With the world still grappling with the news of tennis legend Boris Becker’s bankruptcy, it’s perhaps time for you to brush up on the basics of bankruptcy. The former coach of the current number 2 tennis player in the world, Novak Djokovic has lashed out on Twitter against the recent media reports of him being...
Tag: bankruptcy
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All Outta Dough: Why Do People Go Bankrupt?
The current statistics on bankruptcy in the US are sobering. We’ve seen a huge rise in the number of people falling into bankruptcy. What used to be an institution for the failed entrepreneurial class has now become a tool for the masses. Even Congress has had to step in and make bankruptcy more difficult to...
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Staggering Changes to How you May Apply for Bankruptcy – The Impact on Debtors
According to recent reports, bankruptcy applications are now being taken out of court and pushed online since the 6th of April, 2016. The process is all set to become cheaper and faster as the bankruptcy fee has also gone through a change. Are you a debtor who is looking forward to filing bankruptcy to restore...
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In Need of a Sale? How Specialist Homebuyers Could Benefit You
Securing a quick sale can prove to be a minefield, but sometimes it’s the only way to get yourself out of a sticky situation without forfeiting everything. If your debts have mounted up and bankruptcy is on the horizon, your home could well be your only remaining source of equity. However, the UK housing market...
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When & Where to Seek Financial Help
While people will have to face a variety of extenuating circumstances throughout the course of life, dealing with a financial hardship can be particularly difficult. Despite the challenges that result from financial hardships, however, people who are interested in attaining financial freedom can implement several strategies to accomplish this objective. The key to attaining financial...
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4 Reasons To Consider A Consumer Proposal Instead Of Bankruptcy
Most people in the modern world live with some sort of debt looming over them. Those that have the means and the determination can use that debt to their advantage while those that struggle regularly with making ends meet can get buried by their debt. The most difficult part of having debt involves getting too...
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The 5 most common areas of law and how they can help protect your assets
When you think of a lawyer, which area of law comes to your mind? Most people need the services of a lawyer from time to time, including family lawyers, consumer bankruptcy/foreclosure specialists, civil litigators, criminal lawyers, and personal injury attorneys. These five areas are the most common areas of law, and here’s a brief description of...
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Avoid Bankruptcy with these Helpful Tips
The decision to file for bankruptcy should never be taken lightly and should only ever be considered as a last resort. Dealing with unmanageable debt, before it’s too late, is the key to avoiding bankruptcy. For some great tips on how to regain control of your finances, follow our guide for avoiding bankruptcy below. Devise...
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Taxes and Bankruptcy: What You Need to Know
There are so many intricacies in bankruptcy law that it can be very overwhelming, especially considering that getting to the point of having to file for bankruptcy is overwhelming in itself. Often what affects what and how can get lost in the shuffle. It is much easier to go forward with something, and less overwhelming...
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The Top 5 Reasons to File for Bankruptcy
No one really wants to file for bankruptcy. It’s not fun and it doesn’t feel good to have to admit that you simply don’t have the money to pay your debts. However, even though it may not be an enjoyable experience, it’s also one that is extremely important and which can provide some real and...
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