subject: San Francisco Surviving The Economic Storm [print this page] San Francisco Surviving The Economic Storm
While there are many San Francisco bankruptcy lawyers in the city of San Francisco, California, this may be one city that does not necessarily need all of the services that San Francisco bankruptcy lawyers provide as much as some other economically struggling cities. This is because of the fact, and most San Francisco bankruptcy lawyers are well aware, that the city is faring rather well economically even in the face of economic decline. Sure you still have your fair share of residents that are filing for personal bankruptcy protection, but a majority of the city is doing remarkably well and there are good reasons for that. For those individuals who do turn to personal bankruptcy, it is likely not solely due to environmental factors as opposed to personal misfortune. San Francisco thrives off of tourism. It is part of a cultural foundation deeply embedded by film and music. The San Francisco 49ers is part of the National Football League and has earned the city five Super Bowl championships. This definitely has contributed to the revenue of the city. It is also a source of entertainment that draws in visitors from all over the world. San Francisco attracted more than 16 million visitors in the year 2007 alone. This set unprecedented records and bought the city over eight million dollars. The city ranks third in attracting the most foreign tourists of all cities. In fact, the Pier 39 is the third most popular tourist attraction in the country. San Francisco ranks in the top ten for destinations for professional conferences and conventions in North America. If anything were to deviate from the past precedence and pattern of tourism then the residents of San Francisco might have a valid cause for concern. Jobs would be negatively impacted and so would the bankruptcy and unemployment rates.
