Bankruptcy Alternatives – The Truth About Debt Consolidation

If you’re in debt, you may find that one of your problems right now is not so much lack of information as it is too much information! There are tons of sites online offering all kinds of debt solutions. Many of them call themselves debt consolidation, but that term is used so loosely it sounds … Read more

Small Business Loan Programs- Does The New Obama Bill Help?

At the end of September, Congress gave President Obama a bill ostensibly designed to help small business loan programs and small business lending. The bill, which had been hotly contested by Republicans throughout the year, was a drastically pared down version of a proposed bill at the beginning of 2010. The real question is, does … Read more

New Alternatives in Debtor in Possession (dip) Financing

The number one worry for managers and owners of companies undergoing a chapter 11 bankruptcy restructuring is: will my business survive? Of course they do have many other worries such as meeting with creditors, creating a turnaround plan, paying employees on time and working with suppliers. One way to ensure the success of the restructuring … Read more

Mortgages into Debt

Necessity sometimes requires an individual to borrow money.  This may be due to any number of things: an accident, unexpected and serious illness, the loss of employment.  The suddenness and gravity of these situations generally places an individual under great pressure.  Often, these situations demand much from an already strained budget.  A person would often … Read more

Houses into Debt

Proper use and management of funds and assets are two practices people would do well to aim for and cultivate.  Even in economically stable times, the prudent stewardship of finances and property is both ideal and necessary.  Navigating through these financially-troubled times thus would require developing even more judicious habits.  This, however, is something many … Read more