Latest Posts
Home > Tag Archives: business failure

Tag Archives: business failure

I Want to Avoid Bankruptcy for Fear of a Background Check? – Monse

Ready to Collapse

My business failed after 17 years. I Will not bore you with the details. This was my family main source of income. I guaranteed all business loans for the business including two SBA loans. I have just received a Summons from AMEX for one of the accounts, expecting several others to follow, as I am unable to make payments (any) ... Read More »

    My Business Failed, I’m Selling Everything on eBay, I’m Maxed Out and Scared. – Lori

    Benefits.gov

    “Dear Steve, I had a small store for about 25 years, and a much larger corporate owned store selling the same items opened up 2 blocks away. I hung in as long as I could, but eventually closed up, getting nothing for it, and starting my credit card debt at $12,000. I was almost 50 at the time, and having ... Read More »

      I Don’t Even Know Where to Start. – Candice

      t-intersection

      “Dear Steve, I really thank you for your help in advance. I don’t even know where to start. Like many who write, we are at the end of the road financially. Married and over $80,000 in credit card debt, we can’t keep up. I’m not even sure what’s the exact total as I stopped checking. About half of that is ... Read More »

        I Own an Internet Cafe in the Philippines and Can’t Pay My Bills. – Noname

        Ready to Collapse

        Noname “Dear Steve, I live in the Philippines. I have an internet cafe shop business for 3 years now. It is still not in its full operational capacity. I have been getting loans and have accumulated 1million 500 thousand pesos equivalent roughly to $30,000. I want to get out of this situation. Selling the business won’t even pay half of ... Read More »

          Mehdi is Looking For Credit Card Debt Help to Help Pay Debt

          Ready to Collapse

          Mehdi “Dear Steve, I’m about $90,000 in credit card debt and can’t afford to pay them. I’m willing to pay what I can but the economy has really hurt my business. What can I do to lower my monthly payments significantly? Mehdi”   Dear Mehdi, Sadly the reality is that you just simply might not be able to afford to ... Read More »

            Chapter 11 Bankruptcy Irony – TVI Corp

            tvicorp

            In what struck me as a moment of irony, I read this morning about TVI Corporation, a Maryland based manufacturer of disaster shelters and other protective equipment, that has filed for Chapter 11 bankruptcy protection. It seems that while they manufacturer many types of disaster shelters, they didn’t have one to protect them from financial disaster. In an effort to ... Read More »

              Get My FREE Get Out of Debt Guy Newsletter

              It is the smart thing to do.

              I promise to keep your email safe and secure.

              Close

              I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

              You can unsubscribe at any time with just one click.

              After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


              • It will keep you posted on the latest scams.
              • You will be alerted to the latest articles.
              • You will wind up smarter than everyone else dealing with debt.