Filing for personal bankruptcy never means that your life as you know it is over. In fact, it should be viewed as a new start for you and your family. Bankruptcy should not be viewed as a last-ditch effort. It…
When people or businesses find themselves in a shortage of cash, they tend to liquidate their assets in an effort to fix their financial issues. The decision you will need to make when liquidating an asset is doing it quickly…
The bankruptcy filing for Gordmans department store has finally come to an end. The store is based in Omaha and it had a liquidation plan approved by a bankruptcy court. The approval for liquidation occurred just less than one year…
There are times in life where debt is perfectly fine to have. There are times in life where debt is not a good idea. One of those is credit card debt. It’s not bad to have a small balance on…
Since 2014, a total of 19 brick-and-mortar retail companies have shuttered their doors due to bankruptcy. As of late, more companies have been able to remain in business and keep their employees even after exiting bankruptcy. This is due in…
Bankruptcy is a personal issue that sneaks up on quite a few people. Even those who have their finger on the pulse of their finances might still be surprised by the realization that it’s time to file. Then there are…
A federal judge has forced the failed Fyre Festival into bankruptcy in New York. The ruling was issued late in August and includes the company that owns the festival. The judge approved an involuntary petition for bankruptcy that was filed…
Finding yourself in debt that continues to mount is quite an ordeal. Many people who find themselves in debt tend to have trouble getting out of it quickly. If debt continues to mount, you will need to find different ways…
You’re going to file for bankruptcy. You’ve tried to cut back on your spending, but there’s just no way to pay off what you owe. Your income doesn’t fit your debt, at least not anymore. If so, know that bankruptcy…
If you are living with deep debt, you likely struggle each month to pay the bills either on time or at all. You need to put a plan in place that can help you deal with deep debt. We aren’t…
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