Business owners in Washington may be able to avoid personal bankruptcy by structuring their company in a specific way. In many instances, executives and shareholders are not held personally responsible for business bankruptcy when a company cannot pay its debts....
Month: February 2014
Former Nickelodeon star Drake Bell seeks debt relief
One might think that a child star who earns a high salary might be financially secure for life. However, younger actors who find themselves flush with cash can still end up suffering financial hardships that require debt relief, just like those of us who are not...
Washington homeowners seek debt relief after big tax bills
As tax season approaches for Washington residents, many are expecting a hefty tax returns. Others, however, may be stuck with a nasty and unexpected tax bill because certain financial policies have expired. A tax exemption that kept many from bankruptcy expired at the...
Medical debt could be affected by transparency requirements
Medical costs can play a significant role in Washington residents' bankruptcy proceedings. With the implementation of the Affordable Care Act, many may be expecting that situation to change, but experts say that cost-transparency failures could still lead...
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