I just read an economic survey indicating that there probably never was an economic recovery and this is not an ordinary recession. The article indicated that despite the amount of time, taxpayer dollars, and governmental effort pumped into our economy, the results are just not there.

The mortgage modification program is a complete disaster, despite promises of relief for homeowners, the Federal Reserve reports that only a very few are getting relief. People are still losing their homes. The number of families filing bankruptcy increases every year.

Although the economy may be growing, its growth is not sustained and this indicates there is no strength in our economy. Jobs continue to be scarce, bank loans are difficult to obtain, and the people remain generally upset and frustrated with the government.

So, where do you fit into all of this? Clearly, you must do what’s needed for yourself and for your family. Hang onto your job if you have one and ask yourself honestly if you should be giving another dime to the credit card companies. If you’ve got more debt than you can realistically pay off in the next 12 months, you might want to sit down and take a look at your future. You probably should contact a bankruptcy attorney to discuss your options. As a bankruptcy attorney in Cincinnati, I’m seeing more and more people file bankruptcy proactively, as they realize that without some additional help, their financial future will remain as uncertain as our economy. Wanted to share my thoughts on the bankruptcy forum.