SOURCE: Golden State Law Group
SAN DIEGO, CA --(Marketwire - September 26, 2012) - The San Diego bankruptcy attorneys at the law firm known as the Golden State Law Group, whose Web site URL can be found at http://www.goldenstatelawgroup.com, hereby alert the public to a release of statistics by Creditcards.com breaking down the per capita bankruptcy filings by state. California has the 10 th highest per capita bankruptcy case filing in the United States thus far in the year 2012. The San Diego bankruptcy attorneys at the firm hereby offer a free initial consultation to anyone who is experiencing serious financial difficulties:
The San Diego bankruptcy lawyers at the Golden State Law Group make it their mission to both help consumers and businesses through difficult financial times and to provide the public with updates regarding the state of consumer and business finance in California. As such, the firm hereby alerts the public of a recent report released by Creditcards.com that shows that California has the 10th highest per capita rate of bankruptcy filings in 2012. The attorneys at the firm, in response to this ranking, are offering free initial consultations to consumers and businesses who need help handling their debts.
Specifically, this report appeared on Creditcards.com after the second quarter of 2012 was completed. It ranked the per capita bankruptcy filings by state in order to account for the differences in population between them. California had the 10th highest per capita rate for bankruptcy filings, with a rate of 5.35 filings per 1,000 people. Overall, California consumers and businesses filed 98,944 bankruptcy cases during the first two quarters of 2012.
This per capita bankruptcy filing rate represented a drop by a factor of 0.99 percent when compared to the same timeframe during the calendar year of 2011. Finally, the report revealed that of the 98,944 bankruptcy cases filed in California during the first half of 2012, approximately 76 percent of them were filed under Chapter 7 of the United States Bankruptcy Code and approximately 24 percent of these cases were filed under Chapter 13.
The San Diego bankruptcy attorneys at the Golden State Law Group, in response to the release of these statistics, hereby offer members of the public who are either consumers or business owners to contact the firm to schedule a free initial consultation to discuss their financial problems. This consultation will consist of a thorough review of that person's or that business' overall financial picture so that recommendations for relief can be made.
About the Golden State Law Group
The Golden State Law Group is a law firm in San Diego, California that's comprised of a team of San Diego bankruptcy attorneys who provide legal help to consumers and businesses. Specifically, the attorneys at the firm provide help to consumers in the legal areas of consumer bankruptcy, business bankruptcy, tax debt issues and personal injury cases.