'Rich Dad, Poor Dad' Author Files for Chapter 7 Bankruptcy
Robert Kiyosaki, author of the bestselling "Rich Dad, Poor Dad" series, has filed for Chapter 7 bankruptcy protection after losing a nearly $24 million court judgment to The Learning Annex.
Chapter 7
Too Broke to Go Bankrupt: Cost of Chapter 7 Is More Than $1,500
The cost of filing for bankruptcy has risen in recent years as a result of the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act, which aimed to reduce the number of bankruptcies by adding more requirements to the filing process.
Personal Bankruptcy Filings Fall, but Hold the Applause
In this cloudy economy, we're all constantly hunting through the news and statistics for silver linings. Here's one that looks promising: In the first nine months of 2011, personal bankruptcy filings decreased 10% compared to a year earlier -- but experts say it's nothing to cheer about.
No Job, No Stuff, No Rapture? How to Rebuild Financially
Many of those who genuinely believed Harold Camping's prediction that the Rapture would arrive Saturday are starting this week with no jobs and no belongings. DailyFinance can't address their spiritual anguish, but we can offer some advice on how they can regain their financial footing.
Blockbuster Should Liquidate Instead of Reorganize
Blockbuster should liquidate instead of reorganize under new ownership because the video-rental store chain lacks the necessary cash to continue operations after a proposed sale is completed, Home Media Magazine reported, citing a division of the U.S. Justice Department.
