Insurance companies are not immune to a bankruptcy dunning letter and should never ignore the preference demand issued by the trustee. Preference letters are sent…
Tag: bankruptcy
Introduction Feeling like you’re stuck under a pile of bad debt? Consider using the ‘snowball method’ to get out of debt fast, while minimizing the…
The leading cause of bankruptcy in the U.S. isn’t credit card debt, car loans or student loans – it’s unpaid medical bills. In his 2009…
Introduction While not all companies can return from a crisis, most can be saved with the right strategy and people working together. First, in order…
Introduction Why do some businesses fail and others thrive? According to Bloomberg, 8 out of 10 entrepreneurs who start businesses fail within the first 18 months.…
Almost 200,000 American consumers have already filed for bankruptcy in 2018. Bankruptcy is defined as a court proceeding in which a judge and court trustee examine…
Introduction It was announced earlier this month that retail giant Toys”R”Us will be closing all of its stores this year. The demise of the toy…