All over the country, people over 50 are having trouble finding work; and in many cases, they struggle more than their younger counterparts.
According to a recent survey, 43% of workers over 50 believe employers are concerned about their age. They face constant layoffs, high competition, and a fear they’ll be seen as less valuable than someone younger.
Unfortunately, I see this happening in Memphis a lot. And while older job seekers struggle to find work, they’re also the last group that should be suffering with financial problems and debt.
These are the people supporting adult kids and grandchildren. Their savings accounts and retirement funds need to be protected, not dipped into because of age discrimination or a lack of appreciation for experience.
It also means seniors are especially at risk of overwhelming debt. This simply should not happen during a vulnerable time in a person’s life. As a well respected bankruptcy law firm Memphis, TN counts on, we can help guide you through your financial difficulties.
If you’re dealing with some of these financial problems and find yourself with no way out, we can help. Our Memphis bankruptcy lawyers work with seniors all the time to restore their credit and help them get out of debt.
Just give me a call today at 901-327-2100 to talk for free about your situation, no strings attached.