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Commerce, California is located in Los Angeles County and boasts a modest population of approximately 13,000 residents. The median household income is $34,000, which is notably low for the county. Many are incapable of honoring their debts due to the ever –increasing cost of living. Because of this, Commerce county bankruptcy attorneys have stayed rather busy as of late.
Skillful Legal Representation From Commerce Bankruptcy Attorneys in CA
Commerce is one of the few cities in the county in which casino gambling is legal. The Commerce Casino is actually the area’s largest employer, providing work for more than 2,100 residents. Other notably large employers include the County of Los Angeles (910 employees), Parsec (890 employees), and Smart & Final (769 employees). The only notable company headquartered in the city is Kimlan Foods USA.
The Montebello Unified School District provides education for children in grades K-12 with nine different schools. The Los Angeles Unified School District has three schools operating in the area. Other public services are provided by Los Angeles County, including fire protection. The police department is operated by the Los Angeles County Sherriff’s Department.
Efforts are underway to increase the amount of visitors Commerce Casino receives in an attempt to stimulate the local economy. Many oppose this, though, citing the failure similar efforts in neighboring cities. For those who have had to work with a Commerce bankruptcy lawyer, anything that could potentially improve the financial situation in the city is worth trying.
At one time the economy was thriving and few had to turn to a Commerce bankruptcy attorney for help. This was largely thanks to Chrysler’s former assembly plant, which operated until 1971. The plant closed when Chrysler decided to adopt triple-stack transport trains, since the facilities were unable to accommodate them.