Bankruptcy

Unsecured Creditors: Know Your Rights

One of the main roles of bankruptcy trustees when managing a bankruptcy case is to ensure that the creditors' claims are repaid as much as possible before a debtor's debt is discharged. Creditors have the right to a hearing when it comes to liquidating the debtor's non-exempt assets for a Chapter 7 bankruptcy. Creditors also have the right to be heard in regard to a debtor's … [Read more...]

Most Inspiring Quotes to Help you Deal with Debt

It's not enough to simply pay off your debts; you need the inspiration to want to do it. Paying off debt is hard and involves sacrifice.  It's only going to work if you realize that a debt-free future is possible for everyone. Debt and the dodgier sides of the credit industry rely on you believing that debt is a way of life, and that you don't need to pay it off as much as … [Read more...]

Bankruptcy Basics: The Three Most Common Types of Bankruptcy

When times get tough, sometimes people have to search for answers that they’d never consider during their more flush financial moments. Bankruptcy is one of those last-ditch efforts many people make to keep their heads above water. However, many people don’t understand that there are multiple kinds of bankruptcy for which they can file and not every one applies to … [Read more...]

3 Major Challenges Business Will Face after COVID

The COVID-19 pandemic has forced most companies to rethink their business strategies and create one that incorporates social distancing and isolation. In the meantime, enterprises are beginning to realize that it’s time to support the return to work while making necessary changes in the months ahead. The COVID-19 outbreak affects the ability of some businesses to repay … [Read more...]

5 Ways to Avoid Bankruptcy

Entrepreneurs and small-business owners have many stresses to deal with, and due to their level of both financial and emotional investment, may end up heading towards bankruptcy without being fully aware of the circumstances. Being on the lookout for warning signs is obviously key, but there are other steps you can take to salvage a bad situation. I interviewed Jon Paul Kelly … [Read more...]