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Privacy Policy

Michael — Tue, 10 May 2011 17:34:50 +0100

All of the information we obtain about you is stored securely on our servers and we use it only to evaluate your situation and provide the services described in our website to you, to allow our law firms to evaluate your case and provide legal services to you and to provide ongoing communications to you in furtRead More...

A- DEBT RELIEF AGENCY NOTICE

Michael — Tue, 10 May 2011 17:15:41 +0100

Debt Relief Agency Notice

Wilshire Law , Los Angeles is a federally defined Debt Relief Agency, which means this Law Firm Can Represent You in filing a Bankruptcy Case for You in US Bankruptcy Court, in which you can seek to Discharge (Make Permanently Unenforceable Against You) Credit Card, Medical and Certain Additional Types of Unsecured Debts; and Wilshire Law Makes the Following Debt Relief Agency Disclosures to an Assisted Person Debt Relief Agency Disclosures tRead More...

Filing for Bankruptcy without an Attorney

California Bankruptcy Attorney — Tue, 18 May 2010 20:58:45 +0100

While some consumers may consider filing for bankruptcy without an attorney, respected Los Angeles, California bankruptcy attorney Shemtoub of the Wilshire Law Group advises strongly against it. Shemtoub has seen too many instances where individuals who try to “do it alone” end up putting themselves in a worse financial situation than they were in before bankruptcy. In other words, they accomplish the exact opposite of their bankruptcy's goal.

The Dangers of FilinRead More...

Michael Shemtoub's Wilshire Law Group Navigates Clients Towards a Brighter Financial Future

California Bankruptcy Attorney — Tue, 18 May 2010 20:53:58 +0100

Respected Southern California bankruptcy attorney, Michael Shemtoub, understands better than anyone how hard the recent recession has been on average Californians. Like other bankruptcy lawyers in the Los Angeles area, Shemtoub has been helping many clients through the challenging process of bankruptcy, guiding them to a much brighter financial future.
Clients Who Normally Wouldn't Visit a Los Angeles Bankruptcy Attorney
Often times, filing for bankruptcy is associated with poor fRead More...

Wilshire Law Group Now Offers Automated Bankruptcy Catcher

California Bankruptcy Attorney — Tue, 18 May 2010 20:49:36 +0100

Bankruptcies in Southern California have risen in the past two years at an alarming rate, all thanks to the economic recession that has hit California disproportionately hard. In Riverside, California, for example, bankruptcy filings rose 55% between March 2009 and March 2010, and many California bankruptcy lawyers don't think these rates will slow down any time soon. Meanwhile, Wilshire Law Group is offering a new service, automated bankruptcy catcher, to help its clients find out if bankrupRead More...

Riverside Bankruptcy Lawyer

California Bankruptcy Attorney — Thu, 13 May 2010 02:25:55 +0100

While politicians vie for credit as the economy begins to rebound, the Riverside-San Bernardino area continues to struggle economically. According to the United States Bureau of Labor Statistics, the area is expected to lose yet more jobs in the coming months. In December 2009, it seemed like jobs in Riverside-San Bernardino were starting to rebound, but by March 2010, the area was watching unemployment spike, with 268,000 unemployed.

Even though Riverside has been a fairly prosperRead More...

Los Angeles Bankruptcy Lawyer

California Bankruptcy Attorney — Wed, 05 May 2010 01:22:34 +0100

A recent “Los Angeles Times” article reported that more than 50,000 small businesses in California had to seek out the help of a California bankruptcy attorney and file for bankruptcy. Los Angeles itself was especially hard-hit; Equifax told the “Times” that bankruptcy filings for businesses jumped 57% in 2009. 2010 isn't expected to be much better; every Los Angeles bankruptcy lawyer is bracing for a projected 25% rise in bankruptcies (Source: Los Angeles Times, AprilRead More...

Fresno Bankruptcy Lawyer

California Bankruptcy Attorney — Wed, 05 May 2010 01:18:13 +0100

Fresno County bankruptcy court processed more than 4,000 bankruptcies from September 2008 to September 2009, and no one expects the bankruptcy filings to slow any time soon. Ask any bankruptcy lawyer in California about bankruptcies during the current reception, and the story is the same: in nearby Tulare, Madera, and Kings Counties, for example, there were a total of nearly 3,000 bankruptcy filings during the same time period.

Fresno Bankruptcy Lawyer Warns against Debt Consolidation

Orange County Bankruptcy Lawyer

California Bankruptcy Attorney — Fri, 09 Apr 2010 21:34:17 +0100

Although CB Richard Ellis, a Los Angeles-based real estate services company, states that they are “very much committed to Orange County”, they have let go over 70 people already in Orange County since 2010 began. The layoffs are the first in a wave that will last through 2011 (Source: The Orange County Register, April 1, 2010). It's a scene that by now should be familiar to Orange County residents: getting laid off these days seems more normal than keeping a job. Even in Orange CoRead More...

Bakersfield Bankruptcy Lawyer

California Bankruptcy Attorney — Fri, 09 Apr 2010 21:29:28 +0100

Who's looking for a Bakersfield bankruptcy lawyer? More people than you might think. Consider the plight of these recently bankrupt Bakersfield companies:

- Foothills Resources, Inc. -- a Bakersfield oil and gas exploration company had a reorganization bankruptcy approved in January 2010
- General Growth Properties, owners of Bakersfield's Valley Plaza Mall, are struggling to emerge from bankruptcy, but its future remains uncertain
- Reedley Hospital – a taxpayer-suRead More...

San Jose Bankruptcy Lawyer

California Bankruptcy Attorney — Mon, 05 Apr 2010 18:12:09 +0100

What do the San Jose Unified School District, the City of San Jose, San Jose State University, the San Jose Mercury News, and Rockwell Collins, Inc. all have in common? They are all San Jose organizations that either already have or will soon layoff employees. In nearby Sunnyvale, NetApp, which was recently named the No. 1 place to work amongst Fortune 100 companies, also announced layoffs. At NetApp, it's a great place to work – if you can keep your job.

A trusted San Jose bankrupRead More...

San Diego Bankruptcy Lawyer

California Bankruptcy Attorney — Mon, 05 Apr 2010 18:02:29 +0100

In late 2009, the free fall in home value in the San Diego area finally started to slow down and reverse. Homes regained 1% of their value. However, considering that this 1% increase still leaves the average home with a net loss of 39% of its value, the 1% increase isn't much to celebrate for most San Diego homeowners. In the San Diego area, jobs are still hemorrhaging in 2010, even if the rate of job loss is finally starting to show signs of slowing and even recovering. For many San Diego reRead More...

Los Angeles Bankruptcy Attorney

California Bankruptcy Attorney — Fri, 02 Apr 2010 20:57:43 +0100

While few Americans have been spared from the recent economic downturn, the residents of Los Angeles and the surrounding area in particular have suffered more than most. According to an NBC survey in 2009 of 354 metropolitan areas, Los Angeles was number one in job loss. Just from November 2008 to November 2009, the Los Angeles area shed nearly 200,000 jobs. With such horrific, long-term unemployment, it's not surprising that the services of a Los Angeles bankruptcy attorney are in higher demRead More...

Success rate for filing for bankruptcy

California Bankruptcy Attorney — Tue, 23 Mar 2010 20:50:39 +0100

Many people fear bankruptcy because they fear the aftermath of bankruptcy. There is good reason to be concerned about the aftermath of bankruptcy; after all, there is no avoiding the fact that bankruptcy will damage your credit, and in some cases, bankruptcy may temporarily raise your monthly bills rather than reducing or removing them. These unexpected consequences of bankruptcy can leave some debtors in more dire financial straits than they were in before bankruptcy.

Having a CalRead More...

What debts are not erased by bankruptcy?

California Bankruptcy Attorney — Wed, 17 Mar 2010 23:11:52 +0100

Many people filing for bankruptcy are surprised to find out that not all of their debts are discharged – that is, erased. Certain debts are not eligible for discharge, including:

Back taxes
Child support and/or alimony
Any debts that resulted from a government fine or legal decision – for example, DUI fines, personal injury suits, damage to the property of others, unpaid parking tickets, and so on
Student loans
Some types of condominium or cooperative housing fees

Read More...

Bankruptcy and Bank Accounts

California Bankruptcy Attorney — Wed, 17 Mar 2010 15:24:02 +0100

People considering bankruptcy grapple with many scary bankruptcy scenarios, leading them to focus on many unnecessary worries. One common worry is that filing for bankruptcy will lead to their account being frozen by their bank, or even that funds will be seized by their creditors straight out of their bank account. As any bankruptcy attorney in California can explain to you, this fear is mostly unwarranted.

Vulnerable Bank Accounts

It is true that certain bank accounts Read More...

Santa Rosa Bankruptcy Attorney

California Bankruptcy Attorney — Tue, 16 Mar 2010 18:08:24 +0100

Ask any bankruptcy attorney in California and they'll tell you the same thing: California has been hit hard – very hard – by the economic downturn that started at the end of 2007. Thanks to the long-inflated home prices, especially those around Los Angeles, when the housing bubble burst, much of it splattered all over California. With foreclosure rates in California some of the highest in the nation, each bankruptcy lawyer in California has seen clients they never expected to see Read More...

Fresno Bankruptcy Attorney

California Bankruptcy Attorney — Mon, 15 Mar 2010 22:54:31 +0100

On March 14, 2010, the Fresno Bee reported the depressing news that job recovery in Fresno is expected to be slower than in most of the country. Fresno, unlike its coastal neighbors in Los Angeles or in the Bay Area, lacks big corporate headquarters. In Fresno County, the Bee stated, January 2010 unemployment rates stood at a jaw-dropping 18.2% -- one of the highest in the nation. With nearly one out of five people looking for work, but without the recovering corporate giants that are startinRead More...

San Jose Bankruptcy Attorney

California Bankruptcy Attorney — Mon, 15 Mar 2010 22:47:36 +0100

Not long ago, the fortunes of San Jose seemed they would never decline. As the self-proclaimed “capital of Silicon Valley”, the San Jose area is home to companies like Adobe, Cisco, SunPower, and eBay, as well as the host of large facilities for other companies, including Flextronics, Hewlett-Packard, IBM, Lockheed Martin, and Hitachi. Meanwhile, the San Jose area universities, such as UC-Berkeley, UC-Santa Cruz, San Jose State University, San Francisco State University, CaliforniRead More...

California Bankruptcy Attorney Analyzes Closure of NUMMI Toyota Factory in Freemont California

California Bankruptcy Attorney — Fri, 12 Mar 2010 23:43:01 +0100

As a bankruptcy lawyer in California, there is perhaps no more volatile combination than what could potentially occur in Freemont, CA when the NUMMI plant closes on March 31st. History is always the best reference point when examining the profound effect that closing a plant, which is the centerpiece of the community, will have. We need look back no further than the GM plant closings in Flint, Michigan or Moraine, Ohio for what the future in Freemont might look like. When GMRead More...