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Simon, Fitzgerald, Cooke, Reed and Welch
Simon Fitzgerald, LLC
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January 2018 Archives

Reality TV stars apparently in need of debt relief

What is it about reality television shows that attracts so many viewers? Perhaps it's somewhat therapeutic to see that other people have ups and downs in life, making one's own problems feel a bit a less isolating. When it comes to financial crises, it seems even TV celebrities veer off the tracks once in a while. That's been evident on the Real Housewives of New Jersey show, where more than one cast member has discovered the need for debt relief.

The importance of checking credentials for debt relief assistance

Many Louisiana residents, like others throughout the nation, are currently wading their ways through some extremely turbulent financial waters. For some, things have merely gotten out of hand following a holiday shopping season, while others have been struggling to stay afloat for some time. There are also those whose problems arose when acute crises arose, such as urgent medical needs or sudden, unexpected job losses. Any of these situations may warrant a search for debt relief assistance although a recent situation calls to mind the importance of seeking support from valid sources.

Debt relief may be on the way for college grads

In recent years, there has been a lot of controversy surrounding loans given to college students in Louisiana and throughout the nation. Many students say lenders took advantage of them because they were supposedly qualified for loans they had absolutely no means to repay. Thousands of students have since graduated from college and face urgent need for debt relief.

Bon-Ton stores may be headed for bankruptcy

As the nation's business economy continues to fluctuate, many businesses in Louisiana and elsewhere are struggling to stay afloat. In fact, a major department store based in another state is reportedly considering bankruptcy as a means to help overcome its $1.2 billion in debt. Bon-Ton has not formally filed for bankruptcy as of this time; however, sources say it appears the company is heading in that direction.

Creditors file involuntary Chapter 7 petition

Many Louisiana readers may be familiar with one-time billionaire Robert F.X. Sillerman. As an entrepreneur, Sillerman owned various television and radio stations in the 1970s and 1980s and later became a concert and stage promoter. Sillerman founded SFX Entertainment Inc. in 2012 and is currently engaged in a legal battle with creditors who are reportedly trying to force him into Chapter 7 bankruptcy.

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