The financial planning process is not merely a matter of numbers. When you meet with a financial advisor to map out a strategy for wealth accumulation or wealth preservation, you may find yourself intellectually and emotionally engaged on a level you hadn't anticipated. It may actually give you a better understanding of what you want from life.
According to court records, mayoral candidate and current Councilman Peter Arellano claimed $670,359 in debts when he filed for Chapter 7 bankruptcy in November 2004.