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Alabama’s Bankruptcy Spike Explained | Dothan News
Alabama’s bankruptcy filings are skyrocketing—142% higher than the national average between 2020 and 2025—thanks to low median incomes, relentless inflation, and rising costs for essentials like insurance. When wages can’t keep up with prices, credit cards often become a trap, locking people into high-interest debt. But there’s hope: lenders offer relief options like loan modifications, and financial counseling can turn things around. Long-term, boosting financial literacy is the best defense against future crises. Listen in comfort:Get a discount on a Soli Pillow…
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