4 Infamous Celebrity Bankruptcies

4 Infamous Celebrity Bankruptcies

Even the best of us have financial issues during our lives. Celebrity bankruptcies teach us that no matter how much we earn, we should always be careful how we spend our money.  They also show us that although filing for bankruptcy can be painful, life goes on....
Alternatives to Bankruptcy

Alternatives to Bankruptcy

At some point in our lives, many of us will find ourselves in debt. We may be constantly harassed by creditors, unable to improve our credit score, and in danger of losing our remaining assets. With looser federal restrictions on bankruptcy during the COVID-19...
Benefits of an LLC

Benefits of an LLC

What are the benefits of having an LLC? As the name suggests, one major benefit of a limited liability company is the protection from liability that is available to managers or members of the company. See Bus. Orgs. Code § 101.114. Members are the persons who were...
Debts NOT Covered by Bankruptcy

Debts NOT Covered by Bankruptcy

The United States Bankruptcy Code generally seeks to provide debtors with a “fresh start” and “a new opportunity in life with a clear field for future effort, unhampered by the pressure and discouragement of pre-existing debt.” See Alibatya v. New York Univ. (In re...