidate for bankruptcy.
