Tag : retirement bankruptcy

I’m so tired of hearing that “bankruptcy is failure.”  It’s simply not true, and yes, I am biased.  However, I have seen bankruptcy success stories, like Dave Ramsey, Walt Disney, J.C. Penny, darn near every football player ever, and more are listed in this article. If bankruptcy works for successful business folks, then why are […]

It seems pretty harmless at first.  The first several years, even decades go by as you begin to build a retirement savings.  You feel proud that you are on your way to retirement.  What an accomplishment that would be; to have enough money to retire one day.  Then, life happens and the kids need to […]

No one wants to file for bankruptcy.  I know it and so do you.  I read the scathing comments about good people who struggle with debt and their perceived “moral” obligation to repay their debts.  I also enjoy watching Jimmy Fallon (@jimmyfallon) and his humorous Pros and Cons segement each week.  So, here are my […]

There is a growing need for those entering their ‘golden years’ to face the reality of a fixed income that once looked like a hefty savings plan, plus Social Security is now Social Security alone; if you’re lucky.  The stock market plummet has cut many Baby Boomer’s nest eggs by as much as 50% with […]