2009 is going to go down as “one to forget” when it comes to times past. Everyone is looking forward to 2010 to be an opportunity for a fresh start.

Our Firm, Hoyes Michalos and Associates Inc. has never been busier but I have to admit that the work this year has been emotionally draining. So many people were in serious distress due to job losses, financial reversals of fortune, business failures and all the related stress that brings. Add to this the government’s bad timing for bankruptcy law changes and we had a “perfect storm” resulting in difficult times for many people.

Often when I meet with people they are at their wits end. Fortunately, our team has been able to help very many people get relief from crushing debt and a fresh start. But for some, even bankruptcy won’t resolve the issues of loss of employment and income reduction. For many all they can do is dig in and focus on surviving until their situation stabilizes.

There are signs of recovery though, work hours for many people who suffered cuts are returning to full time levels. Some laid off workers are being called back and employers are looking to increase staff as the economy begins to return to growth.

For others the tough times will continue, particularly for older workers laid off from long time employers who are now no longer in business. Returning to the workforce for these workers usually means a pay cut and little in the way of job security. Significant lifestyle and downsizing adjustments will be required and oftentimes substantial debts will remain to be resolved from extended periods of unemployment.

If you find yourself back to work, but with a reduced income and carrying big debts we can help you regain control of your finances, no one wants to consider bankruptcy, but for some it is a viable solution to resolve debt. Bankruptcy is not the only option, we can help you make a plan that works for you and fits your “new reality” . You don’t have to carry the burden of debt , put 2009 behind you, we can help. Call us today at 310-PLAN and let’s get started on your 2010 fresh start.