Economic downfall is at lowest rate in 18-months

The economic stress of the nation is at an 18-month low due to the gains in employment which have helped offset the country’s high foreclosure rates.

In the 28 states and nearly 3,001 counties that were studied, stress fell 56 percent. A demand overseas for U.S. semiconductors and the growth and strength of technology companies has helped with the employment rates.

Stress has declined the most in South Carolina, Alabama, Michigan, Massachusetts, and New Hampshire. The rates have risen the most in Florida, Utah, Nevada, Louisiana, Hawaii.

If you are currently in a tight financial situation and are looking into your options,  bankruptcy may be able to help you reduce or eliminate your debt. Contact the Birmingham bankruptcy lawyer of Paula Greenway by calling (205) 324-4000

Paula GreenwayPaula Greenway

Paula Greenway is a native of Birmingham and has focused her practice on consumer bankruptcy since 1996. She is licensed to practice law in all jurisdictions throughout the State of Alabama. Paula has handled over 5,000 bankruptcy cases ranging in complexity throughout her career and prides herself on being able to come up with creative solutions to her clients’ financial issues.