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July 2012 Archives

Did you increase your credit card debt in the past few months?

Many of our readers in San Diego know that times are still tough out there. While some people will say that the economy is slowly and steadily improving, others will agree that a recovery is not happening quickly enough. A lot of Californians are still having a hard time making ends meet, and people are taking the risky turn toward credit card use to cover basic expenses and pay bills.

San Diego-area resort and casino begins Chapter 11 bankruptcy

Some of our San Diego readers may be familiar with the Santa Ysabel Resort and Casino. The 37,000-square-foot casino and resort is a popular destination for those seeking poker tournaments, slots and blackjack. However, it appears this business has fallen on some hard luck itself, as the casino recently filed for Chapter 11 bankruptcy protection.

Before, during and after personal bankruptcy -- what to expect

Californians who find themselves in a bad financial situation may think their options are limited. In the search for a fresh start, or with the hope that they can stop foreclosure on their homes, many people will turn to bankruptcy. When this happens, people tend to think they have set out on a path from which there is no coming back. But that isn't necessarily the case; your life after bankruptcy can return to normal. Still, it is a good idea to avoid falling into any bad fiscal habits that may have contributed to the bankruptcy in the first place.

A California trend -- another solar company files for Chapter 11

It happened again: another solar power company in California recently filed for bankruptcy. NovaSolar, Inc., a company that grew out of an earlier solar power firm known as OptiSolar, filed for Chapter 11 bankruptcy protection on June 15. OptiSolar, which was previously based in Hayward, California, was in business from 2006 until 2009, at which point it stopped production.