Over the past few years, the U.S. economy has struggled through one of the most challenging times since the Great Depression. According to the National Bureau of Economic Research, the "Great Recession" as many economists are calling it, began in December of 2007 and ended in June of 2009, a year and a half after it began.

During this time, more and more consumers began to carefully examine where and how they spent their money. A recent Time Magazine article notes that 78 percent of Americans changed their shopping habits during the recession. Nearly a year and a half later, the shopping patterns that many people developed during the recession are expected to linger for some time to come.

While consumers backing off high-end luxury goods was expected, many shoppers are saving money on essential items, including groceries, by doing more research before they hit the stores and changing where they shop altogether. Retail Forward, a leading consumer research firm, found that one in five shoppers changed grocery stores over the past few years to save money.

Many retailers are also adapting to the changing behaviors of the post-recession shopper. The Wall Street Journal notes that many stores are reacting to the changing needs of consumers by taking a "back to basics" approach, which includes offering more store private label and store brand goods.

Working With an Attorney

While the recession may technically be over, high unemployment rates and an uncertain economic future mean that a change in shopping patterns will not be enough for many consumers. Bankruptcy, while not the first choice for many people, maybe the best option to get out from under debt.

For those who find that bankruptcy is right for them, they will not be alone. According to the American Bankruptcy Institute, over 1.5 million consumers filed for personal bankruptcy in 2009, the largest number of filings in the past five years.

If you find yourself falling behind on bills or mortgage payments, it is important to contact an experienced bankruptcy attorney in your area.