As a last resort, many people file for bankruptcy when they are faced with overwhelming debt. In fact, 486,613 people filed for bankruptcy in 2024 — up 16.2% from the previous year. In addition to 464 ...

Back from the edge: Edgemere reaches higher occupancy rates after filing for bankruptcy in 2022.

Going broke before you die is a big concern among many older folks. Nearly two-thirds of Americans are worried they’ll run out of money before they run out of breath, according to a recent Allianz ...

for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand. ERICKSON RETIREMENT BANKRUPTCY NEWS tracks the restructuring of Erickson Retirement Communities LLC. How ...

Generally speaking, retirement accounts are afforded a great deal of protection. If you file bankruptcy, creditors cannot go after your retirement savings. This includes individual retirement accounts ...

In another blow to former Santa Barbara News-Press employees, the bankruptcy trustee is terminating the company’s 401(k) retirement plan and will pay the fees out of their accounts. When Ampersand ...

The rapid collapse of cryptocurrency exchange FTX has some in the retirement industry second-guessing a recent push toward including cryptocurrency in 401(k)s and other defined contribution retirement ...

On a recent episode of NerdWallet’s Smart Money Podcast, Budget Rehab: How to Stop Paying Only Interest and Make Real ...

SpiriTrust Lutheran, a York County-based senior living company, has filed for Chapter 11 bankruptcy. The company operates six facilities across three Pennsylvania counties, serving approximately 6,400 ...

Americans are facing a troubling convergence of financial pressures as 2026 unfolds. Credit card debt has reached a staggering total of $1.23 trillion, while bankruptcy filings are problematic. At the ...