Bankruptcy Information News Recent News about Bankruptcy Information California Bankruptcy Court eliminates certain paper notices -- The court said it would stop issuing mailings to addresses deemed undeliverable by the U.S. Postal Service. Map highlights bankruptcy difficulties in the Southwest -- California, Nevada and Arizona are seeing high levels of mean net scheduled debt. Los Angeles shows drop in defaults -- Nationwide decline also reported. Bankruptcy filings could exceed 1.6 million -- Throughout the year, Nevada has seen the highest rates of those filing bankruptcy in the country, while the entire nation could see 1.6 million by the year's end. Steps in the Nevada foreclosure process -- Homeowners are given a chance to avoid losing their property. ABI survey respondents not confident in federal protection agency -- Proposals from Congress would create a new governing body for financial products, though some aren't convinced it will work. Strategic default hurts chances for future mortgage -- Walking away from a home loan could make it more difficult to get a mortgage in the future. California bankruptcy lawyer will head ABI -- Geoffrey Berman will become president of the American Bankruptcy Institute in the spring of next year. Nevada's April foreclosure rate highest in country -- A recent report shows that Nevada, Arizona and California continue to see some of the top foreclosure rates in the nation. Debt settlement carries danger of upfront fees -- Consumers in states hit hardest by the recession may consider many options to avoid filing bankruptcy, including debt settlement. Thirteen of 20 top foreclosure cities in three states -- Trying to avoid foreclosure may be on the mind of many consumers, especially if they live in the areas hit hardest by mortgage difficulties. For more information call us at 866-210-1722 or fill out the form below.