The San Diego Bankruptcy Lawyers at the Golden State Law Group Alert Public to NACBA Report Indicating Student Loan Debt Leading to Bankruptcy Cases

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The San Diego bankruptcy attorneys at the Golden State Law Group, whose law firm Web site URL can be found at http://www.goldenstatelawgroup.com, hereby announce that the San Diego bankruptcy lawyers at the firm are providing a free initial consultation to consumers who may be struggling with unmanageable student loan debt. This offer comes in response to a recent report issued by NACBA, or the National Association of Consumer Bankruptcy Attorneys, regarding the increasing number of people needing bankruptcy protection because of student loan debt.

San Diego bankruptcy lawyers

San Diego bankruptcy lawyers

The Golden State Law Group is a law firm in San Diego, California that’s comprised of a team of attorneys who provide legal help to consumers.

The San Diego bankruptcy lawyers at the Golden State Law Group, a law firm dedicated to providing consumers with plans that are designed to bring about an end to their financial stress, hereby alert the public of an offer for a free initial consultation in response to a recent report issued by the National Association of Consumer Bankruptcies, or NACBA, stating that student loan debt has become a serious problem for many consumers.

Specifically, this report surveyed consumer bankruptcy attorneys around the United States and asked them about trends they saw in bankruptcy cases and clients. Approximately 40 percent of those bankruptcy lawyers surveyed stated that they have seen at least a 25 percent increase in the number of people who are considering filing for bankruptcy because of the enormous amounts of student loan debt they are carrying.

In addition to those responses, the consumer bankruptcy lawyers involved in the NACBA survey stated that even though many of their clients understand that student loan debt cannot be discharged in a bankruptcy case absent relatively rare circumstances, they still want to explore the possibility of bankruptcy. This is because filing for bankruptcy protection can eliminate other debts and free up more money to maintain these student loan payments.

The San Diego bankruptcy attorneys at the Golden State Law Group also understand that the collective amount of student loan debt in the United States has recently surpassed $1 trillion, and for the first time in history this amount of student loan debt exceeds the amount of collective credit card debt owed by consumers in the United States. The firm is therefore offering consumers experiencing financial problems an opportunity to schedule a free initial consultation with the San Diego bankruptcy attorneys at the firm.

About the Golden State Law Group

The Golden State Law Group is a law firm in San Diego, California that’s comprised of a team of attorneys who provide legal help to consumers. Specifically, the attorneys at the firm provide help to consumers in the legal areas of consumer bankruptcy, tax debt issues and personal injury cases.

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David Weil