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Economy

Can Student Loan Debt Affect Our Nation’s Future Economic Growth?

Students across the U.S. have accumulated so much student debt since the 2008 recession that it now poses a threat to our nation’s economic growth. Americans laboring under the assumption that they could pay...

Allmand Law Firm
September 26, 2012 Economy

The Crisis of Texas: An Economic Downturn

With the upcoming election, thousands of voters in Texas have a variety of woes facing them. This infographic will teach you about some of the big issues in Texas and how they could play...

Allmand Law Firm
August 16, 2011 Economy

How The Debt Downgrade Could Impact Your Finances

For debtors filing bankruptcy, the ability to rebuild their credit rating after their bankruptcy discharge is critical to their fresh financial start. But what about the impacts of a sluggish economy and more specifically...

Allmand Law Firm
July 27, 2011 Economy

More Bankruptcy Filings To Come As Americans Increasingly Rely On Credit Cards

More Americans are relying on credit cards as their wages stagnate or shrink and food/fuel prices continue to rise. After-tax income adjusted for inflation fell 0.1 percent from January through May, according to figures...

Allmand Law Firm
July 12, 2011 Economy

Bankruptcy Filings Drop, Economy Still Sluggish

The number of Americans filing bankruptcy dropped this year according to a report issued by Epiq Systems which tracks bankruptcy filings. The number of bankruptcy filings in June was 120,623, or an average of...

Allmand Law Firm
November 23, 2010 Economy

Economy Not This Bad Since The Great Depression

It's a bit infuriating when you have a 73-year-old Texas-based furniture chain, Lack's Stores Inc. closing all of its stores and filing bankruptcy while some of our so-called economists have the nerve to claim...

Allmand Law Firm
July 5, 2010 Bankruptcy, Economy

Debtors Still Owe HOA Fees After Bankruptcy?

Filing bankruptcy while owning a condominium, townhome or single family home that has homeowners association fees attached to it might not completely get rid of the HOA liability. Facts about how HOA fees may...