Last month we posted on the fact that Casey Anthony had filed for Chapter 7 bankruptcy. With more than $792,000 in liabilities, a list of 80 creditors and just $1,100 in assets, she is a good example of when debts just get so far out of hand that bankruptcy really seems like the only option.
If you are feeling overwhelmed by the amount of debt you seem to be racking up on a regular basis and just feel buried by those burdens, you are not alone. With the current tough economic conditions and high unemployment rate, many individuals find themselves doing something many never before considered - filing for bankruptcy. While such an action has always carried with it a certain stigma, the circumstances have changed in Florida and nationwide to where it is becoming a more acceptable practice for finding debt relief.