It's the right time to be in the bankruptcy business, and here is just one more example why — gasoline that costs $5 per gallon.
While we're not currently paying $5 per gallon for gasoline, if you haven't noticed, gasoline prices are on the rise. Industry experts, including a former Shell Oil executive, and financial experts all agree that it won't be long until we are. The only thing they don't agree on is when, with estimates ranging from 3–10 months.
So what does this have to do with bankruptcy?
Think back to July 2008, when gasoline prices surpassed $4.00 per gallon. We began seeing mass gasoline theft — driving off without paying, drilling and draining of gasoline tanks from cars parked in people's driveways, and more.
Why did this happen? People became desperate. Most of us live on a very tight budget and can't afford an increase in any area — especially something you can't do without, like the fuel that gets you to work.
Our economy is extremely fragile right now. Many people are out of work, others have taken pay cuts or reduced hours to keep their jobs and are financially stretched to their limits.
When budgets get pushed to the maximum, options become fewer. When gasoline prices reach $5 per gallon, it will "fuel" bankruptcy — we'll see a bigger wave of bankruptcy filings than we're already seeing.
This is where you and I come in. There is a huge need for highly skilled bankruptcy assistants, and the demand is only growing.
For those of you already trained, be glad that you are. For those of you who have been considering this business, the time is now. Jump in with both feet and start paddling.
If you need help figuring out where to start, visit our website at www.713training.com.
Ready to start earning income drafting bankruptcy petitions from home? See our online bankruptcy petition training courses at www.713training.com. You can also join our online community at www.navba.org.