Arizona Bankruptcies Decline in January

Could the Phoenix financial market be turning around? Reports are indicating that for the first time in almost a full year, bankruptcies were at their lowest level! There were a total of 1,886 bankruptcies filed which is a 19% decline from December 2009’s amount. Unfortunately, there are still many Valley families in financial trouble that are on the verge of filing for bankruptcy. Will February bring a further decline in filings or an increase?

What many people do not realize is that there is a simple alternative to bankruptcy: debt settlement! If you are having difficulty paying your credit card bills (or any kind of unsecured debt), there are debt settlement companies that can negotiate a settlement amount with your creditors for less than you really owe. If some of the individuals that claimed bankruptcy in 2009 would have utilized the services offered by Arizona Credit Debt, there is a chance they would not have had to file for bankruptcy.

If you are debating filing bankruptcy, or just feel that you are up to your breaking point in debt, give Arizona Credit Debt a call for a free estimate on what we can negotiate your debt down to! Don’t hesitate any longer, call 1-888-386-3606 today! Visit this website for more information: The Debt Settlement Program