|Doan Law Firm, LLP Newsletter||Volume 1.2- October 2010|
Welcome to the Autumn Edition of the Doan Law firm Newsletter!
hope you enjoy this newsletter and find the contents interesting,
understandable, and relevant...especially if you are on a critical
financial path and looking for help.
If you'd like to stay a little more closely connected, you can subscribe to our Bankruptcy Blog or find us on Facebook and Twitter. We post new videos, articles and newsworthy events there as well as on our Website.
Contact Us Anytime!
|News You Can Use...|
|...and a New Word for Your Vocabulary: Debtpidemic
On August 29, we published a full page advertorial in the Orange County Register and subsequently bought comparable space in the Press Enterprise
to inform their readers and our community about the our economy in
simple terms. Through a few well crafted articles, interesting data and
several great YouTube and website reference points, we explained how our
country got into this mess; told readers what banks don't want you to
know; and made a persuasive argument that filing for bankruptcy is your
patriotic duty. But above it all...literally as well as
figuratively...James Doan coined a new word: Debtpidemic�. We define a
debtpidemic as a rapid spread or increase in the occurrence of toxic
debt, affecting individuals, corporations, as well as local, state, and
Debtpidemic [det-pi-dem-ik] - noun a rapid spread or increase in the occurrence of toxic debt, affecting individuals, corporations, as well as local, state and national governments: Doan Law Firm has officially declared a debtpidemic.
collective debt load has reached such a level that we need a new word
to describe it. We propose "debtpidemic". The pivotal
concept behind this newly coined word is that an epidemic changes the
lives of everyone in a society whether they are infected or not.
At this point in our history, national and personal debt is taking a
heavy toll on our families, friends and loved ones.
Imagine if the bubonic plague swept our great land. It would command our instant attention. Each of us would ...
CLICK HERE TO READ THE FULL STORY ALONG WITH OTHER POWERFUL CONTENT ON OUR WEBSITE
|The Doan Difference - A True Story |
Marketing Director, I receive considerable feedback from our clients.
Nothing is more heartening than to receive an unsolicited testimonial
like the following story. This exemplifies the effect of what we call
the Doan Difference™, a philosophical and practical approach to
treating every client as if we were one. For more information on the
Doan Difference, contact me for a copy of our brochure. Hank@DoanLawFirm.com.
was given your name as the contact at Doan Law Firm to write a THANK
YOU letter for the AMAZING legal assistance your firm gave to me during
my recent Chapter 13 Bankruptcy filing proceedings. In 2005, I was a
real estate millionaire. In 2010, I was in need of filing Chapter 13 due
to several real estate related debts after the collapse of the real
took me at least a year to finally make the decision to file
bankruptcy...and I wish I hadn't waited so long. I was originally
intending to file Chapter 7. However, one of your team members, Brian,
whom I met in Santa Ana, really cared about my situation and gave me
such sound advice that not only was I able to keep my existing
residence, but he informed me that if I filed Chapter 13, there would be
a way to remove the 2nd trust deed loan on my primary residence as well
as unsecured debt. I thought it was too good to be true but everything
he told me was fact.
had a pending wage garnishment that was about to happen, so your team,
Brian and Alicia, went into immediate action and filed an emergency
bankruptcy action...which stopped the wage garnishment. Then Jay got
involved and worked up my financial profile...represented me to the
Chapter 13 trustee with finesse and style...and now all that is left is
the creditor meeting, and in 5 years, I will be done making payments to
the court and this whole nightmare will be behind me.
that you know my story, the purpose of writing this e-mail is to
personally thank your firm for hiring the caliber of professionals you
do. Here are the attributes I would describe Brian, Alicia and Jay:
Responsive to their clients: They keep clients informed and respond
back to clients at lightning speeds. I never had to worry about getting a
prompt response from any of them.
in Communication: They listened to my questions/concerns with
caring/compassion and answered all my questions to my complete
satisfaction. They did NOT try to pacify me or blow me off...but
answered every question I had with an answer - NOT with another question
or with "smoke and mirrors". If there was a deadline I needed to meet, I
knew what that deadline was in enough time to complete the task. There
were no 'emergencies' that I had to handle at the last minute.
Advice: I felt that I could 'trust' the advice I received from
employees at Doan Law Firm. Brian and Jay had given me accurate legal
advice and had gained my respect and trust (which is not an easy thing
- Given me my Life back: I am
now able to answer my own telephone without the fear of harassment by a
debt collector. I owe this privilege to the excellent work of Brian,
Alicia and Jay at the Doan Law Firm and the wonderful assistance they
gave to me during this entire process.
feel free to use me as a reference at any time for future client
referrals. A job well done deserves recognition and future business
- Leta Johnson
|The 48 Year Credit Card Hamster Wheel |
clients come into our office exhausted. They've been running on a
hamster wheel trying to keep their credit cards happy with a minimum
payment each month. They've pulled money from every possible source,
extra jobs, kids' college funds, their 401K, and even other credit
Despite running for
years, they've gained no traction. They are in fact further behind than
when they started and they're saying "uncle". Only a farfetched lotto
win will bring the upturn they need because it takes 48 YEARS to pay off
a $15,000 credit card paying the minimum monthly payment! Imagine
you're 30, part of a young family, ferrying kids to soccer practive. You
will be writing the very same check as you bounce your grandchildren on
It's our desire
to help people get on the upswing without years of heartache and
struggle. If you haven't already, see how bankruptcy can rid you of your
financial concrete boots.
|Did You Know? |
The following information was broadcast by NBC Nightly News on September 16, 2010:
In 2009, 14.3% of our nation was below the poverty line defined as less than $22,000 for a family of four.
- That's 43.5 million people or 1 in 7
- 25% of African Americans; 25% of Hispanics
- 1 in 5 or 20% of all children fall into this poverty category
to Realty Trac, a housing research firm, foreclosures spiked in August
of this year with banks seizing 95,364 homes. Foreclosures were up
25 % from August 2009 and at their highest level since the company
started tracking this data in 2005.
most incredible is the fact the recession is finally over. In fact, it
has been since June of last year. At least, that's what we've been told
the by National Bureau of Economic Research. The Great Recession, the
longest and deepest business contraction since World War II, technically
ended in June 2009. After reviewing the data above, I can only assume
that many of us must have been in a coma last June. How else could we
have missed such a major economic shift? It's still difficult at best to
understand. Here in California, 1 in 4 homes are in foreclosure and our
unemployment rate is north of 12%
Oh, and by the way, in 2009, the same
year they claim that the Great Recession ended, more than 1.4 million
Americans filed for bankruptcy, a 32% increase from 2008. As we enter
the 4th quarter of 2010 it appears that we'll dwarf 2009 filings.
Laguna Hills Bankruptcy
25401 Cabot Rd.
Laguna Hills, CA 92653
Santa Ana Bankruptcy
930 West Seventeenth St.
Santa Ana, CA 92706
1411 Rimpau Ave.
Corona, CA 92879
Moreno Valley Bankruptcy
24490 Sunnymead Blvd.
Moreno Valley, CA 92553
444 Airport Blvd.
Watsonville, CA 95075
1930 S Coast Hwy
Oceanside, CA 92054
Chula Vista Bankruptcy
333 H Street
Chula Vista, CA 91910
320 East 2nd Ave.
Escondido, CA 92025
La Mesa Bankruptcy
4817 Palm Ave.
La Mesa, CA 91942
San Diego Bankruptcy
185 West F St
San Diego, CA 92101