Chapter 7 Bankruptcy Q2 2010 Data Release – Up Again
The last time Chapter 7 bankruptcy data was released San Diego recorded yet another record breaking number. Would the same hold true for Q2 2010 data? The simple answer is yes. Just like the Chapter 13 figures for Q2 2010, Chapter 7 bankruptcy filings in San Diego hit another all time high in the second quarter of 2010. Over 17,700 …
Read More2005-2009 San Diego Foreclosure Statistics
Despite a slight decrease in foreclosures in the month of February 2010 (2% decline claimed by RealtyTrac), March national data has seen an increase of about 8% and the first quarter of 2010 an increase of around 7% in foreclosures. The results don’t help to increase confidence in an already fragile American economy. What about data closer to home, what …
Read MoreSan Diego Chapter 13 Bankruptcies Rise Again in Q3 2009
Before Q4 2009 data is released on Chapter 13 filings in San Diego, let’s take a look back at the Q3 2009 numbers to see what we can expect in next month’s release. If you recall in previous articles on bankruptcy data in San Diego, attorney Cecilia Chen noted that she expected Chapter 7 and 13 fillings to increase. Turns …
Read MoreBankruptcy Part 2 of 3: How Much is an Attorney and What is Protected in bankrtupcy?
Welcome to another podcast brought to you by the Law Office of Cecilia Chen. The purpose of these podcasts is to provide listeners with legal information pertaining to a variety of subjects including bankruptcy, real estate, estate planning, and corporate law. This is part 2 of a 3 part series discussing questions on the topic of bankruptcy. All of our …
Read MorePodcast 1 Transcript: Difference Between Chapter 7 and 13 Bankruptcies
Every time we launch a podcast we provide a written transcript that covers the questions that were asked and the answers from Cecilia Chen. Here is the transcript from our first podcast located here: Q. What is the difference between Chapter 7 & 13 bankruptcies? A. Chapter 7 bankruptcy by and large allows debtors to discharge all of their unsecured …
Read MoreBankruptcy Podcast – Part 1 of 3 – San Diego Bankruptcy Questions Answered
Welcome to the inaugural podcast from the Law Office of Cecelia Chen. We have decided to provide our clients and future clients with new ways to gather information pertaining to a variety of legal questions. In this particular series we will focus on answering some basic questions pertaining to the topic of bankruptcies. Questions include: what is the difference between …
Read MoreSan Diego Chapter 13 Bakruptcies Steadily Rising in 2009
The news doesn’t come as a surprise. Chapter 13 bankruptcy filings in San Diego have steadily increased from the second half of 2006 and have broken quarterly records ever since. Chapter 13 (visit the link to visit the US Court web site for a Chapter 13 bankruptcy basics page) bankruptcy claims have risen rapidly since the credit crunch that hit …
Read MoreSan Diego Chapter 7 Bankruptcies up 200% in 2009
Comparing 2007 to 2009 Chapter 7 Bankruptcies in San Diego have increased three fold since 2007 and is currently set to break another record for filings this quarter (Q3 2009) since the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 was written into law. There is an obvious increase in Chapter 7 (visit the link to visit the US …
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