Is Caesars Headed For Bankruptcy?

caesars palace could be filing for bankruptcy

With 52 casinos around the globe and roughly 68,000 employees, Caesars Entertainment is one of the largest gaming companies in the world. Recently, the casino conglomerate has found itself in debt to multiple sources to the tune of nearly $24.2 billion. With many financial experts predicting that Caesars Entertainment is heading straight for bankruptcy, the [...]

Bankruptcies on the Rise Due to Medical Debts

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Health care spending in America is expected to reach a startling $4.8 trillion by 2021. That number is up from $2.6 trillion in 2012, and only $75 billion in 1970.  With medical expenses rising so rapidly in the United States, it’s no wonder that the number of Americans unable to afford health care is rising [...]

The Bright Side of Filing for Bankruptcy

"Debt" plastered on the side of a building.

Once you have reached the point where you consider filing for a bankruptcy as your best option, you may find it difficult to see the positive aspects of the situation. You find yourself in an economic hole, and have no idea how you will claw your way out so you may once again see financial [...]

When Should I File For Bankruptcy?

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Declaring bankruptcy can be an extremely harrowing experience and should not be taken lightly. While dealing with the consequences of bankruptcy can be rough, it can be even tougher admitting you require the services of a bankruptcy attorney and need help finding your financial footing. Making the decision to file for bankruptcy may seem like [...]

Getting A Credit Card After Bankruptcy

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Filing for bankruptcy can be a tough experience, but the promise of a clean financial slate can put to rest any worries that you may have made the wrong decision when deciding to file. It can be difficult determining where to pick up your life and spending habits after filing for bankruptcy and one of [...]

7 Big Businesses that have Filed for Bankruptcy

A Washington Mutual sign's lights are going out.

Many people assume that a company’s financial troubles cease once they reach a certain size, but that couldn’t be farther from the truth. Any business can find itself facing a financial burden that isn’t easily or quickly resolved. Here are a few big companies that had to file for bankruptcy to either keep their business [...]

Getting A New Car Loan After Filing For Bankruptcy

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After filing for bankruptcy, it can be tough to begin the process of moving on with your life. If your job requires a lengthy commute, it may be difficult to find an auto loan for the vehicle you so desperately need. Fortunately, there are some things that you can do to help get the funding [...]

The Truth Behind 3 Bankruptcy Misconceptions

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If you’ve hit an economic wall, deciding to file for bankruptcy comes with a lot of baggage. After you tackle the logistics of your case—hiring a lawyer, completing the paperwork and outlining your plan of action—you’re barraged with emotional consequences and doubts. Did I just do the right thing? How will this affect my life? [...]

5 Resources That Make Filing For Bankruptcy Easier

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Whether you’re facing a Chapter 7 or a Chapter 13 bankruptcy case, understanding all of the required documents, processes and legalities involved takes plenty of know-how. Once you hire a lawyer to help you navigate the legalities, you may still have a difficult time making sense of the paperwork and hidden exceptions. From self-help books [...]

Will Filing for Chapter 13 Harm My Credit Score?

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Chapter 13 bankruptcy, also known as reorganization bankruptcy, is filed by someone who wants to repay their debts over a specific period of time without liquidating their non-exempt property. In general, filing for bankruptcy will leave a mark on your credit score. Having good credit means that you’re more likely to secure loans with good [...]