You may have been waiting and hoping and wishing and praying that things will soon get back to normal. Maybe you’ve lost your job. Maybe you’re close to losing your home. Maybe you’re even thinking you may lose it all. But you don’t file for bankruptcy. You wait, hope, and believe that economic times can’t be tough forever; and that you can make it through without the help of a bankruptcy lawyer. Well, maybe you’re right. Maybe times can’t be tough forever. But many are saying things won’t return to pre-recessionary times for a long while, or possibly ever. And for many unemployed workers, their jobs may never come back. According to a recent article in the Los Angeles Times, “The U.S. economy will eventually rebound from the Great Recession. Millions of American workers will not. What some economists now project — and policymakers are loath to admit — is that the U.S. unemployment rate, which stood at 9.6% in August, could remain elevated for years to come. The nation's job deficit is so deep that even a powerful recovery would leave large numbers of Americans out of work for years, experts say. And with growth now weakening, analysts are doubtful that companies will boost payrolls significantly any time soon. Unemployment, long considered a temporary, transitional condition in the United States, appears to be settling in for a lengthy run.” With the unemployment rate predicted to remain elevated for years, many worry about the thousands, turning to millions, who have already run through unemployment benefits. “This is the new reality," Mark Zandi, chief economist at Moody's Analytics told the LA Times. "In the past decade we've gone from the best labor market in our economic history to arguably one of the worst. It's going to take years, if not decades, to completely recover from the fallout." The culprit for the extended unemployment conundrum can be boiled down to sheer patience. Many employers, from carmakers to contractors—hard hit during the recession—are reluctant to resume hiring workers, even as they recover from their losses. And despite the fact that it looks like these industries will begin hiring again, maybe even sooner than later, many doubt all jobs available before the downturn will ever return, as companies learn to be lean and mean during tough economic times. Smaller businesses, suffering from reduced credit options, will also avoid hiring workers anytime soon. State and local governments are also hurting, in some cases the worst, gutting a workforce of teachers, police officers and social workers in order to balance their beleaguered budgets. And, as the Times reports, there’s little help coming from Washington. “Meanwhile, U.S. legislators have shown little appetite for a new round of stimulus spending. It all points to a long slog for the nation's unemployed. In May, a record 46% of all jobless Americans had been out of work for more than six months. That's the highest level since the government started keeping track in 1948, and it's about double the percentage of long-term unemployed seen during the brutal recession of the early 1980s.” So what will you do if your job never comes back? Or, even if it does, if it takes years to get back on your feet? What will happen to your home, your car, your bills? Become one of the millions of individuals and take things into your own hands to address your financial woes and take back your fiscal freedoms. Consider making a fresh start through bankruptcy. Knowing a qualified bankruptcy attorney can help any recession-weary debtor to conquer their creditors and face their fears, yielding the right kinds of support, information and insights—at a low cost— to get anyone on their way to a more viable and secure future. The bankruptcy experts at the Law Offices of John T. Orcutt offer a totally FREE debt consultation and now, more than ever, it’s time to take them up on their offer. Just call toll free to 1-888-234-4181, or during the off hours, you can make your own appointment right online at www.billsbills.com. Simply click on the yellow “FREE Consultation Now” button. Garner bankruptcy attorneys. Raleigh bankruptcy attorneys. Durham bankruptcy attorneys.