Riverside Bankruptcy Attorney Mark C. Schnitzer Advises Businesses in San Bernardino County's Largest Newspaper
January 24, 2011
As a bankruptcy attorney in Riverside with Reid & Hellyer, Mark C. Schnitzer regularly advises businesses and business owners on their debt related issues. As a preeminent attorney in his field, The San Bernardino County Sun, the county's preeminent newspaper, recently turned to Mark for his opinions on the recent rise in bankruptcy filings throughout the Inland Empire and general advice on bankruptcy for businesses.
While many business owners hope that the economy rebounds, statistics released by Equifax, a consumer credit reporting firm, in January 2011 found a 10 percent jump in bankruptcy filings in 2010 throughout the San Bernardino-Riverside-Ontario metropolitan statistical area. Mark's ties to San Bernardino made him a natural choice to offer his opinion on this trend: A San Bernardino resident for 45 years, former United States Air Force JAG attorney station at Norton Air Force Base in San Bernardino, former board member of the San Bernardino County Bar Association, founding president of the Inland Empire chapter of the Federal Bar Association and current bankruptcy lawyer in Riverside.
The question and answer session covered various topics including the potential reasons for the increase in bankruptcy filings in the Inland Empire, the type of small businesses that Mark has seen go bankrupt in recent years, and why the uptick in bankruptcies occurred in 2010. Mr. Schnitzer also offered his opinion on what business owners can do to protect themselves from filing and how often individuals may file bankruptcy.
Ultimately, Mark concludes that there is often a point in which business owners can't recover from a debt situation, leaving bankruptcy as a viable option. "It gives them the ability to be free from the debt load," stated Mr. Schnitzer. "They go through the process and realize they don't owe this debt anymore and can be emotionally healthier at that point and be more productive." Click here for the full article.
Mark C. Schnitzer is a bankruptcy lawyer in Riverside, California with Reid & Hellyer. Formerly with the bankruptcy law firm of Hanover & Schnitzer in San Bernardino, he has practiced as a bankruptcy attorney for nearly four decades, providing consumers and businesses with options including Chapter 7, 11, 12 and 13 bankruptcies. He may be reached online, at (951) 682-1771 or at email@example.com.
Headquartered in Riverside, Calif. with offices in Orange County and Temecula, Reid & Hellyer has been serving Riverside and San Bernardino counties for more than 100 years. As one of the most-respected full-service law firms in Southern California, their attorneys provide legal services in business and real estate litigation, real estate development, transactional law, bankruptcy, media law, tax law, mediation and civil rights. The lawyers at Reid & Hellyer serve individual and business clients of local, regional and national prominence.
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