There are many myths about bankruptcy. Many of my potential clients have been scared into thinking that they will lose everything they own and never be able to get credit if they file for bankruptcy.
Here at Steidl & Steinberg, we go out of our way to explain to our clients that they will not lose their property when filing for bankruptcy and they will be able to rebuild their credit afterward. Despite all of our assurances, the fear that myths have instilled in our clients will rarely cause someone to withhold information about assets and debts.
April’s unemployment numbers aren’t encouraging for Beaver County residents looking for a job. The County’s unemployment rate was 6.8%. That number was higher than the prior month and the same month last year. If you’re one of the approximately 6,000 Beaver County residents that are without work, now is the time to take a serious look at your finances.