Tag Archives for " Bankruptcy "

Ask Chuck: What Do You Do When You Hit Rock Bottom?

Ask Chuck What to do when you hit rock bottom

Dear Chuck, I have hit rock bottom with my finances. My wife and I got divorced last year and all the fallout from that forced me to file bankruptcy. As many do when they hit rock bottom, I’m trying to get back up but not sure where to start. I want to learn more about […]

Bankruptcy

The term bankruptcy comes from two Latin words and literally means “broken bench.” Under Roman law, creditors divided up the assets of a delinquent debtor, then broke the debtor’s workbench as punishment and a warning to other indebted tradesmen. Today’s laws and changes in consumer attitude toward bankruptcy have fostered a climate in which people regard bankruptcy […]

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