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El Segundo, California is located in Los Angeles County. It has a population of 16,500 residents. It is known colloquially as the ‘Gundo, and its name is derived from the Spanish phrase meaning “The Second.” It is situated on Santa Monica Bay, and many of the local residents enjoy spending time at the beach. Because of this El Segundo is known as one of the Beach Cities of Los Angeles.
The economy has been suffering since the recession of the late 2000’s. Many residents are unable to sustain the lifestyles they once could and are turning to El Segundo bankruptcy attorneys for help. If you’re in a similar situation don’t hesitate to contact an El Segundo bankruptcy lawyer for an initial consultation. You’ll learn what your options are and be able to determine whether or not you should file for bankruptcy.
Established El Segundo Bankruptcy Attorney in CA
The largest employers in the city include Raytheon Space and Airborne Systems, Northrop Grumman, Boeing Satellite Development Center, The Aerospace Corporation, and DirecTV. Other notable companies with headquarters in the area include Mattel, Chevron, and Xerox. Several notable celebrities live in El Segundo, including the Baseball Hall of Famer George Brett and former UFC champion Vladimir Matyushenko.
The average household income is approximately $60,000. Despite this, many still struggle to cover all of their debts. In some instances, it makes sense to wipe them out by filing for bankruptcy. An El Segundo bankruptcy lawyer can help you work through the process, even though it isn’t legally required to work with an attorney when you choose to do so.
The city also has an award winning local station, El Segundo TV. They broadcast public programming and government-access television.