Archive for February, 2011

Your Local Credit Union: A First Step to Rebuilding Credit

You are probably already a member of one.  If not, you should be.  One of the best resources to assist rebuilding credit after a bankruptcy, foreclosure or short sale is your local credit union.  It’s surprising that more people don’t …

Nicolas Cage facing foreclosure?

Star status won’t pay the mortgage or eliminate the need for bankruptcy! In today’s economy it shouldn’t come as much of a surprise to find celebrities facing financial problems and bankruptcy. But you have to wonder, just how does Nicolas Cage get behind on his mortgage payments? I suppose he does it the same way […]

Mortgage Loan and Credit Card Applications and Your Credit Score

Most people are aware that applications for mortgage loans, car loans and credit cards, whether approved or denied, have an impact on their credit scores.  Merely applying for credit, it is believed, will tend to lower your credit scores.  While …

2011 Towards A Brighter Horizon, Economists Say

An Associated Press Economist Survey shows a brighter future ahead. The survey, which compiled opinions from 42 private, corporate and academic economists, found that they started to become more confident, as our nation starts to make its way out of …

Orange County Loehmann’s Store Closed

Another Orange County-based Loehmann’s store was closed Saturday, January 22nd. This is the third store Loehmann’s decides to close in Orange County, after the chain filed for Chapter 11 Bankrutpcy in November 2010. The store, located at 5 Points Plaza …

Not all Bankruptcy Firms are Created Equal

The saying, “you get what you paid for,” rings true all too often. At Doan Law Firm, we confidently assure you that the advantages we offer are worth every penny paid. We wrote a document entitled Our Pledge is Your Assurance and all of our employees agreed to each of these by placing their signature […]

Altera Real Estate Owner Files For Bankruptcy

Beneficial Services Inc., owner of Orange County brokerage Altera Real Estate filed for Chapter 11 Bankruptcy, known as “bankruptcy reorganization“. Gary Thomas, CEO of Aliso Viejo-based Altera, said about the bankruptcy filing in a recent published article: “This is a reorganization; …