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Ask Your Advocate: Can Unemployment Lead to Bankruptcy?
Written on 1 Feb, 2010 at 17:12 in Magazine | viewed 42 times | 0 Comments
I’ve been unemployed for the last six months, and I’ve spent most of my emergency savings. I’m having trouble paying my credit card and student loan. Should I file for bankruptcy?... (Continue reading)
ARMed And Dangerous? Don’t File For Bankruptcy
Just got a phone call from a couple thinking of filing Chapter 13 bankruptcy. However, their adjustable rate mortgage is about to adjust—most likely upward—within the next five to six months. They want to know how the Chapter... (Continue reading)
Consumer Advocates Fighting Against ‘Legal Loan Sharking’
Written on 19 Aug, 2009 at 11:27 in Personal Finance | viewed 1,308 times | 4 Comments
Take a walk through any predominantly black or Latino neighborhood and the signs are unavoidable: “Get Cash Now,” or “Quick Cash Here.” Turn the dial to most urban radio stations and ads touting payday loans play regularly between morning talk... (Continue reading)
Committee Weighs Options to Improve Access to Capital
Written on 28 Jul, 2009 at 11:48 in Politics | viewed 658 times | 0 Comments
A Congressional panel convened a hearing last week to explore ideas about how to improve the flow of capital to small businesses. Both Democrats and Republicans who sit on the House Committee on Small Business’ finance and tax subcommittee agree... (Continue reading)
Chrysler Wins Plea to Shutter 789 Dealerships
Written on 10 Jun, 2009 at 11:04 in Business News | viewed 618 times | 1 Comment
Fiat gained ownership of most of Chrysler L.L.C.'s assets Wednesday, a day after a bankruptcy judge approved Chrysler's plan to terminate 789 of its franchises and the U.S. Supreme Court declined to rule on objections to the sale by a... (Continue reading)
When Bankruptcy is Best
Written on 3 Jun, 2009 at 9:36 in Personal Finance | viewed 663 times | 0 Comments
Chrysler and General Motors have done what was previously unthinkable – filed for bankruptcy. Even for your small business, there may be circumstances where bankruptcy is your best option. Chapter 11 bankruptcy protection is a tool that can be used... (Continue reading)
What You Should Know Before Filing for Bankruptcy
Written on 26 Dec, 2008 at 11:10 in Credit & Debt | viewed 2,123 times | 3 Comments
It was the daily flood of phone calls that finally did it. They became so overwhelming that Sabrina Young stopped answering her phone and resolved to give out her phone number to family, friends, and a few chosen others. As... (Continue reading)
What You Should Know Before Filing For Bankruptcy
Written on 1 Dec, 2008 at 16:39 in Magazine | viewed 475 times | 0 Comments
Proceed with caution. We’ll give you the tools you need so that you can make an informed decision.... (Continue reading)
Maxine Waters Gives an Update on the Bailout
Written on 27 Sep, 2008 at 12:13 in Politics Blogs | viewed 231 times | 1 Comment
Yesterday, while walking around the Congressional Black Caucus Foundation's Annual Legislative Conference, I ran into Rep. Maxine Waters. At the time, no one really knew if the House had come to an agreement on the $700 billion bailout to safeguard... (Continue reading)
Feeling the Pinch
Written on 16 Jun, 2008 at 4:35 in Business News | viewed 211 times | 0 Comments
Encumbered with ballooning labor costs and years of recurring debt that led to a $16 million budget shortfall amid a looming recession, the cash-strapped San Francisco Bay Area suburb of Vallejo sought shelter from its financial woes via a recent... (Continue reading)
