Since art often emulates culture it makes sense that CBS is premiering a new show this fall called "2 Broke Girls." According to CBS.com it's a comedy about two young women who both work as waitresses at a greasy spoon diner in Brooklyn. The become friends because they also share another common bond: … [Read more...]
Study Shows Decline in Small Business Bankruptcy Filings
August 24, 2011 By Leave a Comment
A new study from Equifax shows that small business bankruptcies have declined in 2011 compared to 2010 by more than 15 percent. But this isn't all good news for the nations more than 24 million small businesses. Bankruptcies among small businesses are still 30.03 percent higher than they were before … [Read more...]
Gas Prices Forcing Americans to Cut Spending
May 26, 2011 By Leave a Comment
Americans aren't spending money on things they don't have to, according to a new study from Bankrate.com. The study found that vacations and dining out are among the things that Americans aren't spending money on. The reason? Gas prices. Of those who say they've had to change their spending habits, … [Read more...]
Protestors Blast Bank of America Foreclosures
May 13, 2011 By Leave a Comment
Some protestors came out to Bank of America's annual meeting in Charlotte this week. Outside their headquarters several people held signs and shared their foreclosure stories, according to the Associated Press. Shareholders had the chance to confront Bank of America's CEO Brian Moynihan about mortgages … [Read more...]
Do I Need Debt Consolidation?
November 4, 2010 By Leave a Comment
If you have a number of debts, you would definitely want a way out. For that matter, we are prone to committing impulsive actions just to clear our debts. You may think that the only way to do so is debt consolidation. Before going through debt consolidation process, you should ask yourself a very important … [Read more...]
Casino Planning Debt Swap
September 8, 2009 By Leave a Comment
Las Vegas casino MGM Mirage is in talks to swap up to a half a billion dollars in notes that would allow the company the space it needs to recoup on its heavy debt load. … [Read more...]
RH Donnelly Files Bankruptcy
June 11, 2009 By Leave a Comment
In one of the latest ripple effects of economic recession, publisher R.H. Donnelley Corporation, the company responsible for publication 600 directories including telephone Yellow Pages, officially filed for bankruptcy protection from creditors in order cut its outstanding debt by about $6.4 billion … [Read more...]
Know Your Mortgage Rates And Stop Unnecessary Debt
May 27, 2009 By Leave a Comment
Many people think of a mortgage as simply the amount of money you borrowed from a bank in order to purchased your home, plus the interest that accrues on that borrowed money as you pay it back over the course of a few decades. … [Read more...]
Don’t Bank On Chance To Eliminate Your Debt
March 17, 2009 By Leave a Comment
Debt isn't something that takes care of itself. That much is fairly obvious, but getting to the point that you start to eliminate it requires initiative. Unfortunately, a lot of people tend to hope that something will happen to help them out before they have to do anything on their own terms to get out … [Read more...]