2010 has been a pretty rough year for many people in Arizona. Based upon predictions it looks like 2011 may be equally difficult. Max Gardner, a prominent bankruptcy attorney in North Carolina, has posted economic predictions for 2011. Here they are: 1. At least 20 cities will be forced to file for Chapter 9 bankruptcy relief and the defaults on municipal bonds will hit all time highs. 2. The number of Consumer Bankruptcy filings will reach an all time record and will easily surpass the total filings in 2005 (record year). 3. The unemployment rate will not drop below 9.00% and could…
Posts Tagged ‘economic predictions’
Contact us for more information
Fill out the form and a member of our team will contact you within 24 hours.