Reported in the USA TODAY, dated October 13, 2011, more Americans are piling on debt and fewer are seeking counseling or bankruptcy in order to get their finances back in order. Poverty has increased, unemployment hovers around 9% and consumers have accumulated close to $19. Billion in credit card debt during the second quarter. That is up 66% from the same quarter in 2010!

The number of people who went to a credit counselor has declines, fewer people are signing up for debt repayment plans and the number of people seeking to file bankruptcy is down 10% for the first nine months of the year. This is according to the American Bankruptcy Institute.

One factor people are not seeking bankruptcy is due to cost. At Miller and Miller our fees are reasonable and we do offer payment plans. If you are experiencing financial difficulties at this time please call our office to set up a free initial consultation to see how you can get the financial relief you need.