The city of Waterloo has published a report this week comparing changes in major economic indicators between now and this time last year. Its findings show economic improvement in many of the measured categories.

For example, compared to this time last year, Waterloo’s unemployment rate decreased while the number of vehicle registrations increased.

Notably, bankruptcies declined drastically between years, from 87 in the first quarter of 2011 to 45 in the first quarter of 2012.

While bankruptcies may be on the decline, it is still important to know that it remains an option for those who need help escaping from crushing debts. If you feel overburdened by debt, contact the Cedar Rapids bankruptcy lawyers of Hong Law, PLC, at 319-632-1400.