July 13, 2017 marked a sad day in the wedding business, as Alfred Angelo Bridal, one of the world’s largest manufacturers and retailers of wedding dressed filed for Chapter 7 bankruptcy liquidation and immediately closed all of its stores. The Florida based company included a national chain of 60 of its own stores and 1,400  … Read more

A Springfield Illinois Man, Mark A. McFarland, 58, plead guilty in February of this year to two counts of bankruptcy fraud in U.S. District Court in East St. Louis. Mr. McFarland, who has filed bankruptcy 10 times over the period of just five years learned his fate this week (of which 9 were dismissed due  … Read more

The Tannery is a well-known Boston shoe retail store that has been in business for over 43 years. Unfortunately for shoe lovers in Massachusetts, the owners of the The Tannery and The Tannery Outlet filed for Chapter 7 bankruptcy in the last week of June. This is a big blow to the iconic store that  … Read more

Education Secretary Betsy DeVos was in the hot seat this week, testifying on Capitol Hill before the Senate Appropriations Committee. The hearing was called to discuss the law suit brought by the attorney generals of 18 states and Washington DC over the halting of Borrower Defense Rules last month. So why are so many states  … Read more

The long and painful demise of RadioShack has gained much media coverage over the past few years. This downward spiral began in 2015 when RadioShack filed for bankruptcy to reorganize the company’s debt, which included co-branding nearly 1,400 stores with Sprint. RadioShack executives were highly optimistic that the partnership would be beneficial and put the  … Read more

It’s that time of year when the days begin to get longer and the sun shines hotter. Spring Break is a fun time for families at it signals the school year is wrapping up. Soon summer will be here! Here are some Dallas Fort Worth Spring Break Fun activities.  These are listed in order of  … Read more

Donating to charity is always a positive thing. A separate benefit is a deduction on your tax liability total. As tax filing deadline approaches you may be considering making a donation this year. Unfortunately, not all charities put donation funds to the best use. Some even use most of it for company profit over actually  … Read more

You may think that being rich makes you immune to debt. That is simply not true. History has a record of many rich people, including celebrities, that have found themselves over the head in debt. Just a few years ago, rapper Curtis Jackson III known better as 50 cent found himself in millions of dollars  … Read more

 It’s not uncommon for businesses who file bankruptcy to fall back into it again. That’s precisely what has happened to the Los Angeles based clothing manufacturer, designer and distributor as they file Chapter 11 bankruptcy for a second time. This marks the second time that American Apparel has filed for Chapter 11 within just one  … Read more

As the total amount of student loan debt continues to rise to unprecedented heights, many individuals have stepped forward with different ideas on how to fix the problem and reign in the debt. While the Obama administration did take steps towards loan forgiveness, the requirements are very narrow and have not appeared to lower the  … Read more