How Does a Man worth $400 million Find Himself Bankrupt?

Mike Tyson is the perfect example of how not to spend your money. While Tyson was a former heavyweight champion and boxing legend, he may go down in history for how he spent his money instead of how he earned it. Despite Tyson’s nearly $400 million earnings over the past 20 years, he somehow managed […]

Solve Financial Troubles With A Bankruptcy Lawyer

If you’re struggling with debt, finances, and credit, you’re not alone. Countless people are turning to the help of a professional bankruptcy lawyer to help solve their financial troubles once and for all. Bankruptcy can help wipe your debt clean so that you can finally get the fresh start you’ve always wanted. When you file […]

Bankruptcy Attorney Fees and Payment Plans

If you’re thinking about hiring a bankruptcy attorney, you may be wondering how much their services will cost, how you can pay them, and how they can help out in your financial and debt situations. The good news is that hiring and working with a bankruptcy attorney is one of the most affordable and simple […]

With Bankruptcy, Sooner is better

Filing for bankruptcy can be intimidating, especially for people who have always been financially secure. There are quite a few reasons why people put off filing for bankruptcy; denial, embarrassment or maybe they consider bankruptcy a final option. Waiting, however, can cause more stress and more financial strain on you and your family. While bankruptcy […]

Personal Bankruptcy for Small Business Owners

The economy has been hard on all of us; small and large businesses alike have felt the effects. Most often, the news focuses on corporate bankruptcies and large company debts, when small businesses are struggling as well. So what happens to a small business when the owner is facing personal bankruptcy? Do they have to […]

The different types of bankruptcy explained

There are four types of bankruptcy: chapter 7, 11, 12, and 13. They are named depending on their chapters in the United States Bankruptcy code. The types differ based on the debtor, the debtor’s income, and the methods used in repaying the debts. Chapter 7 and 13 bankruptcy are for individuals seeking to settle their […]

Explaining Your Bankruptcy

Hard times fall on many people, especially in a recession or bad economy. Filing for bankruptcy has been the saving grace for many of these financially frustrated individuals. While filing for bankruptcy can be a huge relief to those in debt, many people feel they don’t know how to explain their bankruptcy to family, creditors […]

Famous Corporate Bankruptcies

As both consumer and business bankruptcies continue to flood our economy, it’s no wonder that our recession has been a long and drawn out one. Corporate bankruptcies always seem to be the most shocking, as Americans tend to think that large companies are invulnerable to the financial struggles of small business owners and consumers. Some […]

LA Dodgers File for Bankruptcy

The current recession has taken its toll on many families and businesses, forcing thousands to file for bankruptcy. Why, then is it so surprising that a professional baseball team could find itself in a similar financial crisis? Many people were shocked to find that the Los Angeles Dodgers are entering a Chapter 11 bankruptcy as […]

Toni Braxton’s Bankruptcy

Celebrities seem to have it all; fame, fortune, and a fantasy lifestyle. So how is it that some celebrities still file for bankruptcy? There are actually quite a few ways that celebrities can find themselves financially bankrupt. Overspending, cancelled contracts and trusting the wrong people are some easy ways for a famous person to find […]

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