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Tag Archives: bankruptcy protection

Successful Companies that have Declared Bankruptcy

People are often quick to assume that bankruptcy is a financial death sentence. That is why they often get confused when they hear a major company is filing for bankruptcy but see them continuing to do business. The fact is bankruptcy is not what many people think. Its purpose is to allow conscientious debtors another… Read More »

Excessive Consumer Spending Versus Economic Stimulus

Bankruptcy presents somewhat of a paradox. It is a deterrent to excessive consumer spending but can also serve as an economic stimulus. On a personal level, people understand that spending more than they earn results in financial problems. However, sometimes for a business to get off the ground, some investment risk is necessary. This is… Read More »

What is a Credit Score?

Your credit score can make or break you financially. It determines whether you can get a loan or credit card, it determines whether or not you’ll get a high or low interest rate, and it can even help you get your utilities turned on in your new home or apartment. A credit score is a… Read More »