Listen to our bankruptcy podcast here. It may seem like there is never a good time to file for bankruptcy, but with the holidays sneaking upon us, it may seem like now is one of the worst times. If you’re struggling financially, money can be the last thing you want
By Chris Tobias In these tough economic times many individuals and businesses are finding it difficult to meet their financial obligations. If your situation is not imminently dire there are steps you can take to ward off a bankruptcy. Establishing and maintaining good credit is not as hard as one
By Justine Coleman, The Hill About 300 companies that received up to $500 million in Paycheck Protection Program funding have filed for bankruptcy, The Wall Street Journal reported Tuesday. The Journal analyzed government data and court filings from the biggest borrowers in the PPP program to determine the statistic but
By The Economist TO SAY THAT the pandemic has been hard for the American economy would be putting it mildly. The unemployment rate, which stood at just 3.5% in February, is now 7.9%; there are 10.7m fewer jobs today than there were six months ago; a quarter of the workforce
There is a little something called life, and it does happen. Nine out of ten times, no one gets into debt on purpose. People get into debt for a variety of reasons: huge medical bills from an illness or injury, divorce, death, loss of a paycheck, poor money management, merely
America is a nation of consumers. A highly paid army of persuaders surrounds us with thousands of seductive messages each day that say “buy buy buy.” Plus, credit makes living beyond our means easy and resisting the siren sounds of the advertisers difficult. However, we are also told that if
