Tag : employer bankruptcy

120. Are You Drowning in Debt From High-Interest Car Loans?

Are you having trouble paying your bills due to a high-interest car loan? You are not alone. In fact, auto loans make up $1.30 trillion of the total household debt. There are very high interest rate loans out there, some as long as 7 year loans. Moreover, about 33% of the people are behind on […]

117. My Employer Filed Bankruptcy: Is My Paycheck Protected?

Do you work for a company that has filed for bankruptcy? If so, you may be concerned about what happens next. First, you need to find out is under which chapter your company filed bankruptcy. This will influence you in different ways: Chapter 7 In a Chapter 7 Bankruptcy, the company will sell off assets […]

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