by Haines Meyer | Feb 17, 2016 | Bankruptcy, Celebrity Bankruptcy, Chapter 11 Bankruptcy
Not all that long ago everyone was blogging about rapper 50 Cent’s bankruptcy. We all used terms like “broke” and “bankrupt,” implying that he was dirt poor. But that’s fair, because you have to be completely out of money in order to file for bankruptcy, right? Not...
by Haines Meyer | Jan 20, 2016 | Bankruptcy, Credit
In Part 1, we learned about the common complaint that if you could afford the fees to file for bankruptcy, you wouldn’t need bankruptcy in the first place. We also saw how this is entirely wrong. In Part 2 we will see how there actually is some validity to this...
by Haines Meyer | Jan 17, 2016 | Bankruptcy
We hear this statement from clients all of the time; “If I had the money to pay for bankruptcy, I wouldn’t need to file in the first place!” Let’s see if this is actually a true statement. Considering how many people file for bankruptcy every year, they are either...
by Haines Meyer | Jan 11, 2016 | Bankruptcy, Chapter 7 Bankruptcy
Take a drive sometime through an expensive neighborhood and you are likely to see landscapers hard at work. Those topiaries don’t trim themselves after all. And you don’t think that successful anesthesiologist, or the guy who owns a chain of dry cleaners is going to...
by Haines Meyer | Jan 5, 2016 | Bankruptcy, Celebrity Bankruptcy, Chapter 7 Bankruptcy
With a seemingly never-ending stream of former NFL players filing for bankruptcy, we could probably make this a weekly feature titled, “The NFL Bankruptcy Files.” “This Week’s Contestant Is… Clinton Portis!” We all know that being a running back is one of the more...
