
The recession wreaked havoc on the global economy. Many people who thought that their finances were secure suddenly found themselves in major trouble. Slowly and steadily the economy started to recover. Still Unemployment rates around the world are quite high. Just when we thought that things were on the mend Europe plunged into its debt crisis. We are again on the precipice of a global economic upheaval.
The ups and downs of the economy have caused a lot of people to mishandle their finances sometimes through no fault of their own. Many people lost their jobs and were unable to pay back their debts. Many people found that they were unable to repay their mortgage and other loans taken from Banks. Because so many...