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  • Spectacular!

    I liked your fast, friendly service. You were all knowledgeable in the area of bankruptcy. Your treatment of me as a client was spectacular! You were great at promptly responding to my questions and concerns. I loved that you provided courteous and quick responses to all my questions.
    --Donna
  • Highly Recommended!

    I have worked with Seth and he is the utmost professional in how he works with his clients. If you need an attorney you can trust I would highly recommend the Law Office of Seth Hanson.
    --David
  • Very Professional.

    Everyone was very professional and efficient. Seth, and everyone that I had contact with were very knowledgeable. I was very pleased with how we were treated by his staff. My questions were always answered promptly. I was very pleased with the service I received and would not hesitate to refer someone to your firm.
    --Anonymous
  • Non-judgmental.

    You were very open and answered all of my questions. You never made me feel like I was asking a dumb question. I was comfortable with your knowledge of the law. It was hard for me to make this decision to move forward in my life. Everyone was friendly to me and respectful. Non-judgmental. Every question I asked was answered promptly and appropriately. I would recommend you.
    --Anonymous
  • More Than Expected!

    I found the firm's representation to be more than what I expected. I was always kept in the loop, all my questions were answered (whether or not I asked more than once the same question), and I felt completely supported by the firm staff when going through this (at times) scary ordeal. Thank you again.
    --Joanna
  • Very Impressed!

    I liked that you had very friendly, caring staff. You were all very knowledgeable. Your treatment towards me was excellent and you quickly responded to all my concerns. If a friend asked of your overall impression, I would say that we were very impressed and we would recommend you to them.
    --Danielle

Are You Prepared For Recession?

The Status of The Economy

At face value, the economy is looking pretty good. Stocks are up and unemployment is down. While this is certainly a time of feast, it’s likely that there is going to be a time of famine in the near future. The economy is in the expansion phase of the business cycle. It’s certainly possible for this phase to go on a while longer, but eventually the economy is going to reverse course. Some economists worry that we are again seeing asset bubbles in stocks, bonds, commodities, and real estate. These “bubbles” are created when rapid growth and investing frenzy hike the price of an asset beyond its real value. These bubbles eventually burst.

How to Prepare for Recession

While the economic forces at work behind recessions are pretty complicated, the steps you should take to prepare are simple.

  • Don’t buy a house. Buying when the market is inflated is never a good idea.
  • Get out of debt.
  • Save Money. I would recommend having 3-6 months’ worth of expenses saved.
  • Consider filing bankruptcy. It can be nearly impossible save money if you have an unmanageable amount of debt. We have serviced thousands of clients including clients in the Fairfield area. Please give us a call to set up a free consultation to see if you are looking for a Fairfield bankruptcy attorney.

These recommendations are just the tip of the iceberg of wise financial management. I lay out a complete guide for financial success in my upcoming book Life After Bankruptcy. Please give our Stockton bankruptcy office call if you are interested in a copy.

 

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