Mohave County and it’s major areas of Kingman, Bullhead City, and Lake Havasu City are especially vulnerable to the poor economic times facing our country. Recently the Kingman Daily Miner reported that the Kingman and Lake Havasu areas had an unemployment rate of 10.2%, this is higher than the Arizona average of 9.4%. The biggest problem with this statistic is that it does not take in to account all the people that have either stopped looking for work or are underemployed.
There is currently an epidemic of unemployment and underemployment in Kingman, Arizona, as well as the rest of Mohave County. The danger for these people who are just treading water comes from unexpected expenses. Maybe it’s a medical bill, or the car breaks down and your only option is to go into debt. Then for one reason or another you can’t make a payment and suddenly the credit card company starts garnishing your wages. This starts a vicious cycle of debt that can crush a family. This is a situation that has become all to common in Kingman, and really all of Mohave County.
This is when the best solution is a fresh start through bankruptcy. Something many people in Kingman, Bullhead City, and Lake Havasu City don’t always consider. Bankruptcy allows a person to get out from under the thumb of predatory credit card companies. It stops the wage garnishing and lets people get back on their feet.
Contact us to learn more about bankruptcy and to find out if you qualify. Certain restrictions apply. Call Wright Law Offices at 480-845-0145 to schedule a free consultation with a bankruptcy attorney at our new law office in Mohave County.