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Get Ready for a Wave of Commercial Bankruptcies

Your Virtual Credit Manager

After, the Great Recession of 2008, commercial bankruptcies peaked in 2009 and did not drop below pre-recession levels until 2012. Department of Justice projects a substantial increase in bankruptcy filings. Trustee Program has estimated that bankruptcy filings will double over the next three years.

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Celebrity Finance Mistakes – These Celebrities Went from $100 Million to Practically Nothing

Due

By his untimely death in 2009, he was reported to be $300 million in debt. Nicholas Cage Nicholas Cage was once one of Hollywood’s highest-paid actors, earning $40 million in 2009 alone. In 2009, he was forced to declare bankruptcy, resulting in the loss of millions of dollars.

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How to Recover From Business Credit Card Debt

Fundera

Business credit cards are essential financing tools for both new and established business owners alike. When you’re just beginning, they can be your main financing lifeline and how you build your business credit. Without careful use, though, you could spend faster than you can pay, and need to recover from business credit card debt.