If you are considering bankruptcy as an option to solve your financial struggles, you might have many questions about your assets. What do you get to keep, what do you have to repay? For example, do you need to inform the trustee in charge of your bankruptcy case...
Month: February 2015
Bankruptcy and Inheritance
If you are in the mist of filing for bankruptcy or have actually already filed and have recently come into an inheritance, you may be wondering what will happen to that money. Will you lose it? Does it need to be reported? Let’s look at what will happen in both a...
More Famous People who have filed for Bankruptcy
Legends from across the spectrum of the “rich and famous” such as athletes, movie stars, politicians and even famous businesspeople have filed for bankruptcy and lived to tell about it! Here are a few more examples of how bankruptcy does not mean the end of the...
Children’s Assets and Bankruptcy
As parents, it is our responsibility to think of the safety of our beloved children. This responsibility covers not just their physical and psychological health but the financial prosperity of our children as well. When money troubles effect the family one of the...