Debtpidemic [det-pi-dem-ik] – noun a rapid spread or increase in the occurrence of toxic debt, affecting individuals, corporations, as well as local, state and national governments: Doan Law Firm has officially declared a debtpidemic.
Our collective debt load has reached such a level that we need a new word to describe it. We propose “debtpidemic”. The pivotal concept behind this newly coined word is that an epidemic changes the lives of everyone in a society whether they are infected or not. At this point in our history, national and personal debt is taking a heavy toll on our families, friends and loved ones.
Imagine if the bubonic plague swept our great land. It would command our instant attention. Each of us would take the utmost precautions. We’d be hand-washing, antidote-seeking, near-hysteria fools. We would implicitly understand the severity of the situation, the stakes are high, it’s life or death.
We’re in the same predicament now, it’s just a different plague. Our government has emptied its arsenal; stimulus, bailouts and special programs. At home we have pounded the pavement for work, tightened our belts and then tightened them some more, yet the debtpidemic rages on.
What is the antidote? The first step is to stop the debtpidemic at home. Take a good, hard, objective look at your personal financial situation. Do you wonder how to keep the hamster wheel spinning? Do you engage in creative accounting to get everyone, or almost everyone, paid? Most importantly, does your financial situation keep you up at night?
Come talk to us at Doan Law Firm. We get it and we can help. We even published a full page of quality content in the Orange County Register to explain this concept. Our team of bankruptcy attorneys have cured over 25,000 people of their own debtpidemic, one family at a time. We can provide you with the antidote.
PS While we’re at it, here’s another word to add to your vocabulary: Debtpandemic det-pan-dem-ik – noun: a rapid spread or increase in the occurrence of toxic debt across nations, affecting individuals, corporations, as well as local, state, national, and international governments. The debtpidemic is now reported to be a full blown debtpandemic.
