A large power company called Energy Future Holdings has filed for bankruptcy. The business bankruptcy filing comes seven years after the energy company went through a leveraged buyout, which left it laden with debt. The buyout happened before the natural gas boom in...
Month: April 2014
Personal bankruptcy may help university grad with extensive debt
Going to college can feel like a rite of passage into a better-quality life for a person in New Jersey. However, many recent college graduates have not experienced the benefits of their degrees, as they are struggling to find work while simultaneously paying back...
Heartbleed virus threatens those considering personal bankruptcy
Many New Jersey residents have heard of the Heartbleed Virus and the need to change their passwords, but they might not realize what it is all about, how it works and why it is so dangerous. The fact is, the Heartbleed Virus could be putting many individuals' credit...
2 TV stars suffer complications in personal bankruptcy filing
New Jersey residents who are struggling to pay their bills while making modest salaries may be surprised every time they hear that a TV or movie star is experiencing debt troubles. The fact is, however, that anyone can find themselves in a debt bind that requires...
Brookstone files for Chapter 11 after recession hit
Business bankruptcy proceedings can be utilized by New Jersey companies to get back on sound financial footing following difficult financial times. In fact, one well-known corporation, Brookstone, has announced that it is trying to do just that after filing for...