Tag Archives: bankruptcy

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Looking for Alternatives to Filing Bankruptcy?

Chapter 7—the liquidation of assets—and Chapter 13—the restructuring of debts-are the most commonly filed

If you are looking for a way out of debt, you may be considering filing…

By Carrie Pink

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American Idol Files For Bankruptcy Less Than A Month After Series’ Finale

Producers unable to to replace revenue from American Idol's runaway success

The producer of “American Idol” has filed for bankruptcy less than a month after the…

By Carolyn M. Brown

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Image Maker to Celebs Like Mariah Carey Shares Tips on Protecting Wealth

Chris Chambers discusses financial pitfalls and successes

Chambers says a common thread in clients he has seen do well with money is…

By Stacey Tisdale

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Curtis “50 Cent” Jackson isn't the first celebrity to file for bankruptcy and he won't be the last. Here are some other famous faces who have gone bankrupt or officially filed bankruptcy for one reason or another.

[Photos] Celebrities Who Filed for Bankruptcy

50 Cent isn't the first and won't be the last

Curtis “50 Cent” Jackson is not the only celebrity who’s filed for bankruptcy or gone…

By BlackEnterprise.com

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What 50 Cent Can Teach Us About Bankruptcy and Taxes

What really happens when you file for bankruptcy

Rapper 50 Cent filed for bankruptcy after a jury ordered him to pay a $5…

By Stacey Tisdale

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debt

3 Common Debt Relief Options For Entrepreneurs

You may feel trapped, but there are ways out

Too much debt can lead to serious financial trouble, especially if business owners are using…

By Carolyn M. Brown

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Improve Your Credit Worthiness

How your credit score is affecting you

In some instances credit score can impact a job offer, a factor many can ill-afford…

By Denise Campbell Laidler

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Sister 2 Sister Magazine Files Bankruptcy

Publication to put a halt on print issues and focus more on its Website

Sister 2 Sister magazine files for bankruptcy and plans to focus more on its online…

By Courtney Connley

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student loan

Student Loan Relief: Bill Could Allow Bankruptcy Discharge

Borrowers might get some relief with proposed legislation

New bill calls for reducing student costs and makes it mandatory for colleges to make…

By Sheiresa Ngo

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Personal Finance Word of the Day: Meeting of Creditors

Your daily money bite

Even though it’s called a meeting of creditors, the creditors rarely attend

By Sheiresa Ngo

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The Japan-based cryptocurrency exchange filed for bankruptcy after losing $473 million in bitcoins.

Mt. Gox Goes Bankrupt, Losing Nearly 750,000 Bitcoins

The Bitcoin exchange company, Mt. Gox, has filed for bankruptcy protection but the feds are still looking into investigating its business practices

The feds are still looking into investigating its business practices

By Patrick Austin

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Detroit Bankruptcy Turns Spotlight to Business Development

Detroit Bankruptcy Turns Spotlight to Business Development

Private sector Marshall's on as city faces harsh financial realities

The City of Detroit’s filing of Chapter 9 bankruptcy may be a blessing in disguise…

By C. Daniel Baker

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Not a Joke! Comedian Sinbad Files For Bankruptcy

It's the comedian's second time doing so

It’s ‘A Different World’ for Sinbad as he is now flat broke.

By Cedric 'BIG CED' Thornton

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How Do The Rich And Famous End Up Broke?

The same way you do. Except your money troubles don't get put out on Front Street by everyone from CNN to TMZ.

It’s a familiar story: professional athletes, superstar entertainers and other famous celebrities losing their homes,…

By Alfred Edmond, Jr.

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New York Soul Food Hot Spot Files for Bankruptcy

Popular New York Soul Food Hot Spot Files for Bankruptcy

Pink Teacup saga continues as new location files for bankruptcy

When the eatery moved last year to its latest location, it did not have a…

By C. Daniel Baker

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Proposal Bans Welfare Recipients from Buying Lottery Tickets

Do you think this is fair?

North Carolina lawmakers draft legislation banning welfare recipients from playing the lottery

By Makkada B. Selah

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Gary Dourdan of CSI Files for Bankruptcy

The actor says he only has $321 a month in disposable income

The actor says he only has $321 a month in disposable income

By Makkada B. Selah

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toni-braxton

Toni Braxton Accused of Fraud

Court documents say the R&B star gave over $50,000 to avoid paying money she owes

Court documents say the R&B star gave over $50,000 to avoid paying money she owes

By Gene Demby

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Antoine Walker wants to help other athletes avoid a similar fate.

Antoine Walker: 110 Million Dollars Blown, Bankrupt

How he lost it all in 12 Years

Antoine Walker, a former All-Star and NBA Champion, recalls his rode to bankruptcy in an…

By Sasha King

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Michael Vick Has Spent $29 Million Since 2008 Bankruptcy Filing

Eagles quarterback has struggled to hold on to his money in last 4 years

Eagles quarterback has struggled to hold on to his money in last 4 years

By Sasha King

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