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Financial Lifeline: Navigating the Rising Tide of High Unaffordable Utility Bills

Wednesday June 21st

Financial Lifeline: Navigating the Rising Tide of High Unaffordable Utility Bills

As the summer heat intensifies, millions of Americans are grappling with the rising cost of their utility bills. The high prices of essential goods, particularly food and housing, have made it increasingly difficult for many to afford their energy bills. This financial strain has driven up the number of households behind on their utility payments to nearly 20 million as of June 2023.

In such challenging times, one might ask, "What's one bill you can delay?" Your utility bill, right? However, this is not a sustainable solution. With season after season of high natural gas, home heating oil, and electricity prices, coupled with colder winters and hotter summers in many parts of the country, many Americans have fallen behind on their bills and stayed behind.

The average household electricity bill this summer is forecast to be $529, up from $517 last year and $445 two years ago, according to the U.S. Energy Information Administration. These figures vary by region, but the trend is clear: energy costs are on the rise, and many households are struggling to keep up.

In these trying times, it's crucial to understand the options available to you. One such option is filing for bankruptcy. The Law Offices of Omar Zambrano specialize in Chapter 7 and Chapter 13 Bankruptcy, providing clients with the legal guidance they need to navigate these complex processes.

The Law Offices of Omar Zambrano are here to help, offering a range of services from bankruptcy and debt settlement to living trusts and real estate law. If you're struggling with debt and don't know where to turn, reach out for a free consultation today. Call us at 626-338-5505 for a free consultation.

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