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Tag: bankruptcy

The Emotional Cost of Bankruptcy and Insolvency

Personal bankruptcy is not a topic that is relevant to most of us—until it is. The number of  people filing for bankruptcy over the last 20 years ranges from a low of 374,000 in 2022 to over 2,000,000 in 2005. The top reasons that cause people to declare bankruptcy...

Is Your Portfolio At Risk From State Bankruptcy?

Watch this video on YouTube Senate Majority Leader Mitch McConnell, R-Ky., recently made headlines suggesting states might be better off declaring bankruptcy rather than expecting additional bail-out money from the federal government. Apparently, McConnell made his...