Bankruptcy can help an overburdened debtor wipe the slate clean and start over. Except for some debts, that is, which may be difficult or impossible to discharge via bankruptcy. Personal bankruptcies have declined by nearly half from a recession-inflated peak of 1.5... read more
The major overtone of a recently published Charlotte Business Journal article on banks and living wills was related to the resolutions proposed by five of the largest major banking institutions in the country. As the article provided, two of the banks in our own... read more
Recently the Charlotte Business Journal contained an article about the big banks’ failure on their own ‘living wills’. In the context of the big banks, the living wills in question are the Federal Reserve and FDIC requirements that the largest banks provide documents... read more
When people file bankruptcy, the first question they often ask is “when will I start to see a benefit from this process?” It takes a little bit of work to get to the point where you can file bankruptcy. You have to gather all your bills, list your property and account... read more
So you have your first paycheck of the new year, this year will be different right? You decided to save more, spend less and you are doing great, no morning lattes at that expensive coffee shop and of course you are packing your lunch everyday. Let’s be honest -you... read more
