Billions of dollars of equity value has already been wiped out and employees are staring at worthless options. If the company were to declare bankruptcy and continue as a going concern, it would need some sort of incentive structure to keep everyone from walking out the door, especially the ta...
However, financial experts are able to measure how and when an economic recession could happen. Typically, financial experts will officially declare a recession or economic downturn whenever a nation’s general economy goes through a negative gross domestic product (GDP) rate. This change in economic...
I trust Ken but things happen and if he were to be hit by a bus, I could present this to his heirs. I may have even had the forethought to ask that it be notarized, even if I didn’t have the wherewithal to maintain a bike. Dad had told me recently that one of the tires was...
I knew, “it” was about to happen. It’s as if you are powerless to stop it. It’s like a tidal wave. No matter how much intellect, wit, wisdom or just plain old smarts you have, they are so adept at it that you can’t consider all the variables in a few moments of time....
is still available for reviewing. If there is a film you are interested in reviewing, please contact gerry.canavan@marquette.edu and let him know the name of the film and what you think you’d like to say about it. Deadlines are quite flexible. We look forward to hearing from you!
If you ever declare bankruptcy (hopefully not), you’ll find out very quickly how many assets you actually have—and how much they’re worth. Bankruptcy court will gauge absolutely every asset you have a claim to as a way to identify your net worth and wealth. For a much simpler way to...
The catalyst for brewing revolution in France was the bankruptcy of the royal treasury. By the autumn of 1788 it could no longer be ignored, and the King called for the first meeting of France’s equivalent to Britain’s Parliament, the Estates-General, in 175 years. It had not met since...
They will also help to determine the terms of the bankruptcy, this includes the length of time the individual will be bankrupt and what will happen to the assets. To some the appeal of being debt-free makes declaring yourself bankrupt can seem like an attractive option. However, this is not...
If you’ve decided to file for bankruptcy, your first step should be to consult an attorney. While it is possible to file without one, a qualified attorney is often important because bankruptcy has long-term financial and legal consequences. Your attorney can advise you on which type of bankr...
Lenders often charge off car loans that are past due by 120 to 180 days. But they can decide to charge off an account at any time if they believe the debt is uncollectible, or even if you declare bankruptcy.1 Understanding the Car Loan Charge-Off Process When you fail to make payments ...