This article from Market Watch describes 62% of Americans as unable to handle emergency financial situations:
You can prevent yourself from this situation by managing your debt today. Don’t wait until you are in an emergency situation before you manage your debt.
If you are in a better financial situation now than you were during the financial crisis and Great Recession, check your debt statements and make sure to manage them now. Bankruptcy is traditionally viewed as a crisis in itself, but, in reality, bankruptcy is the solution, not the problem. Bankruptcy is a right that you have to eliminate your debt in times when your debt becomes unmanageable. You can file for bankruptcy even when you are employed. Bankruptcy is not designed to take away all of the things you need in order to lead a normal life.
Bankruptcy is a realistic solution if you qualify for it. Contact Bankruptcy Law Professionals today if you are in the Los Angeles, Orange County, Riverside County, or San Bernardino County areas to see if you qualify.