Studio 11 LA producer Heidi Cuda interviews top bankruptcy attorney Erik Clark of Borowitz & Clark, who gives us his prognosis for 2012 as well as information on what options homeowners have if they are in crisis.
During these uncertain times, many hard-working Americans find themselves overwhelmed by financial problems. It can happen to the best of people, no matter what tax bracket they qualify for. If you or anyone you know find yourself in these circumstances, it is crucial that all options of relief are considered. However, most people find that filing for chapter 7 bankruptcy is the best alternative for financial relief.