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Secured and Unsecured Debt in Bankruptcy

Secured and Unsecured Debt in Bankruptcy

One of the first things that will need to be established when you file for bankruptcy is your secured debt and your unsecured debt. We will review the differences between the two below. Secured and Un...
Celebrity Bankruptcy

Celebrity Bankruptcy

Bankruptcy is not uncommon among Hollywood. In fact, it happens more often than you would think. Just take a look at this list of celebrity bankruptcies. Celebrity Bankruptcy 50 Cent. Last year, rappe...
Money from Friends and Family During Bankruptcy

Money from Friends and Family During Bankruptcy

Bankruptcy carries with it a number of restrictions that you’ll want to be aware of. One such restriction is borrowing or receiving cash gifts from friends and family. Read on to learn more abou...
50 Cent Buys Home After Bankruptcy

50 Cent Buys Home After Bankruptcy

Rapper 50 Cent filed a Chapter 11 bankruptcy last July, but this past weekend he took to Instagram to show off video of his new house in Africa. 50 Cent Files for Bankruptcy 50 Cent, whose real name ...
A Lesson from RoomStores Bankruptcy

A Lesson from RoomStores Bankruptcy

Late last December, longtime Phoenix retailer, the RoomStore furniture chain, filed for Chapter 11 business bankruptcy. With it, came a lesson for all retail stores that are still struggling in the...
The Arizona Bankruptcy Means Test

The Arizona Bankruptcy Means Test

To qualify for a Chapter 7 bankruptcy in Arizona you will need to take the Arizona Means Test, during which your income is compared to the median income for a household of your size. Means Test The m...
Does Bankruptcy Stop Foreclosure?

Does Bankruptcy Stop Foreclosure?

There are many reasons for why people lose their homes to foreclosure: loss of income due to job loss or illness, or financial downturn. If you are facing losing your home to foreclosure, you need to ...
What Type of Bankruptcy Should You File For?

What Type of Bankruptcy Should You File For?

If you’re facing large amounts of debt, and are considering bankruptcy, you’ll want to have an understanding of the types of bankruptcy available to you. What Type of Bankruptcy Should You...
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