It's still a rough economy as the data shows us. As a Newark bankruptcy attorney, I work with people who are struggling financially and help them recover.
Newark, NJ (PRWEB) February 28, 2012
The United States economy is still struggling and people are feeling the burn. Even though we can read current stories in the news about how things are starting to turn around, there are several areas in the country that have further to go than others. In Newark, NJ, there has been a surge in the number of cases of people filing for bankruptcy. People are searching for Bankruptcy lawyers in Newark to help them and the Newark Bankruptcy Center is staffed with several experienced Newark bankruptcy attorneys.
The condition of the economy in Newark compared to the national average data is eye-opening and the amount of bankruptcies that have been filed in Newark confirm it. First off, the unemployment rate in Newark is 15.20%. Compared to the national average of 9.10%, Newark is obviously experiencing a shortage of jobs. The average household income for Newark Residents is $34,403 which is 35% lower than the national average of $52,954. Newark is a large city with a relatively high cost of living. With this data released, it's no wonder that there has been a surge in Newark Bankruptcies.
Newark bankruptcy attorney Douglas G. Mitchell commented on the current condition of the economy in Newark: "It's discouraging for a lot of individuals and families to see that the Newark area averages for household income and future job growth rates are lower than the national average -- a lot lower. There are people struggling financially and Newark isn't the least expensive area to live in. It's still a rough economy as the data shows us. As a Newark bankruptcy attorney, I work with clients who are struggling financially and help them recover."
The Newark Bankruptcy Center offers the assistance of an experienced Newark bankruptcy attorney. Services such as Newark Chapter 7, 11 and 13 bankruptcies are offered, as well as credit counseling to aid clients in building a stronger financial future. If you are looking for a bankruptcy lawyer in Newark, the Newark Bankruptcy Center is waiting to personally handle to case.
About Newark Bankruptcy Center:
Our Newark bankruptcy attorney is Douglas G. Mitchell, Esq., who is a proud member of the New Jersey Bar. At some point in most people’s lives, they or their loved ones will have a legal problem that requires an attorney’s help. If you find yourself in that position, let him guide you through the legal maze. Douglas is an experienced attorney in Newark who will advocate strongly and tirelessly for your legal needs. His goal is to help you solve whatever legal dilemma you may face. If you are facing a foreclosure, wage garnishment, a frozen bank account or overdue bills, Douglas will fight to preserve for you what is rightfully yours. As a Newark bankruptcy attorney, his clients' needs and concerns are his top priority. If you give him the privilege and honor to represent you, then you will receive nothing less.