Home | Next »
Posted On: January 1, 2010

Recent Bankruptcy Filings

Sacramento Bankruptcy Attorney reports on recent bankruptcy filings...

News sources recently reported that bankruptcy filings in Sacramento and the Central Valley were at an all time high in 2009. The US Bankruptcy Court in Sacramento released figures that indicate that bankruptcies in the area were up nearly fifty percent from 2008. 45,924 bankruptcy cases were filed in the Eastern district’s federal courthouses in Fresno and Modesto; in Sacramento alone approximately 29,000 cases were filed. One court clerk in Sacramento opined that they are busier than they have ever been in the past.

Among the main reasons for needing bankruptcy protection include home foreclosure, loss of jobs and/or pay cuts. News sources report that unemployment in the Sacramento region currently stand at about 12 percent.

A bankruptcy trustee at the US Bankruptcy Court in Sacramento states that he saw about 70 cases per weekly session in 2009; a significant increase from 2008 when the court was hearing about 30 cases from week. The Clerk at the court predicts that bankruptcy filings are likely to increase in 2010 due to the sagging commercial real estate market.

If you have questions regarding Bankruptcy in Sacramento please contact us at (916) 492-6020 in Sacramento or (916) 724-1690 in Roseville for a free consultation or visit www.bkanswers.com and we can connect you with one of our experienced Sacramento Bankruptcy Attorneys. After you have spoken with one of our Sacramento bankruptcy attorneys, we can schedule you for a free face to face appointment in an office location nearest you. Our team of Sacramento Bankruptcy Lawyers can assist you with all aspects of your bankruptcy or legal debt settlement case. If you have questions about filing a Chapter 7 bankruptcy, a Chapter 11 bankruptcy, a Chapter 13 bankruptcy, or would like to learn more about bankruptcy litigation, legal debt settlement, mortgage modification, lien stripping, cram down, stopping a foreclosure, wage garnishment, asset protection, discharging a debt, etc. we can help! We have bankruptcy attorneys located throughout California and Oregon who can assist you with all of your debt resolution questions. Please feel free to complete our free online bankruptcy evaluation and we can quickly determine if you are a qualified candidate for bankruptcy. We look forward to hearing from you, Sacramento!

| Email This Post | Comments (0)

Posted In: Business & Bankruptcy , California Bankruptcy

Bookmark and Share

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

Home | Next »

Recent Entries

 
 
100% Money-Back Guarantee from Sagaria Law

If the courts do not accept your bankruptcy filing because of an error on our part, we will refund 100% of your money, including the filing fee!

At Sagaria Law, PC we want to guide you on the path to financial freedom and realize this is not an easy task for most. We respect your devotion to better your circumstances even with financial hardship and thus are willing to guarantee that if you retain us, we will do everything we can, legally and ethically, to help you become debt-free.

The Fine Print

The Sagaria law guarantee covers everything that a bankruptcy law firm produces in order to successfully complete a bankruptcy filing. We guarantee that it will be done in a manner that is accepted for filing with the bankruptcy clerk's office.

There may be reasons beyond our control that may cause a case to be dismissed. Therefore, the 100% Money-Back Guarantee does not guarantee;

  1. That you will receive a discharge.
  2. That you will receive a discharge of all debts or of any particular debt.
  3. That your case won't be dismissed for reasons not related to the paperwork being accepted for filing.
  4. That you, our client, will successfully complete all of your obligations including accurate disclosure of debts, completing your forms on time and attending your 341 meeting as scheduled.
  5. That you will not lose assets in chapter 7, or that creditors won't successfully argue for the repossession of collateral in chapter 13.
  6. That you will not encounter challenges of any kind to your bankruptcy case.

Take advantage of this offer. Get started now by completing your FREE online bankruptcy evaluation, accessible from our home page.

Click Here To Close This Window