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Chapter 11 bankruptcies are up 63 percent

December 31, 2018

Chapter 11 bankruptcies occur when companies file for bankruptcy in order to protect themselves from creditors and to restructure their debt into something more manageable. This process is overseen by a Federal bankruptcy judge. Usually,…

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Toys “R” Us not going bankrupt after all

December 27, 2018

In the early summer of 2018, one of the largest and most iconic toy stores shocked the world by closing almost all of its 800 stores. Toys R Us was already in Chapter 11 bankruptcy…

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Bankruptcies soar among the elderly

December 18, 2018

A 2018 study has shown that bankruptcies among the elderly have increased over the last several years at a significant rate. From 1991 to 2016, the study indicated that bankruptcies of people 65 and older…

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The easiest ways to save money after bankruptcy

December 12, 2018

Life after a bankruptcy can be a tough. Sure, the knowledge that your debts have been wiped out is good, but sometimes there is a sense of failure. There is also the fear that you…

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10 Facts About the Student Debt Crisis

Many graduates are saddled with debt as they leave school behind and embark on their career. If you are having trouble with payments, know that you are not alone. Know these 10 facts about student…


Are All Student Loans Treated the Same in Bankruptcy?

Graduating from college can be an overwhelming time in anyone’s life. You’ve reached a major milestone — earning your degree. But even as you celebrate your achievement, worry lurks. Will you be able to support…


What President Obama is Doing about Student Loans

On March 10, 2015, President Obama signed a Student Bill of Rights, and in a signing ceremony at Georgia Tech University he explained the ways in which this bill will ease the pressures of student…