Bankruptcy and celebrities
Debt is not partial to any particular group of people. No matter where you come from or where you have been, you might find yourself in a financially poor situation. Seems the latest celebrity to join the ranks is Lisa Marie Presley, who once had claim to a $100 million fortune. Her fortune is now […]
Why Chapter 13 might be the bankruptcy option for you
If you are swimming in debt and unable to afford your monthly demands, Chapter 13 might be a good option for you. With Chapter 13 bankruptcy, your debt is reorganized to an affordable payment that is paid to a trustee. Chapter 13 is a way to bring debts current, ending collection calls and the worry […]
Americans owe trillions in debt including student loan debt
If you had to guess what category holds the largest debt for Americans, most of you would probably guess it was mortgage debt. You would be correct. But you may not as easily guess that the second debt category is student loans. According to the Federal Reserve Bank of New York’s Quarterly Report on Household […]
You can’t ignore the benefits of Chapter 7 bankruptcy
Even though you hope it never happens, there could come a time when you have no choice but to consider filing for Chapter 7 bankruptcy. You’ve tried everything else, from credit counseling to altering your budget, and you just can’t make any progress. Fortunately, you can learn more about Chapter 7 bankruptcy as a means […]
Bankruptices decreasing in Wisconsin
Most of us can remember the poor economy at the end of the last decade. According to U.S. Bankruptcy Court records, bankruptcies peaked at nearly 30,000 filings in 2010. However, it appears that the economy might be on the upswing after all. Since 2010, the number of filings has been steadily decreasing. Wisconsin appears to […]
Bank levies and wage garnishments can cripple your finances
You’re struggling to pay off your debts, and you haven’t contacted your creditor to make arrangements to do so. Tthen after while, your creditor decides that they will file a lawsuit against you to have a judgment issued in your case. Once this happens, your creditor’s attorneys can file a turnover order which will allow […]
How to get out of debt
If you are suffering from debt overload, you know what it is like to have creditors calling all hours of the day and night. How many times can you tell them you don’t have the money, and then sit and listen to a lecture on how serious the situation is? Creditors are trained to be […]
A wage earner’s plan: Chapter 13 bankruptcy
Have you ever considered bankruptcy and then wondered if you qualified? Many Wisconsin working individuals who struggle with debt believe they own or make too much to qualify for bankruptcy. If that is you, you will want to read on. Chapter 13, “also called a wage earner’s plan,” is just for such individuals. Having a […]
Bankruptcy myths: Don’t believe these to be true
There are many people out there who have filed for bankruptcy. And there are just as many who hope to do so at some point in the future. Even though filing for bankruptcy is not the ideal financial situation, it may be the best thing you can to do eliminate or reorganize some or all […]
What happens to employees during layoffs
Kimberly-Clark plans on cutting more than 5,000 jobs and closing 10 facilities across the globe, according to an announcement by their leaders this week. In case you didn’t know, Kimberly-Clark, who makes paper products, such as Huggies, Kleenex and paper towels, was founded in Neenah in 1872. While now headquartered in Dallas, it still employs […]
