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Massachusetts sees growth in eviction filings

The inability to pay bills and meet daily living expenses can lead to serious problems with credit ratings and may result in an eviction from an apartment or home. In Massachusetts, those who are struggling with high levels of consumer debt may find that they are completely overwhelmed. When someone who is struggling to make rent payments because of high consumer debt, an option to consider is personal bankruptcy. An eviction due to high levels of debt can put someone in danger of falling even further behind on debt. Bankruptcy can be a viable option for those who want to transform debt into manageable payments and thus be able to pay their rent and other bills.

Eviction filings have increased across the United States according to a new report that cites data from 2010 to 2013. In Massachusetts, there was an increase in eviction filing of 11 percent. This is broadly attributed to highly urban areas like Boston, but also have increased in rural regions as well. With low levels of supply of housing available, some landlords can begin the eviction process with one missed payment. According to the report, eviction can often lead to instability that could result in losing a job and further economic upheaval.

For those who are struggling with making basic payments in a struggling economy, filing for personal bankruptcy can lead to debt relief. There are a variety of options available in Massachusetts, but financial challenges can be overcome with the help of a legal restructuring of debt. This could lead to further debt relief.

Debt is an overwhelming force to deal with. From high interest rates to unmanageable payments, consumer debt can quickly spiral out of control. It can lead to an eviction, further fees and improper financial planning. Fortunately, options exist for those who want to get out of debt as soon as possible.

Source: Boston.com, "Renters suffer as evictions surge in U.S.," Shaila Dewan, Aug. 29, 2014

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