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Can You Reduce Interest Rates on Your Loans?

Loans often carry with them prohibitive interest rates that can make paying them back very difficult. No matter how much is paid, it seems that the loan simply doesn’t reduce. Be it for a mortgage o...

Payless Shoes Stores Headed for Bankruptcy

Payless is now following suit with other major retailers and filing for bankruptcy, closing hundreds of stores and shifting their focus towards online sales. They are filing for Chapter 11 bankruptcy ...

Silicon Valley vs. Retail: 2 Differing Views of Bankruptcy

Today’s high tech companies and yesterday’s brick-and-mortar stores share one thing in common: bankruptcies. What they don’t share is the same outlook. Bankruptcies have been gaining positive mo...

Pros and Cons of Bankruptcy

While the term “bankruptcy” if often intimidating to many, it can be a very appropriate and clever financial move. There are different types of bankruptcy but the most common forms are Chapter 7 a...

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