New Jersey readers who are in debt know how easily debt balances can accumulate, leaving an individual facing personal bankruptcy or other difficult financial decisions. While a personal bankruptcy filing can be a viable option, it may be important to understand why...
Month: June 2014
Filing for Chapter 11 had a happy ending for The Dolan Company
Many people do not have as much discretionary income to spend as they did previously, which can have a large impact on businesses. Without as many sales as usual, some companies are struggling to stay afloat, and many are closing their doors from falling into mounting...
YMCA falls into financial distress and files for Chapter 11
Many Americans do not have the funds that they once did years ago due to the economic recession. This has affected the buying power many people have, which may not allow them to spend as much on extracurricular activities or donating to causes like they may have done...
Filing personal bankruptcy may be a way to cut credit debt stress
When financial times are tight, a person may have to make the decision on what gets paid and what doesn't. Large amounts of credit card debt can seem nearly impossible to pay off. Filing for personal bankruptcy may be a way for a New Jersey resident to start over...