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Tag Archives: Florida Consumer Bankruptcy Lawyers


Tangible Benefits of Filing for Chapter 13 Bankruptcy

By Nowack & Olson, PLLC |

A little discussed research paper by the National Bureau of Economic Research (NBER) has highlighted the many benefits of filing for Chapter 13 bankruptcy. Looking at roughly half a million filings, the two researchers found that those who complete a Chapter 13 tend to make more money and live longer than those who don’t…. Read More »

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Consumer Credit Grew in August

By Nowack & Olson, PLLC |

According to a recent Federal Reserve report, consumer credit grew in August 2018 at the fastest pace in several months. Consumers added $20.1 billion in credit in August, bringing their total to $3.94 trillion. This represented a 6.2% growth rate. Non-Revolving Credit Grows the Most According to the report, nonrevolving credit grew by 6.4%…. Read More »

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Americans’ Debt Load Soars, but Experts Don’t See a Problem

By Nowack & Olson, PLLC |

As reported by the Federal Reserve earlier this month, the debt loads for Americans have once more surpassed their peak before the Great Recession. However, few experts are worried since consumers should have a much easier time managing this debt. Over $13 Trillion in Household Debt The new high of $13.3 trillion, reached in… Read More »

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