Goodfellas Most of us have seen movies about the Mafia. One of the ways they earn money is by making loans. Have you ever seen what happens when somebody can’t pay them back? It’s not pretty. Usually you walk (or hobble) away with a few bruises and broken bones… if...
Big Brother Is Watching You
There are only three credit reporting agencies. Weather you like it or not, they are constantly monitoring your financial activity. Based on many factors such as how quickly you pay your bills, and how much outstanding debt and past due debt you have, each agency will...
The Big Mall in the Sky Just Bought a One-Way Ticket to Bankruptcy Court
Until recently, not going mad from boredom on a plane was difficult. Smoking had once been a popular choice. Then came large movie screens that only half the plane could see. These eventually morphed into individual screens on the back of headrests. But these still...
A Bricklayer Falls on Hard Times
Since the dawn of man we've been constructing buildings from stone. Technology has changed over the millennia, and thanks in large part to the Romans, we now build buildings from brick and mortar. But one thing has remained; it's never stopped being a dangerous job....
Happy Retail Bankruptcy Day
Retail is a tough business. It's extremely seasonal and vulnerable to market fluctuations and consumer trends. As a result, we can all think of countless retailers where we once used to shop that are now closed. Deck the Halls With the Malls Have you been to the mall...
Bankruptcy: Don’t Wait to File
Someone once said that “good things come to those who wait.” Whoever it was, one thing is for certain; it wasn’t a bankruptcy attorney. There may be things in life worth waiting for, but when it comes to bankruptcy, often those who snooze, lose. Strike While the Iron...
Alco Files for Chapter 11 Bankruptcy
If you've ever found yourself inside of an Alco then you've also found yourself inside of a small town. That's because Alco specializes in small towns and rural communities. But if you’re the type to shop for sofas and manure spreaders under one roof, then you may be...
Title Loan Terror
Have you ever been desperate for money? Almost all of us have at one point or another. But where do you turn when your checking account is all zeros and your credit cards maxed out years ago? Maybe an innocent looking commercial suggested a title loan. Or maybe a...
Joe and Teresa Giudice Facing Prison for Fraud
The Real Housewives of New Jersey Joe and Teresa Giudice are learning the hard way that honesty is extremely important when filing for bankruptcy. Lying (or “forgetting”) about what you own can not only cause trouble for your bankruptcy case, but can lead to fines and...
Sometimes Baby Makes One…Income
Two incomes are great, especially when there are only two mouths to feed. Even if you rack up some debt, you'll have plenty of money to keep up with your monthly credit card statements. But what happens when baby makes three? Pablum and Then Some We can all agree that...
