filing bankruptcy

Retirement and Bankruptcy

Filing bankruptcy in retirement may not be such a bad idea by Cindy Perman, CNBC.com, is a good read for today’s retired population and their families.  The article discusses the financial struggles retirees are experiencing due to poor insurance coverage, rising medical expenses, and inadequate living adjustments in Social Security, pensions, and retirement accounts. Family [...]

Why is Bankruptcy a Dirty Word?

A local news channel, KCTV 5, was interviewing a woman who had filed bankruptcy in a piece titled Bankruptcy a Blessing? The woman stated, “Bankruptcy is a dirty word. But, it saved our lives, it really did.” I was amazed that this woman was so relieved, yet refused to have her face shown during the [...]

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