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Struggling with debt? Our law firm can help you

Some Washington residents who are facing extreme financial problems can seek relief through filing for bankruptcy. Often a foreclosure can be halted and the family home saved. However, even when that is no longer a realistic possibility, filing for consumer bankruptcy can eliminate the possibility of creditors pursuing collection efforts after a property is lost to foreclosure.

Is increased credit card debt good for the economy?

Washington residents may be surprised to learn that, on average, credit card debt for American households is $15,611 for those households who have debt, while the Federal Reserve and other government sources indicate statistics show a balance of $7,283 for the average household's credit card indebtedness.

Medical debt can force Washington bankruptcy filings

Despite the passage of the Affordable Care Act, many Washington residents are still mired in medical debt that threatens to bankrupt families who were blindsided by sudden illnesses or catastrophic injuries. Unpaid medical debts were the primary cause of the majority of personal bankruptcies in 2013.

Washington foreclosure rates continue to drop

The national rate of foreclosure on homes in the United States dipped below 1 percent for the first time since 2006. Washington residents will be relieved to know that ours was not one of the 11 states and the District of Columbia that reported a rise in foreclosure activity in 2014.

New rules may help end creditor harassment for consumers

Some King County consumers may be interested to learn of a recent announcement by the Consumer Financial Protection Bureau. The agency is considering new regulations regarding the way the collection industry goes after consumers for alleged debts that they owe.

Free yourself from consumer debt

Washington residents aren't alone in their struggles with credit card debt. On average, the typical credit card balance for Americans is more than $15,000. However, many consumers are bowed under much higher debts on their plastic and seeking ways to get out from under the debt mountain.

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