by Chris Ebert | Sep 6, 2012 | General
A voluntary petition for protection under Chapter 7 or Chapter 13 of the Bankruptcy Code is a like your personal income tax return: even a minor mistake can have serious consequences. Here is a list we have compiled of the most common bankruptcy mishaps. 5. ...
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 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...
