Released on: September 28, 2008, 1:04 am

Press Release Author: LawyerAhead Inc.

Industry: Law

Press Release Summary: Foreclosure rates in US climbs all time high while debates
are ongoing about the 700 billion bailout plan in the US Congress

Press Release Body: Toronto, Canada—September 28th, 2008—700 billion dollar bailout
plan proposed by US Treasury Secretary Henry Paulson, now dubbed as King Henry by
Newsweek, has no relief at all for the Main Street. Its a simple plan to bail out
Wall Street and possibly even reward the companies that got US as a nation into this
financial crisis. A poll released by Los Angeles Time and Bloomberg shows that 1
out every 2 Americans have unfavourable views on the bailout plan and oppose getting
these troubled financial institution out of trouble. As they clearly see it, it is
with their tax money, roughly about 2300 usd per person, which the government is
proposing to bailout firms, when their own home values get hammered and is leaving
people out of their houses.

Lawyerahead.com, a social networking website that help legal consumers find lawyers
for their legal needs, is now seeing that month over month clients are looking for
Real Estate lawyers in their local area that can bail them and sort them out of the
foreclosure mess. As Lawyerahead Team put it `People are hurting out there. And it
shows`

According to First AmericanCoreLogic who collects data on home prices and
foreclosures shows that the foreclosure rates was at 1.44% in the month of July, and
according Fidelity Investment bank the foreclosure has increased nationally by a
whopping 27% since the beginning of this year.

RealtyTrac.com track data shows, Nevada has the highest percentage of foreclosures -
approximately 1 in every 100 homes, followed closely by California.
RealtyTrac.com`s data on Top ten states shows the following:

Nevada: 1 in 91 homes
California: 1 in 130 homes
Arizona: 1 in 182 homes
Florida: 1 in 194 homes
Michigan: 1 in 332 homes
Georgia: 1 in 422 homes
Ohio: 1 in 444 homes
Colorado: 1 in 452 homes
Illinois: 1 in 483 homes
Indiana: 1 in 522 homes


Web Site: http://www.lawyerahead.com

Contact Details: Tamia Johnson
LawyerAhead Inc.
176 Highglen Avenue
Toronto, Ontario
L3S1X4
Canada
pr@lawyerahead.com
www.lawyerahead.com (US)
www.lawyerahead.ca (Canada)
647-808-4447