Rancho Mirage, California
Rancho Mirage is a resort city in Riverside County with a population of just 13,000 people but with seasonal population it most likely rises to 25,000. It borders Cathedral City and Palm Desert. Rancho Mirage is a golf course haven boasting 12 golf coarses. There has been some industry other than tourism that has popped up recently in Rancho Mirage. Union Pacific Railroad and high end retail centers have been providing jobs outside the tourism industry. There are also Casino’s in the unincorporated area surrounding areas.
Even with the new jobs and typical high income dwellers that live and visit Rancho Mirage, Bankruptcies are on the rise and many people who are on fixed incomes have lost a lot of their value through the drop in the stock market and other investments that retirees have come to depend on. If you are retired and living on social security, you need to understand that social security does not factor into the means test and many of your investments including 401k’s 457b accounts and other pensions can be protected in exemptions within the bankruptcy court. If you have high debts and are struggling bankruptcy is still an option and if not I offer debt settlement services that typically work really well for elder clients as much of their income is typically not subject to wage garnishments and other forms of collections.