After many years of struggling to survive, the Sears bankruptcy is now imminent. The decline of Sears Holdings, the company that owns Sears and Kmart, isn’t a surprise because they have been heading in this direction for a long time. The company began store closures years ago for both the Sears and Kmart brands. They also filed for bankruptcy protection in Canada in …Continue Reading
Bankruptcy
Define Bankruptcy | Frequently Asked Questions
Before deciding whether to file for bankruptcy, you must be able to define bankruptcy. It is important to ensure that this is your best option. Bankruptcy filing is often done as a last resort due to the impact it has on credit scores and assets. In some cases, it's the best way to move on from debt. If you're thinking about taking a step in this direction, read on to …Continue Reading
RadioShack Bankruptcy | What We Learned
Recently, a second RadioShack bankruptcy case shocked the U.S. This raised a lot of questions about the future of brick-and-mortar stores. What caused the RadioShack bankruptcy? Bankruptcy protection laws help companies get out of debt, but did it help RadioShack in this case? RadioShack Bankruptcy | The Causes of the Downfall What Happened to RadioShack? In March of …Continue Reading
Medical Debt | Why It Needs Attention Now
As if serious injury or illness isn't bad enough, medical debt can add to your stress or suffering. In sickness or in health, being hounded by collectors for medical bills you can't pay is not something anyone wants to go through. Therefore, it's important to address medical bills right away, and communicate with your care provider when you are unable to pay or pay on …Continue Reading
Declare Bankruptcy | Frequently Asked Questions
To declare bankruptcy or not is a dilemma to some who are considering both its gains and consequences. Filing for bankruptcy is one way of getting rid of piles after piles of debt. It can also be one option for financial freedom. However, there are several important factors you may need to consider before filing one. Here are the frequently asked questions to look into if …Continue Reading
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