DebtFreeBankruptcyAttorney.Com continues to maintain and update bankruptcy news for 2012

Jan. 12, 2012 - PRLog -- Orange County, California January 11, 2012 – DebtFreeBankruptcyAttorney.Com a growing leader in online bankruptcy attorney referrals is continuing to expand their bankruptcy website as it has over the last year to offer more information for their visitors. DebtFreeBankruptcyAttorney.Com is currently adding frequently asked questions that many debtors continue to ask. The bankruptcy frequently asked questions area has become very popular and visited daily by many. DebtFreeBankruptcyAttorney.Com continues to maintain and update the news and updates that pertain to bankruptcy filing. In 2011, the US saw many corporations have to file for bankruptcy, and DBFA was there to report on it. DBFA has been monitoring the bankruptcy trends and passing the information on to the website users. Back in 2010, the US saw a record number of Americans filing bankruptcy. In 2011, the number dropped a small amount leaving the final numbers a little below flat. The media is reporting this as good news while many experts are wondering if it is the calm before the storm.

At the end of 2011, the average American had close to $16,000 in credit card debt and while this does not sound like much, the income for the same group continues to decline down to $38,000 per year. With the amount of indebtedness going up and the income of Americans going down, the end result is inevitable. Many professionals believe that Americans in debt should be proactive in their actions to get out of debt in this fragile economy. People living paycheck to paycheck, should consider seeking the advice of a bankruptcy attorney before a disaster strikes. When someone is struggling and in debt, anything a small as an illness or a vehicle breakdown can send the family's finances into a tailspin.

DebtFreeBankruptcyAttorney.Com will continue to upgrade the website in all areas to help as many Americans as possible. In 2011, there were 1.4 million homes that were foreclosed on and as the housing market continues to struggle, it was recently reported that there were close to three million homes in the US in danger of foreclosure. As the media continues to report that things are getting better a storm is brewing. Many experts are afraid that 2012 might be a huge year for foreclosure. Lately, banks reported holding off on foreclosing because of possible legal problems due to the amount of times that notes were sold making it next to impossible to prove the actual owner of the note. Instead of taking a chance of losing in court, they decided to wait to foreclose until they got their ducks in a row.

Many Americans wait until it's too late before deciding to file for bankruptcy. Many of them burned through assets that could have been protected by bankruptcy exemption laws. Most people that end up filing bankruptcy only wish they did it sooner. The first step to getting out of unmanageable debt is talking to a bankruptcy attorney to see if filing for bankruptcy is even available. The bankruptcy attorney will advise a consumer as to whether or not a bankruptcy filing is even feasible for their situation.

DebtFreeBankruptcyAttorney.Com has combined technology and old-fashioned personal contact together by allowing consumers to choose whether to fill out a form online or call and personally speak to a professional. People in debt should not make filing bankruptcy as their last resort, but a way to get back control of their financial future.

http://www.DebtFreeBankruptcyAttorney.Com will use 2012 to help as many Americans as possible re-gain control of their finances and put them back on the road to becoming debt-free.

About DebtFreeBankruptcyAttorney.Com
DebtFreeBankruptcyAttorney.Com believes that filing bankruptcy should not be a last resort when an individual is faced with debilitating debt. When facing unpayable debt an individual should immediately seek the advice of a bankruptcy attorney before the creditors take legal action. When it comes to financial matters, being proactive can save the debtor a lot of unnecessary stress. DebtFreeBankruptcyAttorney.Com was created using technology to help the debtor make an informed decision by educating them and putting them in touch with a bankruptcy attorney in their area. DebtFreeBankruptcyAttorney.Com has committed themselves to help consumers regain financial freedom and peace of mind for a debt-free future.

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Debt Free Bankruptcy Attorney provides information & services of filing bankruptcy, foreclosure, chapter 7 bankruptcy & chapter 13 bankruptcy. Free Case Evaluation of your financial situation from expert bankruptcy attorney.