In The Press

  • The Best Form of Loan Modification May Not Be A Loan Modification At All!
    by Stephen Doan, Esq.

    In California, consumer bankruptcies rose 25% in 2010 and were up 9% nationwide. There were 24,117 consumer bankruptcy filings here in the Santa Ana division of the Central District of California…and that was just in the first quarter of 2010! The majority of those were Chapter 7 filings to liquidate assets and eliminate unsecured debts.

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  • Life after Bankruptcy: A Financial Mulligan!
    by Greg Doan, Esq.

    Many of our clients are surprised to hear that within weeks of their discharge, banks begin inundating them with credit card offers while local auto dealers craft special offers, specifically designed to help them purchase new vehicles. Because bankruptcy can be filed only once every 8 years, bankruptcy clients are seen as low risk borrowers.

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  • The Best Form of Loan Modification May Not Be A Loan Modification At All!
    South County Magazine - March 2011

    For most individuals and families, eliminating their junior mortgages and creating an affordable three-to-five year repayment plan on their debt is better than anything possibly achieved through a loan modification. Consumers are able to get caught up on delinquent mortgage payments and eliminate their junior motgages upon the completion of their Chapter 11 or 13 plan. Consumers then walk away from their plan, free of all unsecured debts and their second mortgages in some cases. It truly represents a fresh start.

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  • Bankruptcy... a 'Patriotic' Solution?
    South County Magazine - January 2011

    Unhealthy Americans make for an unhealthy America, both physically and financially. Compare the cost of a healthy lifestyle to the ramifications of major illnesses. Finances follow suit. If eliminating toxic debt debt can restore finanical health to the individual, and collectively to the nation, then filing bankruptcy actually becomes an act of patriotism, and nothing to be ashamed of.

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  • Doan Law Firm to Sponsor CHARACTER COUNTS!
    Press Release - 6/3/2010

    San Clemente based Doan Law Firm, California’s largest family of bankruptcy attorneys is proud to announce their sponsorship of CHARACTER COUNTS!, the nation's leading character education system featured exclusively in Southern California on KNX 1070 news radio. CHARACTER COUNTS! is a framework, centered on basic values called the Six Pillars of Character: trustworthiness, respect, responsibility, fairness, caring and citizenship. The program is embraced by thousands of schools, communities, public agencies and nonprofit organizations.

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  • The Doan Law Firm keeps it all in the family
    San Diego Magazine - 4/1/2010

    Many attorneys work such long hours their coworkers feel like family. At Doan Law Firm, the coworkers are family.

    Five brothers - Michael, Shawn, Jonathan, James and Steven - and father Greg are all attorneys at the largest family law firm in California. Thirteen offices from Chula Vista to Escondido, Orange County, and Riverside keep the Doans hard at work with bankruptcy and personal injury cases.

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  • Bankruptcy is this family's business
    OC Register - 3/2/2010

    Red and green numbers kept flickering on a presentation screen as five brothers pointed out credit-card debt, consumer debt, mortgage debt and a ballooning national debt as their father tried to explain why it's patriotic to file for bankruptcy.

    These are the Doans, a family of bankruptcy lawyers who built their Doan Law Firm from scratch more than a decade ago and now have 12 offices in Orange and San Diego counties and the Inland Empire, with a 13th scheduled to open this month in Los Angeles.

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  • Family-run Law Firm Offering Free Bankruptcy Advice and Legal Services to Local Residents in Trouble
    PRLog - 12/15/2009

    Greg Doan, the family patriarch and founder of this dad-and-five-sons-firm, took the Court's message as a call to action, saying, "There are many families in our local communities that struggle just to make ends meet. This isn't a very 'merry' time for a lot of moms and dads, and especially those individuals who have been unemployed for much of 2009. Our family decided to do something special this Christmas season and give back to the community in which we grew up, raised our families, and built our business."

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  • More members of middle class file for bankruptcy
    USA Today - 11/19/2009

    "Carrying debt is like carrying a backpack full of bricks," says James Doan, a bankruptcy attorney in San Clemente, Calif. "It weighs people down. They feel like failures. The are embarrassed and ashamed."

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  • Banks Lose to Deadbeat Homeowners as Loans Sold in Bonds Vanish
    Bloomberg - 2/22/2008

    "Judges are becoming increasingly impatient with plaintiffs who produce no more proof of ownership than a lost-note affidavit or a copy of the note," said Michael Doan, an attorney at Doan Law Firm LLP in Carlsbad, California.

    "Things are heating up," Doan said.

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