It may sound stupid: getting credit cards after bankruptcy. But done right, it may be one of the smartest moves you can make for your credit.
Pre-bankruptcy counseling is mandatory - and you’ll need to clear some judicial hurdles when dealing with financial counseling.
One professor’s experience with counseling families close to bankruptcy has taught him that many come for help on getting out of debt when it’s already too late.
A foreclosure or a personal bankruptcy doesn’t happen overnight, but people often don’t see the warning signs that could stop – or at least slow down – the problem before it hits critical mass.
A University of Iowa study suggests U.S. household bankruptcy rates would have declined 25% in recent years if 1970s-era consumer credit rules were still in existence.
Friendly’s filed for Chapter 11 bankruptcy protection Wednesday and shuttered more than 60 of its locations. Here are a few of the small things we’ll miss if the chain goes away for good.
More seniors are declaring bankruptcy than ever before, and the solutions to the problem go far beyond simple fixes.
When a company like Borders files for bankruptcy, it’s the shareholders who run the risk of losing everything.






