Rudy Giuliani's decision to file for bankruptcy may give the former New York mayor some time to sort out his debts, including the $148 million settlement he must pay to two former Georgia election officials for distributing...
Declaring bankruptcy can potentially protect a person facing serious debt and financial difficulties from creditors. Therefore, bankruptcy can be a salvation for a drowning man, but it is important to understand that this procedure has its limitations, explains The Simple Dollar. First, bankruptcy can ...
Panic breeds panic when one financial institution collapses. Last week, after the collapse of Silicon Valley Bank, anxiety spread throughout the Bay Area and beyond. What to do if you have money in the bank, according to Yahoo. The week started with...
Bankruptcy is a powerful tool for debtors, but it does not solve all problems. What happens when you file for bankruptcy and how bankruptcy can help you improve your financial situation, NOLO explained. When faced with financial difficulties, it is important to know what is happening in…
The unfinished and abandoned 9000-passenger Global Dream II cruise ship will be scrapped after the shipbuilder filed for bankruptcy, reports TheGuardian. What was supposed to be one of the world's largest cruise ships is going to landfill. Global...
People from all over the world have been looking for the American Dream for hundreds of years. Whether these people are seeking refuge from poverty or violence, leaving war-torn countries, or looking to start a new business, the United States has long been regarded as outstanding ...
Some shops and restaurants are closed forever, writes GOBankingRates. On July 8, Brooks Brothers became the latest company to file for bankruptcy during 2020, a financially violent year for many businesses. The retailer announced the closure of 51 stores as a result of ...
“A fool doesn’t keep money for long” is a phrase that heirs of huge fortunes hear too often and often understand its meaning from their own experience. This happens both to those brought up in luxury and to those trying to make ends meet. After all, when...
Temporary debt relief occurs immediately in all types of bankruptcy, as the automatic suspension prevents creditors from contacting you once you or your bankruptcy attorney start a case. It also stops the seizure immediately, writes Upsolve. Chapter 7 bankruptcy ...
The coronavirus pandemic has changed our lives in many ways, some changes are temporary and others are probably permanent. Retailers have been hit particularly hard by shutdowns and quarantines. Writes about this Money Talks News. Many of these retailers plan to survive through restructuring, but a few ...