May 26, 2010

Famous California Chapter 7, 11, or 13 Bankruptcies

A San Diego bankruptcy attorney names Famous California Chapter 7, 11, or 13 Bankruptcies

What do Zsa Zsa Gabor and Johnny Unitas have in common? Each filed a California Chapter 7, 11, or 13 bankruptcy. Of course, bankruptcy being a federal filing, it is somewhat of a misnomer to say “California Chapter 7”. Nonetheless, other famous California chapter 7, chapter 11, or chapter 13 cases (or at least cases where the debtor has ties to California) include Debbie Reynolds (Hollywood sweetheart), Tom Petty (who sang about the town of Reseda in his song Free Fallin’), Willie Nelson (who, amongst all the girls he’s loved before, must have loved a Californian), Margot Kidder (who was found hidden in undergrowth by Los Angeles police following a psychotic episode), Larry King (see Willie Nelson), Cyndi Lauper (before she hit it big), Charles Keating (who probably bankrupted other people as well as himself), HJ Heinz (we Californians eat lots of ketchup), Marvin Gaye (slain by his own father in Los Angeles), and Kim Basinger (from LA Confidential). While not specifically a California Chapter 7 – indeed it was a Michigan Chapter 7 – the DeLorean Mortor Company filed for bankruptcy, but no, not in ’88. Walt Disney filed for bankruptcy, though, again, not a California chapter 7, 11, or 13 specifically, but Disneyland is one of California’s greatest attractions. President William McKinley went bankrupt; so did Ulysses S. Grant, Thomas Jefferson, and Honest Abe, though none, of course, was a California Chapter 7; they all just governed California (except for Jefferson who died in 1826). The point is: many people – and many Californians – file for bankruptcy. You are not alone. Indeed, right now is the most prolific period of filing ever (under the current BACPA law).

If you have questions regarding Bankruptcy in San Diego County, including Carlsbad, San Diego and surround cities in San Diego County please contact us at (760) 579-7322 for a free consultation or visit www.bkanswers.com and we can connect you with one of our experienced San Diego Bankruptcy Attorneys. After you have spoken with one of our San Diego bankruptcy attorneys, we can schedule you for a free face to face appointment in our Carlsbad bankruptcy office. Our team of Bankruptcy Lawyers, Bankruptcy Customer Care Specialists and Bankuptcy staff supporting San Deigo consumers in debt can assist you with all aspects of your bankruptcy or bankruptcy litigation case. If you have questions about filing a Chapter 7 bankruptcy, a Chapter 11 bankruptcy, a Chapter 13 bankruptcy, or would like to learn more about bankruptcy litigation, legal debt settlement, mortgage modification, lien stripping, cram down, stopping a foreclosure, wage garnishment, asset protection, discharging a debt, etc. we can help! We have bankruptcy attorneys located throughout California and Oregon who can assist you with all of your debt resolution questions. Please feel free to complete our free online bankruptcy evaluation and we can quickly determine if you are a qualified candidate for bankruptcy. We look forward to hearing from you, Southern California!

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