Paul J. McCord, Attorney at Law
The MacQuarium Building
1800 Peachtree Street, Suite 620
Atlanta, Georgia 30309
(404) 840-5882
Practice Areas:
- Bankruptcy / Debt
- Catastrophic Injuries and Wrongful Deaths
- Estate Planning & Powers of Attorney, Wills & Probate
Licensed:
- State of Georgia
- State of Florida
Education:
- Juris Doctor, University of Georgia School of Law - 1991
Member:
- Stonewall Bar Association
According to the "2009 Annual Consumer Bankruptcy Demographics Report" prepared by the Institute For Financial Literacy®, the average American in financial distress and seeking credit counseling and financial education is a 35 to 54-year-old married Caucasian with a high school degree or some college who is employed and earning less than $30,000 per year. What differentiates the 2009 data from previous years' data is the increase in reported percentages of the following demographic groups:
- Americans 55 and older;
- Americans of Caucasian and Asian descent;
- Americans with bachelor’s or graduate degrees;
- Americans earning $60,000 or more per year;
- Americans whose status is now unemployed; and
- Americans who are married.
Taken collectively, these individually measured demographic factors indicate that the 2008-2009 Great Recession is noticeably shifting more “middle class” Americans into bankruptcy. The complete "2009 Annual Consumer Bankruptcy Demographics Report" is available in the "Forms" section of this website.