Bankruptcy filings skyrocket in O.C.

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Anonymous_IHB

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Bankruptcy filings skyrocket in O.C.

http://abclocal.go.com/kabc/story?section=news/local&id=6185474



Bankruptcy filings in Southern California are skyrocketing. The latest year-to-year numbers for April show bankruptcies in L.A. County are up 92 percent. In Riverside County, they're even worse at 125 percent. In Orange County, statistics show bankruptcies are up a staggering 153 percent.
 
Here in Miami Dade, the b'ruptcy attys down the hall, who were in the doldrums

after the big rush before the law changed a couple of years ago, are now

so busy they have to make appointments months ahead.
 
Just think, municipal goverments in So Cal could become your clients too. Vallejo may have been the first, but other goverments aren't in a whole lot better shape with declining revenue and high compensation contracts to public employees. The SF Chronical speculated that in Northern CA, Oakland might be next on the list....
 
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