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Common Causes of Bankruptcy

Common Causes of Bankruptcy Minnesota saw 3,654 new bankruptcy filings over the three-month period ending in March 2013.  Out of these, only 106 were businesses; the rest were individuals.  What are some of the most common causes for these individual bankruptcy filings? 1.  Medical Bills America’s expensive and unpredictable healthcare system means that even insured...

Brendan Fraser Broke Due To Alimony?

Brendan Fraser Broke? It looks like it just might be that America’s favorite frozen caveman, Brendan Fraser, might very well be broke do to his family law situation. According to reports (and yes I’ll be the first to admit that Wetpaint.com does not have the same journalistic chops as NY Times) Mr. Fraser is trying to reduce his alimony and child support payment. Apparently he is paying over $900,000 to his ex-wife and his three sons. It’s was a ten year marriage (from 1998-2008) and if you recall, Mr. Fraser was a darling of Hollywood in the early 2000′s e ...

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