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Mediterranean Mayhem: Understanding The Greek Debt Crisis
International finance may be Greek to you, but national bankruptcies are surprisingly similar to personal ones. To understand the current financial crisis in Greece, it helps to think of the Greek nation as an individual…
Limelight Liquidation: 5 Shocking Celebrity Bankruptcies
From commercials to movie cameos to the many perks of fame, celebrities have no shortage of opportunities to make and keep money, yet many manage to go broke anyway. Dozens of stars have fallen from…
Read This: Bankruptcy Glossary
Even the most responsible borrowers can’t always repay their debts, so if you plan to start a business or obtain a mortgage, make sure to have an exit strategy. Bankruptcy can provide a way out…
Chapter 11 Is a Great Option for Small Businesses That Are Looking To Reorganize Business Assets
Small businesses often struggle with finances, sometimes to the point that they must seek relief through bankruptcy. While there are three choices (Chapter 7, Chapter 13 and Chapter 11) a business owner may be able…
What Happens to My Mortgage After Bankruptcy?
Owning a home is a great achievement. Unfortunately, all of the hard work you have put into paying your mortgage may be at risk if you decide to file for bankruptcy in Georgia. What will…
Why You Should Refrain from Withdrawing from Your 401K During a Hardship
We all face financial hardship at some point in our lives. One very common remedy sought out by those dealing with unexpected circumstances like a personal injury, work-related injury or medical bills is to borrow…
Student Loans and Claiming Bankruptcy
Student Loans are far and away the most difficult form of debt to erase. Bankruptcy filing is typically not an option for student debt unless debtors can clearly prove through a series of tests that: morganlawyersMorgan…
The Proper Steps To Obtaining a Mortgage After Bankruptcy
Filing for bankruptcy is not the end of the world. Rather, it is the spark of a new beginning where you can rewrite your financial goals, erase large amounts of your debt and start afresh….
Divorce or Bankruptcy: Which One Comes First?
Going through bankruptcy is difficult by itself but going through divorce is equally stressful, painful, and financially devastating. Knowing the steps to take – and which order to take them in – can be a…
The Benefits of the Budget Sheet After Bankruptcy
Utilizing a budget sheet is not only helpful when trying to minimize costs and track spending, but also can be extremely useful during and after bankruptcy filing is complete. You are going to be required to complete…
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