The word “bankruptcy” has roots from two words found in ancient Latin; “bancus” which translates to “bench,” and “ruptus,” which can be interpreted as “break” or “shattered.” In ancient times a “banker” would set-up his bench in the market area and conduct his business. When a banker failed or lost his money, the bench would
The phrase “Let’s put the fun back into dysfunctional!” has become famous over the years. It can be found on coffee mugs, bumper stickers, magnets and more. The one place it can’t be found is your finances, especially if you are going through a bankruptcy. Since the Great Recession hit a few years ago, many
Few things in life can be as embarrassing as having to admit that you need to declare bankruptcy. Maybe you associate bankruptcy with some sort of failure: be it a financial or even moral failure. However, there are many things that can lead to bankruptcy that are not your fault such as a job loss,
