Bankruptcy | Kanye West's $53 Million Debt Bankruptcy . To many Americans, celebrity debt sounds and looks horrific. Announcements like Kanye Wests' $53 million debt seem unbelievable, especially when the average American holds over $20,000 in debt from student loans, auto loans, and credit card bills. The amount is even greater with an average $70,000 mortgage, but [...]
Bankruptcy | Keeping Up with the Jonses It doesn't take long for life to turn into a competition. Suddenly, it's all about having the biggest and the best of everything: the biggest wedding, the most impressive home, the vacation that all of your friends on social media are jealous of. Living that financially extravagant lifestyle, [...]
Bankruptcy Attorney | Holding on to Property During Bankruptcy Bankruptcy Attorney | Facing bankruptcy can make you unsure of a lot of things. Namely, what will happen to your personal property? Because bankruptcy means you are seeking help to get back on strong financial footing, chances are you will need to forfeit some of your [...]
Bankruptcy Attorney | What is Chapter 11 Bankruptcy? Bankruptcy Attorney | As more and more businesses struggle to turn a dime as we crawl out of the recession, you have most likely heard the term “Chapter 11 bankruptcy.” Recently the rapper 50 Cent filed for Chapter 11, in addition to A&P and Columbia Records. It’s not [...]
Bankruptcy Lawyer | Relativity Media Has Filed Bankruptcy Bankruptcy Lawyer | Entertainment company Relativity Media, the company responsible for “Immortals,” “Act of Valor,” “Oculus” and “Machine Gun Preacher,” has filed for Chapter 11 bankruptcy. The 11-year-old digital-age entertainment company founded by Ryan Kavanaugh often boasted clever financing in addition to data analysis could lead to big box [...]
Bankruptcy Lawyer | Are Foreclosures on the Rise Bankruptcy Lawyer | We've seen these numbers before and can perhaps continue to draw the same conclusions regarding them. To wit: Data relevant to housing markets in Florida and nationally can be construed as either positive or negative, respectively, depending on one's personal predilections in judging. Consider, [...]
Chapter 13 Bankruptcy | Survey Finds a Mass Under-Reporting of Debt Chapter 13 Bankruptcy | Survey findings from recent research reveal that, while many Americans report debt information concerning their mortgages, home equity loans and bankruptcies with a "striking level of accuracy," the same can't be said regarding their input on their credit card debt. [...]
Bankruptcy Attorney | A Terrible Debt-Related Story Bankruptcy Attorney | With stories like the following, it’s small wonder that the United States Federal Trade Commission reportedly receives more complaints about debt collectors than any other industry. Here’s what happened to one woman. A collection agency filed a lawsuit against her, alleging nonpayment on a $10,000 [...]
Bankruptcy Lawyer | Handling Debt Collectors Bankruptcy Lawyer | When queried by a media enterprise about behavioral practices in the debt collection industry, an official with one collection company responded by saying that the overriding goal in her field is “to help the consumer.” Really? Millions of consumers across the country would likely challenge that [...]
Bankruptcy Attorney | A Harsh Look at Debt Settlement Companies Bankruptcy Attorney | The attorney general of one state calls it "the latest scam on the largest group of people who are struggling with the most debt." What she is referring to is student-loan indebtedness, which has reportedly strapped consumers across the country with well [...]