Some reports have shown sectors of the economy improving. For example, and this varies by location, but it is generally accepted that the housing market is improving. But even that is not enough to jump start the economy, and it is of no help to some people who have seen huge losses in the amount of equity in their properties, as stated in a recent article. Every situation is different, presenting different problems and opportunities.
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It is always important to try to stay one step ahead of events. In terms of present day issues, the jobs reports are not looking good, according to a recent Boston Globe article. What this means is that, as stated in prior blogs, if there is any possibility of a problem of cash flow or insolvency, the best thing is to recognize it and plan early. A consultation does not mean that you are filing bankruptcy. It means that you are looking out for options and planning. Waiting too long to plan can effectively eliminate the opportunity to plan.
Knowledge is power. Contact Us if you have any questions.
The Federal Reserve has announced that the economy has slowed during the first half of 2012, but it is taking no action to stimulate the economy anyway, according to a recent report. This could be interpreted in so many ways, but still not good news overall.
Knowledge is power. Contact us if you have any questions.