6 Rich Celebrities Who Went Broke and Declared Bankruptcy
$1.2 million is a lot of money. According to a 2014 study by The Hamilton Project, that's about what the typical four-year degree holder earns...
8 Asset Protection Strategies – How to Protect Your Wealth From...
The best offense is frequently a good defense. No matter how astute a business person you are, or how skilled you are as an...
What Is Chapter 7 Bankruptcy – Filing Rules & Means Test
When you think of bankruptcy, you probably think of Chapter 7 bankruptcy. It is sometimes referred to as a "straight bankruptcy" or a liquidation....
When and Reasons Why to File for Bankruptcy
Declaring bankruptcy is a pretty extreme measure. But used in the right way at the right time, it can save you money, preserve your...
How to Declare & File for Bankruptcy – 8-Step Process
Filing for bankruptcy can be a long and stressful process, but it doesn’t have to be. To give you an idea of what to expect, here is an overview of the types of bankruptcy available to individuals, the bankruptcy filing process, and some common pitfalls to look out for.
7 Steps to Rebuild Your Finances & Credit After Bankruptcy
Few life events are as stressful as bankruptcy. Every penny, asset, and source of income is put under the microscope for dissection. When it's...
How Does Bankruptcy Affect Your Credit Score?
The main issue that discourages most people from filing bankruptcy is the detrimental effect is has on their credit. It's true that a bankruptcy...
The Real Reasons Why Companies & Business Startups Are Failing
Running a business is very risky. In fact, an estimated 49% of businesses fail within their first five years and approximately 30% of businesses...
General Motors GM Chapter 11 Bankruptcy Timeline & Future Lessons
General Motors grew from a small company in 1908 into a corporate giant within a couple of decades. For years, people believed that GM...
Chapter 7 vs. Chapter 13 Bankruptcy – Which Should You File?
If you've decided to declare bankruptcy, it's important to understand the different types. Both Chapter 7 bankruptcy and Chapter 13 bankruptcy offer unique benefits.
Which...
What Is Chapter 13 Bankruptcy – Filing Rules & Information
Filing for Chapter 13 bankruptcy can stop creditor harassment, runaway interest rates and fees, and can provide you with a structured plan for paying...
Filing For Bankruptcy – Should You Ever Do It?
This is a very sensitive topic because it involves a decision that cannot be undone. I have personally "beat" bankruptcy, consulted with those contemplating...
