2012 Featured News
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Posted on Dec 14, 2012
Hostess, a company that is famous for their delicious cream filled, high calorie treats, decided to make a last ditch effort to save their company last month when they filed for bankruptcy. According ...
Continue reading "The Twinkie Tragedy and What We Can Learn" »
Posted on Nov 6, 2012
If you have been hit with a devastating illness or were injured in a devastating accident, then you may be losing money fast. As a result of your sickened state, you may not be able to work. While ...
Continue reading "What is Medical Bankruptcy?" »
Posted on Nov 2, 2012
A limited liability company or LLC is a relatively new type of business that was created by the state. Because LLC’s haven’t been around very long, how to file for bankruptcy in an LLC is ...
Continue reading "How to File for Bankruptcy with a Limited Liability Company" »
Posted on Oct 29, 2012
When you are slowly losing money and sliding into debt, you may decide to sell some of your more valuable items to lessen the load. With online markets like eBay and Craig’s List, it’s ...
Continue reading "Your Right to Sell your Stuff is in Jeopardy!" »
Posted on Oct 26, 2012
In the world of credit cards, it is increasingly easy to overspend. When you run out of cash in your wallet, you still have a little plastic card that you can swipe to obtain any items you desire. ...
Continue reading "America and the Addiction to Overdraft" »
Posted on Oct 23, 2012
A tax lien is a lien that is imposed by the law upon a property in order to secure that taxes will be paid. Normally, a lien is placed on a home when the owner has not been able to pay due taxes owed ...
Continue reading "Let’s Talk About Bankruptcy and Tax Liens" »
Posted on Oct 18, 2012
Many middle-aged or older Americans have to file for bankruptcy when they can no longer pay their mortgage or need to get rid of credit card debt that has become overwhelming. But what about those ...
Continue reading "Young Bankruptcies: Are they a Good Idea?" »
Posted on Oct 16, 2012
When money gets tight, there comes a time to pinch and squeeze in every area of your personal finances. You may need to dip into a savings account, take out a loan, or borrow money from a friend in ...
Continue reading "401(k) Accounts, Debts, and Bankruptcy" »
Posted on Oct 12, 2012
Robert Kiyosaki wrote the bestselling book “Rich Dad, Poor Dad.” This financial self-help volume was read by thousands of dads who wanted to plan their money right. In addition to this ...
Continue reading "‘Rich Dad, Poor Dad’ Author Files for Bankruptcy" »
Posted on Oct 8, 2012
College tuition can cost thousands upon thousands of dollars, and students often have to take out loans in order to make it through their four years at school. With these loans come the responsibility ...
Continue reading "How to Avoid or Eliminate Student Loans" »
Posted on Oct 4, 2012
Do you need to borrow more money in order to make ends meet this month? As you fall deeper into debt, you may start to realize that your credit is dropping. When borrowing, you have a lot of different ...
Continue reading "Personal Loans vs. Credit: What You Should Know" »
Posted on Oct 1, 2012
When you are in debt, your credit score inevitably starts to fall. Eventually, declaring bankruptcy may put your credit score at its lowest low, and cause you to wonder if you’ll ever be able to ...
Continue reading "Want to Boost your Credit Score? Try These Tips!" »
Posted on Sep 27, 2012
Bankruptcy often seems like a distant, mysterious world. When we hear that someone filed for bankruptcy, we automatically feel sympathetic for that person, and assume that they have hit rock bottom. ...
Continue reading "Busting Bankruptcy Myths" »
Posted on Sep 25, 2012
When a company chooses to file for bankruptcy, it normally means that they will receive protection as they refinance, cut jobs, and eliminate costs so that they can put their profits towards their ...
Continue reading "Kodak Working Hard to Emerge from Bankruptcy" »
Posted on Sep 20, 2012
When we think of the Olympics, we often think of success. American Olympians bring home gold medals and make out nation proud in a flurry of accomplishment. Yet reporters have realized that some of ...
Continue reading "Olympic Families File for Bankruptcy Too" »
Posted on Sep 17, 2012
If you are filing for bankruptcy, one of the most important parts of the process is filling out the schedules in full detail. Financial advisors suggest that you are over inclusive when listing your ...
Continue reading "Filling out the Schedules" »
Posted on Sep 14, 2012
A new report issued by the government says that unemployment has worsened in most states in the last month. CNBC News says that the July unemployment figures rose a tenth of a point from June to 8.3 ...
Continue reading "Joblessness is Rising while Unemployment Checks are Disappearing" »
Posted on Sep 11, 2012
Some banks turn to bankruptcy to help them forestall seizure. According to The Wall Street Journal, the Premier Bank Holding Co. did just that when it became apparent that bank regulators could take ...
Continue reading "A Bank Files for Bankruptcy" »
Posted on Sep 6, 2012
If you are struggling under the debt of student loans, you are probably trying to conserve as much money as possible. Did you know that some purchases can actually save you money? By conserving your ...
Continue reading "Ways to Reduce the Costs of College" »
Posted on Sep 3, 2012
In the aftermath of Hurricane Isaac, many men and women will be returning back to homes that were damaged or destroyed, and cannot afford the thousands of dollars in repairs that are needed to make ...
Continue reading "Natural Disasters and Bankruptcy" »
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