by Chris Ebert | Sep 2, 2012 | General
When selecting a bankruptcy attorney, it’s very important to ask about the lawyer’s “exit plan”. In other words, what will you do for me after I file my voluntary petition? There are a number of perfectly competent bankruptcy lawyers whose eyes will glaze over the...
by Chris Ebert | Aug 31, 2012 | General
General Motors General Motors filed Chapter 11 bankruptcy in 2009, after having lost about $100 billion in the 2000s and losing its spot as the world’s top-selling auto maker. Just two years later, GM posted a $7.6 billion profit, the largest profit ever in the...
by Chris Ebert | Aug 28, 2012 | General
From the world of sports comes an object lesson in financial planning. You may or may not remember the 2004 Athens Olympics. Greece spent around $15 billion USD staging these Games. Now, many of those once-shining venues are in serious disrepair. Eight years...
by Chris Ebert | Aug 25, 2012 | General
Since 1950, when the most popular television show in the United States was Texaco Star Theater and Congress established a mechanism for a municipal bankruptcy, there have been fewer than 500 Chapter 9 filings. In the last three months, and in California alone, there...
by Chris Ebert | Aug 22, 2012 | General
4. Medical Bills Even if you have medical insurance, medical bills resulting from a serious illness can average over $13,000.00 ($36,000.00 for cancer patients). Even after they are discharged you can still make payments on your medical bills. But the payments would...
by Chris Ebert | Aug 2, 2012 | General
The United States has a well-deserved reputation as a generous nation. Over the past ten years, Americans have given trillions of dollars to charity. Yet much of this giving goes to faceless people in remote areas (an earthquake in Haiti or a tsunami in Japan). When...
