Olsen Twins’ Father Files for Bankruptcy

According to various reports, Mary-Kate and Ashley Olsen's father has filed for bankruptcy and is also facing foreclosure on his California home. David Olsen has reportedly fallen behind on payments for his property and owes the bank about $2.2 million. Documents state that he and his second wife will be forced out of their home if they do not pay the full amount. The property will then be sold off at a public auction.         

Anyone at anytime can find themselves needing to file for bankruptcy, whether personal bankruptcy or as a company. You need to know that these matters can be resolved in a beneficial way if handled properly so that you are able to move forward with your life. You do have rights to protect during this difficult time, but it's important that you take the correct steps to do so. Filing for bankruptcy does not have to be the end, but can be the chance at a new beginning when you make the right choices.