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June 2014 Archives

Chemist sweeps and mops floors to clear overwhelming debt

Many times, a person will try to keep credit card debts a secret from his or her spouse. However, usually one will have to eventually reveal the overwhelming debt problems to one’s family in Texas or in any other state. This is what one husband was forced to do after the family’s credit card debt had reached unmanageable levels.

Company withdraws 2 IPOs before filing Chapter 7 bankruptcy

The economy makes a difference in decisions for many businesses. For some businesses in Texas and elsewhere, making certain business moves is dependent upon strong economic conditions. One technology company found this out to be the case when it decided to reverse its decision to move forward with two separate initial public offering efforts. Now, the company, GlassHouse Technologies, has decided to file a Chapter 7 bankruptcy.

Overwhelming debt from medical bills can affect credit score

It is important to stay healthy, since a trip to the doctor or a hospital can be a significant and unforeseen financial burden. This has caused many people to be faced with overwhelming debt problems as well as decreased financial stability. However, along with looming medical bills, many people in Texas will find that medical debt can be detrimental to one’s credit score.

Trucking company files for Chapter 7 bankruptcy

Having liquidity is usually important in order for a company to maintain business operations. Without cash, many businesses in Texas and in other states may not be able to pay for the labor and supplies necessary to continue operating. This is what happened to one trucking company, which resulted in the business being forced to file for a Chapter 7 bankruptcy.

Married couple overcomes overwhelming debt

Debts from credit cards, mortgages and other types of loans are not always a person’s favorite thing to think about. This is why many people in Texas and other states decide to ignore their growing piles of debt. However, many times, a person will come to a point where he or she can no longer ignore overwhelming debt. This is what happened to one married couple when they finally decided to do something about their debt issues.


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