If you are in a personal debt crisis, one of the options you can choose to resolve it is something called bankruptcy. You have probably heard of it. It is a legal process that you can apply for if you can’t pay back your debts.What most people don’t know is that as well as applying […]
Trout Associates: Bankruptcy and its Alternatives Read More »
Do you want to know the biggest reason why businesses fail?According to this article, it’s because of poor cash flow. In fact, as stated in the linked article, 82% of businesses fail as a consequence. It makes for unnerving reading, but your business doesn’t have to become one of those statistics. With financial wisdom and
Don’t Let These Money Mistakes Cost You Your Business Read More »
Most people fear filing for bankruptcy because they think it is a bad idea. The shame, the guilt and fear associated with bankruptcy has a negative impact on the life of the affected people. In addition to this, it can also affect the borrower’s credit score. It is for this reason that you find people
Effective Ways to Avoid Bankruptcy Read More »
Being in debt (one that you can’t easily pay off) sucks, right? When you’re so deep in debt that even paying the interest is too much – this is a hellish situation.I’ve been there – I can remember the pain of feeling helpless, and that sensation in the back of my mind every time I
Debt Management Tips from Truman Advisors Read More »
For many adults, “debt” is one of the scariest words you could hear. In the United States alone, there is more than $22 trillion owed by the federal government, a staggering number that only seems to keep growing. A huge source of debt for many Americans are hospital bills, which can have a severe impact
Tips to Manage Medical Bills and Eliminate Debt Read More »
80% of Americans consider loans to be a necessity, according to the Motley Fool. From emergencies to high education costs, you cannot blame them for thinking the same. However, all loans work under the same principle – you will be spending money that you haven’t yet earned at a cost.Once most people work their way
Choosing Between Loan Repayment vs. Investment Read More »
