Bankruptcy

Legal Lingo: Assignment for Benefit of Creditors

An Assignment for Benefit of Creditors is an analog to the more widely understood Chapter 7 Bankruptcy liquidation. It is a voluntary…

10 years ago

Celebrities Who Went Bankrupt (Infographic)

M.C. Hammer, Pamela Anderson, Evander Holyfield and Zsa Zsa Gabor. What do these celebs share in common? They all went…

10 years ago

Surviving Bankruptcy: Assignment for Benefit of Creditors and You

Few start a business assuming that they are going to fail – and many more keep believing that they aren't…

10 years ago

Hall of Fame to Bankruptcy Court, Bankrupt NFL Players

While you might not be out fathering nine children by nine different women, like former Denver Broncos player Travis Henry, bankruptcy…

10 years ago

Student Debt vs. Bankrupt Colleges: Corinthian Colleges Shutdown

A recent MarketWatch report notes that many students are seeking legal action against the college, even in the face of bankruptcy. Bankruptcy…

10 years ago

3 Big Brands Show Corporate Bankruptcy Isn’t a Death Sentence

Too many brands, changing consumer tastes, outmoded financial incentives, waiting too long to file bankruptcy, and being too over committed…

10 years ago

Pros and Cons of Bankruptcy Option Chapter 7

When you’re in a financial bind with no way out, it’s time to start considering your options. This can also…

10 years ago

The Better Bankruptcy Choice, Chapter 7 or Chapter 13 Bankruptcy?

There's also two different types of bankruptcy that go with these debts. Chapter 7 is usually used to discharge unsecured…

10 years ago

Celebrity Bankruptcies, Who Went Broke and Declared Bankruptcy

David Cassidy, who rose to fame in the 1970s due to his role in sitcom "The Partridge Family" and became…

10 years ago

When You’re Declaring Bankruptcy

Look. It’s okay. It sucks that you have to do it, and you might feel awful, but sometimes declaring bankruptcy is…

10 years ago