SOURCE: Golden State Law Group

October 10, 2012 06:00 ET

The San Diego Bankruptcy Lawyers at the Golden State Law Group Offer a Free Initial Consultation to Consumers and Businesses in Wake of Release of ABI Bankruptcy Statistics

SAN DIEGO, CA--(Marketwire - October 10, 2012) -  The San Diego bankruptcy attorneys at the Golden State Law Group have been serving businesses and consumers who were experiencing serious financial difficulties for years, and their law firm Web site URL can be found at http://www.goldenstatelawgroup.com. The attorneys at the firm hereby announce that they are offering a free initial consultation to any consumer or business entity that continues to struggle with finances after the release of the bankruptcy filing statistics by the American Bankruptcy Institute

The San Diego bankruptcy lawyers at the Golden State Law Group not only represent clients who need help reorganizing their finances, but they also work to keep the public abreast of news and developments regarding the economy and personal and business finance in the United States. Recently, the American Bankruptcy Institute released statistics regarding the number of bankruptcy cases filed in the United States during the first nine months of 2012. As a result of the details of these statistics, the firm is offering business owners and consumers the opportunity to schedule a free initial consultation to review their situations.

Specifically, the American Bankruptcy Institute recently released its report regarding the number of bankruptcy cases filed in the United States, and those numbers revealed a decline for both business and non-business bankruptcy filings as compared to the number of cases initiated during the same timeframe in 2011. The numbers indicated that approximately 45,000 bankruptcy cases were filed between January and September of 2012. That represented a 22 percent drop from the 57,000 business bankruptcy cases filed during those months in 2011. In addition, the overall number of bankruptcy cases dropped by a factor of 14 percent to a total of 876,000 filings. 

These declining numbers still indicate that if the current pace of bankruptcy filings holds, more than one million bankruptcy case filings will be initiated during the calendar year of 2012. As a result of this potential trend, the San Diego bankruptcy lawyers at the Golden State Law Group invite the public to schedule a free initial consultation. The purpose of this free initial consultation will be to review the potential client's overall financial situation and to plot a possible course to financial recovery.

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. 

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