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Category: Economy

13 Jan, 2020
Reaves & Lee

Unemployment and Bankruptcy

When people tell why they filed for bankruptcy, unemployment is often the number one reason given — layoffs and unemployment as being the primary factor of job-related financial stress. For most Americans, an interruption...

25 Oct, 2019
Reaves & Lee

Unemployment and Bankruptcy

One of the most cited reasons for filing bankruptcy is unemployment or a reduction in income. The loss of income can come from death or divorce of the primary wage earner, layoffs, and cutbacks at work. Job-related financial...

26 Jul, 2019
Reaves & Lee

Bankruptcy and Scams

Unfortunately, people in dire financial situations are targeted by unscrupulous companies and scams. These scammers get your name from the foreclosure records or bankruptcy court records and disturbingly by purchasing lists...

1 Jul, 2019
Reaves & Lee

Retirement Plans and Bankruptcy

If you are considering filing bankruptcy and worry you may lose your retirement funds to pay your creditors, know that most states consider these accounts completely exempt. The Bankruptcy Abuse and Prevention and Consumer...