By declaring bankruptcy a person often affects more than just himself or herself. Sometimes it can affect other family members who have financial dealings with the person filing. So how should you handle this situation? If you’re a private person, you may not want to disclose the bankruptcy if you can avoid it. The best [...]
As more and more companies seek bankruptcy protection in this troubled economy, many pensioners are anxious to know where they stand. Recently, an auto parts supplier became the fifth in its industry to shed pension obligations. However, the government’s pension insurer has vowed to assume responsibility for the underfunded plan. This move will add about [...]
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