Recent Bankruptcy Statistics

Filing Bankruptcy is More Common That You Think

Filing bankruptcy is more common than most people realize.  There used to be a negative connotation connected with filing bankruptcy however this is no longer the case.  Due to the current economic climate, it is becoming more and more commonplace for both individuals and businesses to file.  It does not mean that you have failed.  It simply means that you are in a position where you need assistance getting back on your feet and desire a fresh start financially.  A qualified San Diego bankruptcy lawyer will be able to competently advise you on the best course of action for your circumstances.

According to the Administrative Office of the U.S. Courts, in 2009 there were a total of 1,473,675 bankruptcy filings in the United States.  In 2010 there were 1,593,081 filings.  This is an increase of 8% from 2009.  If you exclude the number of business filings, over a million individuals filed for bankruptcy last year.  In our state there were 260,210 filings submitted.  If you are seriously considering bankruptcy as a solution to your financial troubles, you are not alone.

Why hire a San Diego bankruptcy attorney?

Bankruptcy may not be right for you.  At San Diego Bankruptcy Pros, we will take the time to go over your entire financial situation with you and inform you of alternatives to bankruptcy that may work for you.  You may be qualified to have your debts negotiated, consolidated or settled. 

In the event that bankruptcy would benefit you, we would like to offer our assistance.  While it is not mandatory to have an attorney file bankruptcy for you, it is certainly advisable.  We know the procedures and have proven ourselves successful for our clients time and time again.  We treat our clients with the respect that they deserve during this troubling time.

Contact a San Diego bankruptcy attorney if you have any questions concerning whether bankruptcy is right for you.