Texas mom, 22, declares her $91K bankruptcy is ‘not as bad as it’s made out to be’ in viral TikTok. Here are the true consequences of filing

It may seem like the easiest way out of devastating debt, but the consequences of declaring bankruptcy can be severe and long-lasting.

The Marriott-Sonder meltdown is a prime example of how not to handle a crisis, 2 public relations experts say

The Marriott-Sonder fallout led to travel chaos. PR experts said the companies showed a lack of accountability and lost control of the narrative.
SCOTUSblog

Court declines to put hold on Boy Scouts bankruptcy plan

The Supreme Court on Thursday rejected a request to temporarily put on hold a bankruptcy plan for the Boy Scouts of America while a challenge to that plan continues in a federal appeals court. A group ...
CNN

Medical bills prompt more than 60 percent of U.S. bankruptcies

Bankruptcies due to medical bills increased by nearly 50 percent in a six-year period, from 46 percent in 2001 to 62 percent in 2007, and most of those who filed for bankruptcy we ...

Australian Financial Security Authority wants a fight over the future of bankruptcy and dodgy deals

The bankruptcy regulator will use its powers to prosecute people who hide assets and low-ball their creditors, and the ...
JD Supra

Fore!ward June 2023 - Make-Whole Clauses: It's All About the Enforceability Question

Make-whole clauses (also known as prepayment premiums, call premiums or call protection) are provisions in financing transactions that require the borrower to make a specified payment to the lender if ...