The main issue that discourages most people from filing bankruptcy is the detrimental effect is has on their credit. It’s true that a bankruptcy can stay on your credit report for up to ten years and it seriously hurts your…
Few life events are as stressful as bankruptcy. Every penny, asset, and source of income is put under the microscope for dissection. When it’s over and you finally receive your discharge or dismissal, you realize you’ve only reached the end…
Each year, more than 700,000 people in the U.S. file for bankruptcy, according to the United States Courts. Many of these people likely look at bankruptcy as a chance to erase their debt and start over. Although that’s true for…
When you have so much debt that it seems like you’ll never pay it off, bankruptcy can seem like your best or only option. What happens to your debts after you file for bankruptcy depends on the type of bankruptcy…
A-list movie stars can earn 20 times the lifetime earnings of the average bachelor’s degree holder for a single film. Top athletes can easily pull down $20 million, $30 million, $40 million, or more per year, depending on how their…
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