More People Declaring Bankruptcy
Posted July 3, 2009 12:00 pm.
This article is more than 5 years old.
For many people in a personal economic crunch, declaring bankruptcy can seem like the only option. Mary Allert was one of those desperate individuals.
$50,000 of debt left her in a constant state of anxiety, and the persistent calls from creditors only added to her psychological turmoil.
After more than 10 years of financial stress, the 35-year-old single mother declared bankruptcy.