A Friend Of The Family ™ For Over 15 Years
Debt Negotiation Foreclosure Defense Consumer Bankruptcy

Former Sugababes member filed bankruptcy

Posted on October 7th, 2014 No Comments

Former Sugababes member filed bankruptcy

Ex-Sugababes member Mutya Buena was ordered to file for bankruptcy after failing to settle her tax bill, Mail Online reported on September 26. Mutya Buena found commercial success in the UK with four number one hits. However, according to reports, she is now personally struggling with money problems, and so is her company “Sacred Three […]

Tagged , , | Leave a comment

Cleveland Heights votes on regulations for payday loan lenders

Posted on September 23rd, 2014 No Comments

Cleveland Heights votes on regulations for payday loan lenders

The city council in Cleveland Heights on September 2 votes on a resolution to lift a temporary ban on payday loans, and another resolution that would appeal to the state legislature to cap interest rates on these types of loans, Cleveland.com reported. According to reports the city council will request the state’s lawmakers to require […]

Tagged , , | Leave a comment

Celebrity chef burdened by overwhelming debt

Posted on September 3rd, 2014 No Comments

Celebrity chef burdened by overwhelming debt

Chef and TV personality Gordon Ramsay is more than $50 million in debt after his ventures lost millions of dollars last year, an article by Reality TV World stated on August 7. According to reports, Ramsay’s Kavalake Holdings and some of his TV shows in which he offered advice to struggling entrepreneurs lost over $10 million in 2013. […]

Tagged , , | Leave a comment

Huge numbers of Americans have debts in collections

Posted on August 21st, 2014 No Comments

Huge numbers of Americans have debts in collections

According to a study released on July 29, 35 percent of Americans have a debt in collections, a Detroit Free Press article stated. In the analysis conducted by Urban Institute, it was found that many Americans had trouble paying debts on time. People plagued by debts were concentrated primarily in the southern region of U.S. and the majority of debts were related to mortgages. […]

Tagged , , | Leave a comment

Steve Donner filed for Chapter 7 Bankruptcy

Posted on July 17th, 2014 No Comments

Steve Donner filed for Chapter 7 Bankruptcy

American sports tycoon Steve Donner and his spouse have filed for Chapter 7 bankruptcy at a federal court in Florida, the Democrat & Chronicle reported on July 3. In the bankruptcy documents filed last May, the former owner of Amerks and Knighthawks listed a debt of $9.5 million, while his assets were estimated at $17,000. Much of […]

Tagged , , | Leave a comment

Senator proposes to discharge private student loans in bankruptcy

Posted on July 1st, 2014 No Comments

Senator proposes to discharge private student loans in bankruptcy

Senate Health, Education, Labor & Pension Committee chair Senator Tom Harkin (Dem-Iowa) recently proposed to include private school loans as dischargeable debt in bankruptcy cases, the Huffington Post reported on June 25. This proposal would be part of a larger host of changes that would address college debt. Sen. Harkin, who introduced the Higher Education […]

Bankruptcy, Personal Bankruptcy , dischargeable debt, Student loans
Tagged , dischargeable debt, Student loans | Leave a comment

Americans’ credit card defaults increase

Posted on June 18th, 2014 No Comments

Americans’ credit card defaults increase

A study conducted by a credit card firm recently reported that credit card use has increased among Americans but less debt is being paid off, an article on the Voice of Russia US stated on June 11. According to CardHub.com’s forecast, by the end of 2014, at least $298.5 billion will have been defaulted by credit card holders in […]

Tagged , credit card debt, | Leave a comment

Actor Lorenzo Lamas sought bankruptcy protection

Posted on May 5th, 2014 No Comments

Actor Lorenzo Lamas sought bankruptcy protection

American actor Lorenzo Lamas, 56, recently sought bankruptcy protection after accumulating overwhelming debt, an article by the Mail Online stated on April 29. In the Chapter 7 bankruptcy case filed by the 80’s heartthrob, he had a debt of more than $322,000, the majority of which was owed in state and government taxes. Lamas, who recently finished Celebrity […]

Tagged , , | Leave a comment

Archives

  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014

Categories