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60+ day delinquencies are on the rise

Posted by Jonathan Proctor | May 20, 2022

With inflation rapidly climbing, it's not surprising that many people are unable to stay current with their bills.  This is especially true of "subprime" borrowers, who tend to finance at higher interest rates than folks with better credit scores.  Since the beginning of 2022, default rates on car loans, credit cards, and personal loans are on the rise.  

If you find yourself 2-3 months behind on any of these debts, give me a call today.

About the Author

Jonathan Proctor

I have been representing debtors in bankruptcy for over 10 years in the greater Atlanta area and have successfully handled thousands of cases.  I was previously the managing partner at a large bankruptcy firm and recently started my own firm with the goal of providing the highest level of client ...

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