Bankruptcy Explained

BANKRUPTCY EXPLAINED Whenever the economy suffers, the word bankruptcy gets tossed around. Anyone can experience trouble with finances including celebrities, athletes, politicians, business leaders and other prominent public figures. Every day on the news we hear reports of people (famous or not) dealing with financial problems stemming from divorce, medical conditions, mortgage foreclosure, credit problems, and lawsuits. This article will attempt to explain the bankruptcy process. There are many chapters of bankruptcy protection that can be filed such as chapter … Continued