A recent study revealed that an average of one in every six NFL football players file for bankruptcy, an article from Ventura County Star reported. According to the research conducted by the National Bureau of Economic Research, professional football players seek bankruptcy protection less than 12 years after retirement. In the data gathered from 1996...

People who are dealing with financial difficulties can often be confused and may likely think that their problem will never end. People in Birmingham who are struggling with their finances may want to consider filing for bankruptcy if they experience any of the following: Having debts that are already impossible to pay Maxed-out credit cards...

ABC 7 offered some tips for senior citizens who may be struggling with debts as they reach retirement age. In this situation, you may want to consider the following ways to decrease stress over your finances: Identify all expenses and create a workable budget. Look for other ways to receive additional funds; however, make sure that other public benefits...

Singer Lee Ryan of the once-famous R&B group “Blue” has sought bankruptcy protection, the 4th and last member of the group to make that decision, a May 18 article of The Guardian stated. The 31-year-old music artist was pressured to file for bankruptcy by a debt collection firm. Ryan’s former band mates Simon Webbe, Duncan James,...

Ex Baywatch actress Nicole Eggert recently sold her luxurious Los Angeles home to pay off hundreds of thousands of dollars of debt, an article of Realty Today stated on April 28. The 43-year-old who played the role of “Summer Quinn” in the 90s TV series reportedly sold her Studio City residence for $1.15 million to...

Ginuwine, a prominent R&B singer during the late ’90s and the early 2000s, may possibly file for bankruptcy, an article on Daily News stated November 10. The 44-year-old singer Ginueine, or Elgin Baylor Lumpkin, allegedly owes $1.25 million to Robert Reives from the five albums he worked on as executive producer. Ginuwine’s financial trouble was...

The ex-singer for the English girl band “Sugababes,” Mutya Buena, recently declared bankruptcy due to an unsettled tax bill, an article on Mail Online stated September 26. Documents forwarded to Companies House revealed that Buena, 29, had overwhelming personal and business debt. Though the singer is blaming an “administrative error” as the main cause of...

Ex-Westlife member Shane Filan expressed relief after moving on from bankruptcy and is currently writing a book regarding his financial struggle, an article on Irish Mirror reported on September 4. According to reports, the 35-year-old singer/songwriter of the popular Irish boy band filed for bankruptcy two years ago after millions worth of his real estate...

Former owner of the Amerks and Knighthawks, Steve Donner filed for bankruptcy in Florida, the Democrat & Chronicle stated on July 3. The 57-year-old sports mogul and his wife reportedly filed for Chapter 7 bankruptcy last May. Donner, who had an outstanding debt of $9.5 million, listed his two vehicles as his remaining assets of...

In legislation recently proposed by a senator, students who took out private loans may have them discharged in bankruptcy cases, an article by the Huffington Post stated on June 25. In the Higher Education Affordability Act introduced by Senator Tom Harkin (D-Iowa), the option was proposed for struggling borrowers of private student loans to have their debts discharged...

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