Tag Archives: bankruptcy

Former NFL star receiver Andre Rison talks about his financial difficulties in the film Broke.

Film Producer Alfred Spellman Talks ESPN Doc on ‘Broke’ Athletes

Documentary highlights the challenges of fame and fortune in sports

Filmmaker Alfred Spellman talks race, fame and power in sports— and how easy it is…

By Darren Sands

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(Image: File)

Warren Sapp Catches a Break in Bankruptcy Case

A federal judge discharged the former sack master from his bankruptcy case

A federal judge discharged the former sack master from his bankruptcy case

By Darren Sands

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No one will soon forget Terrell Owens's memorable, "Getcha popcorn ready" quote.

5 Black NFL Players That Have Gone Broke

Bad business decisions, drugs and just plain foolishness have lopped off zeros from these athletes' bank accounts

According to Sports Illustrated, 78% of NFL players are bankrupt or in financial distress just…

By Demetria Irwin

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Startup Lessons from an NFL Coach

Former Player Prepares Athletes for Success in Franchising Post-Retirement

Pro athletes get valuable financial advice on franchising from former NFL player Anthony Simmons

Former NFL player Anthony Simmons’ bi-annual Franchise & Investors Show provides pro athletes with tools…

By Branden J. Peters

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The Harsh Reality Of Single Black Women And Bankruptcy

Study shows the racial wealth gap is still alive

Study shows the racial wealth gap is still alive

By Black Enterprise

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More Black Women Going Bankrupt [Report]

Studies show that black women continue to fall short financially in comparison to their white counterparts

Studies show that black women continue to fall short financially in comparison to their white…

By Black Enterprise

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Notorious B.I.G. once rhymed, "There’s rules to this stuff. I wrote me a manual."  Though it applied to a different type of game, Christopher Wallace was on to something. Now that the 2012 NFL Draft is over, many players will need a guide to  keep them out of the gossip blogs, tabloids, and bankruptcy courts. We’ve seen so many athletes come into the NFL broke and leave in the same way. It’s a cycle we must stop. So, before these athletes get caught up, perhaps they should read The Five Draft Commandments. (What!) ---Christian Law


Left, 2012 NFL First-round draft pick Fletcher Cox of the Philadelphia Eagles (Photo by Hunter Martin/Philadelphia Eagles/Getty Images)

New Money: The Five (NFL) Draft Commandments

Rookies should heed these rules of finance and life to avoid pitfalls

With the 2012 NFL Draft complete, here are some rules of money (and life) that…

By Christian Law

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Advocacy Releases Annual Small Business Lending Report

Ask the Money Coach: How to Improve Your Finances in 2012

What money questions you should ask yourself as you head into 2012

The Money Coach Lynnette Khalfani-Cox tells you what money questions you need to ask as…

By Lynnette Khalfani-Cox

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The Truth About Bankruptcy: Why All Your Debts WON’T Go Away

What you need to know before you file

While it’s true that Chapter 7 bankruptcy can wipe out many consumer debts, such as…

By Lynnette Khalfani-Cox

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(Image: Thinkstock)

In the News: Florida Drug Tests Welfare Recipients; Fewer Americans File Bankruptcy and More

Headlines around the web

Florida governor Rick Scott forces welfare applicants to submit to drug tests as a way…

By Janel Martinez

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Braxton Family Values: Highlights of Love and Money Among Sisters

Toni Braxton and her superstar family on 'new money' and financial marital woes

Toni Braxton and her superstar family on ‘new money’ and financial marital woes

By Janell Hazelwood

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MC Hammer Talks Social Media Interests, Getting through Bankruptcy and Web Influence

Digital enthusiast uses social media to diversify and connect with new audiences

Digital enthusiast uses social media to diversify and connect with new audiences

By Janell Hazelwood

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Toni Braxton: On Bankruptcy, Beating Her Illnesses and the Braxton Family Values

The singer speaks candidly about coming back from the (financial) brink, and facing her new 'reality'

The singer speaks candidly about coming back from the (financial) brink, and facing her new…

By Kenya N. Byrd

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4 Things You Might Not Know About Credit

Think you know everything about credit? You might be surprised by these overlooked options

How much do you know about credit? Below are four things you might not be…

By Sheiresa Ngo

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Opinion: Student Loans Should NOT Be Discharged in Bankruptcy

Students in financial trouble do deserve a break. But bankruptcy is not the answer

The last thing a young person needs on their credit report coming out of college…

By Alfred Edmond, Jr.

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Opinion: All Student Loans Should Be Discharged in Bankruptcy

Students in financial trouble deserve a break.

For many of you, student loans were a necessary evil that have remained a thorn…

By Sheiresa Ngo

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4 Credit Reporting Myths and Realities

Arm yourself with the right information

If you plan to make a big purchase in the near future, it’s important to…

By Sheiresa Ngo

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6 Ways To Know When Enough Is Enough

A never-say-die mentality doesn't mean never changing your mind about what's worth fighting for

Despite the mantras of “Never give up” and “Keep fighting” that many achievers subscribe to,…

By Tamara E. Holmes

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Billions in Wealth Lost Since Foreclosure Crisis Began

African American communities to lose $193 billion by 2012

Communities of color have lost billions in wealth since the current foreclosure crisis began, according…

By Deborah Creighton Skinner

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