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Posted On: April 19, 2010 by Scott Sagaria

Innovative Bank of Oakland, CA is Closed

A San Jose bankruptcy attorney notes the closure of Innovative Bank, in Oakland, California...

In our San Jose bankruptcy firm, we noticed that The California Department of Financial Institutions closed Innovative Bank in Oakland, CA on Friday, April 16, 2010. According to its website, the Federal Deposit Insurance Corporation (FDIC) was named Receiver.

Debtors and bankruptcy professionals in Silicon Valley may or may not know that when a financial institution is closed like this, no prior notice is announced to the public.

Clients of Innovative Bank of Oakland may have questions or concerns regarding the closure, thus the FDIC is providing needed information on their website. Bank accounts, certain types of loans such as commerical or auto, certificates of deposit, etc. are just some of the concerns local clients may have. To learn more, please visit this link.

If you have questions regarding Bankruptcy in San Jose please contact us at 408.279.2288 for a free consultation or visit www.bkanswers.com and we can connect you with one of our experienced San Jose Bankruptcy Attorneys. After you have spoken with one of our downtown San Jose bankruptcy attorneys, we can schedule you for a free face to face appointment in an office location nearest you. Our team of San Jose Bankruptcy Lawyers can assist you with all aspects of your bankruptcy or bankruptcy litigation case. If you have questions about filing a Chapter 7 bankruptcy, a Chapter 11 bankruptcy, a Chapter 13 bankruptcy, or would like to learn more about bankruptcy litigation, legal debt settlement, mortgage modification, lien stripping, cram down, stopping a foreclosure, wage garnishment, asset protection, discharging a debt, etc. we can help! We have bankruptcy attorneys located throughout California and Oregon who can assist you with all of your debt resolution questions. Please feel free to complete our free online bankruptcy evaluation and we can quickly determine if you are a qualified candidate for bankruptcy. We look forward to hearing from you, San Jose and the South Bay!

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