Rising grocery prices, rent and other living costs, combined with near-record-high credit card debt, are pushing more people into bankruptcy following several years of declines in filings.
Local bankruptcy attorneys and credit counselors say the numbers could continue to jump this year as consumers’ finances are stretched thin, despite easing inflation, falling interest rates and rising wages.
Emerson
“We are seeing a lot of folks trying to make ends meet with their service industry jobs,” …
