Reed Allmand, Member of The Law Firm of Allmand & Lee

The financial crisis that has unleashed a staggering number of bankruptcies and foreclosures around the nation has left many cash-strapped consumers frantically looking for ways to recession-proof their assets.

And that is where Weldon “Reed” Allmand steps in. An experienced consumer bankruptcy attorney and partner at Allmand & Lee law firm in Dallas TX, he is on a self-proclaimed mission to turn downward economy into an upward trend - at least as far as saving people’s homes and protecting their money is concerned.

A tall order indeed, considering that Dallas County is suffering from record levels of foreclosures. Nationally too the numbers are alarming: one in every 25 homes in the U.S is currently in foreclosure, with millions more expected in coming months. On the bankruptcy front, the news is grim as well: the total number of U.S. bankruptcies filed during the first six months of 2009 increased 36 percent over the same period in 2008.

Amid the economic turmoil, Allmand, 34, offers hope and tangible relief to financially ailing clients, allowing them to avoid devastating losses.

“I understand and empathize with their predicament and use the legal system to help them hold on to their assets, dignity, and sanity,” says Allmand, who has saved numerous homes from foreclosure. “My philosophy is ‘help good people through bad times.’”