We have exciting news! Jen Lee Law, Inc. has a new Senior Associate Attorney joining our team this week. Leo Spanos officially started with the firm on August 17, 2020. Leo joins us after spending more than 10 year at the Oakland Chapter 13 Trustee’s office, most recently as a Senior Staff Attorney. He brings a wealth of knowledge about Chapter 13 to our team. Check out his profile below and on our website.
Many people are surprised to hear that bankruptcy filings are actually way down over previous years. The news often highlights the big corporate bankruptcies and those types of filings are up with the current economy, but individual filings are down by more than 30% and are at the lowest level in many years. The main reason for that is the initial unemployment bump and stimulus funds under the CARES Act. Also, many people are still trying to figure out where their finances will end up during this very chaotic time. We’ve included some updated resources and articles about bankruptcy filings this month.
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