New JacksonWhiteLaw Bankruptcy Attorney Now Offers Relief to Rising Bankruptcy Rates in Phoenix AZ

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Phoenix Bankruptcy Rates

Much of the fear or uneasiness associated with bankruptcy stems from not knowing or understanding what to expect and what the actual process will be.

Phoenix, AZ (PRWEB) November 5, 2009

Bankruptcy in Phoenix, AZ, has increased drastically over the past few years. In January of 2006 there were 162 chapter 7 filings in the Phoenix area compared with December of 2008, when there were 1,155 chapter 7 filings. This is an incredible 712% increase in just two years. In January 2006 there were 63 chapter 13 filings and in December 2008 there were 211 filings, a 350% increase.

This year, foreclosures climbed to an all time high for the third time in five months in July. Foreclosure rates are up 32% when compared to this time last year and Arizona has the third highest foreclosure rate in the nation, behind only Nevada and California. Though the nation as a whole has seen a decrease in bankruptcies, unfortunately bankruptcy in Phoenix has not followed that trend.

Though bankruptcy seems like a scary thing and carries many negative connotations, it may be the best option at renewed financial security. With the help of a knowledgeable Arizona bankruptcy attorney, the process can be made easier. In fact, if proper steps are taken, many consumers can achieve a higher FICO score just 12 months after filing for bankruptcy than they had before.

Though bankruptcy in Phoenix is still on the rise, there is help out there. Jackson White Law bankruptcy attorney John Skiba now offers free bankruptcy consultations and helps consumers decide if filing for bankruptcy is the best option, what chapter to file under, and will guide the consumer through the entire process.

About John Skiba:
John Skiba is an Arizona bankruptcy attorney, assisting individuals and businesses in financial distress. He also handles general creditor/debtor legal issues and chapters 7, 11, and 13 bankruptcy cases. John is a member of the State Bar of Arizona (Bankruptcy Section), the American Bankruptcy Institute and the National Association of Consumer Bankruptcy Attorneys. During law school John served as a judicial extern to the Honorable Robert C. Jones, United States Bankruptcy Judge for the District of Nevada.

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