Bankruptcy is a legal term that all of us have heard over and over again. We usually think that a person has become poor when they are bankrupt however that is usually not even close to the case. We have this pre-conceived notion that in order for us to be bankrupt, we are irresponsible and [...]
Archive for the ‘Bankruptcy’ Category
Proof Tax Laws Faulty: 9 Out Of 10 Americans Set
September 30th, 2010
admin Proof Tax Laws Faulty: 9 Out Of 10 Americans Set To Declare Bankruptcy
As the distribution of wealth in America becomes increasingly skewed toward the wealthiest 7% or so of the population, where we find more and more resplendently bedecked billionaires, the income of the other 93% of the populace continues to go the way of [...]
Prevent Bankruptcy By Seeking Help Through A Non-profit Debt Counselor
September 27th, 2010
admin Prevent Bankruptcy By Seeking Help Through A Non-profit Debt Counselor
For many Americans, it is believed that the people who file bankruptcy are irresponsible with money, which all filers are living outside of their means and flat out refuse to make bill payments. While there are unfortunate cases in which these instances have been found to [...]
Possibilities Of Declaring Bankruptcy With Student Loans
September 26th, 2010
admin If you are carrying a large student loan and are finding it hard to keep up with your payments, you may be wondering what options you have. You might even be considering filing for bankruptcy as a way to get a fresh start.
When it comes to bankruptcy and student loans, is this a viable option?
In [...]
Personal Bankruptcy And Harassing Creditors
September 20th, 2010
admin Just about everyone who gets a little behind on their bills will get a friendly reminder call from a creditor. But once in awhile, those calls turn out to be not so friendly. While there are certain laws to protect the consumer from harassing calls at home and at work, not every debt collector plays [...]
One Step Closer To Bankruptcy
September 18th, 2010
admin Word Count:Article Body:
I have written a couple articles so far about the downfall of GM and Ford, although I have mostly focused on GM. GM announced today that they are going to offer some 113,000 hourly employees a severance package in the six figure range to leave and waive their rights to their healthcare benefits. [...]

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