Utah Bankruptcy

How does an economy recoup from multiple filed bankruptcies? It's no secret that bankruptcy has become an increasingly common event in the last several years. However, the sheer number of bankruptcy cases doesn't necessarily equate to a…

What would happen if the UK went bankrupt? Imagine you wake up one morning to find that Britain has declared bankruptcy. The pound has been dropped as a currency and the country is no longer able to pay its debts. The financial system is…

Why do airlines go bankrupt so frequently? Airline bankruptcy Airline bankruptcies happen so often that it's a wonder people still fly. Yet the industry is still thriving, and those of us who have no other choice but to fly, keep…

If a ledger goes bankrupt, what happens to the funds in my wallet? A ledger going bankrupt The good news is that most people don't need to know an awful lot about the ins and outs of accounting to be able to use their wallets…

If a bank files for bankruptcy, then from where do I get my PPF money? If a bank files for bankruptcy, you can still get your PPF money. You might be wondering where to get your money if a bank files for bankruptcy. The best way to…

What companies went bankrupt in 2012? In 2012, there were a number of major business failures that led to the loss of thousands of jobs. Here is a list with brief descriptions of companies that declared bankruptcy, along with the number…

Can bankruptcy open a safety deposit box? If you're ever in the position of considering bankruptcy, you may be at risk of losing access to your safety deposit box. A safety deposit box is a secure place where you can keep your valuables…

Can a famous celebrity be driven bankrupt by his management team? Forbes Magazine recently published an article about the ways that bad financial management has caused some stars to lose their fortune and become bankrupt. For example,…

Exchange-traded fund It's a common concern that people have about exchange-traded funds (ETFs): what happens to the fund if its issuer goes bankrupt? It's not a stretch to imagine a situation where the fund does well, starts drawing in…

The difference between liquidation, closing down and declaring bankruptcy Liquidation, closing down, and declaring bankruptcy is all business concepts that inspire dread. But there is a difference among them—a difference that could mean…