The restaurant business can be incredibly challenging. Changing tastes and trends can leave a restaurant or even an entire chain suddenly in dire financial straits, even when entrepreneurs identify the right combination of location, menu choices, suppliers, branding...




Month: August 2018
What is repossession and what can you do to stop it?
Facing overwhelming debt can have many negative consequences for your life. In addition to phone calls from creditors, letters and other types of contact from debt collectors, you may also face the threat of losing your personal vehicle to repossession. If this is...
Senior citizens increasingly filing for Chapter 7 bankruptcy
Tyler residents aged 65 and older who are struggling financially are not alone. Data show that more senior citizens are seeking debt relief by filing for bankruptcy than ever before. The reasons for this, according to a recent study, go deeper than just the fact of an...
How Chapter 13 can help someone with a lingering car debt
One of the things Tyler, Texas, residents frequently are willing to take out a loan on is a new or gently used car. After all, relatively few families are blessed with having the thousands of dollars in savings that it takes to purchase a vehicle when they need one,...
As shopping malls struggle, Brookstone files for Chapter 11
Tyler residents are likely familiar with the sight of a Brookstone store in a shopping mall or airport. The company started over 50 years ago as a mail-order business selling rare tools and other devices, opening its first physical storefront in the early 1970's. It...
Understanding auto loans and how to stop repossession
Owning a car is a necessity for most Tyler residents these days. It's not unusual for families to need more than one car, when parents need to drive to work, take the kids to schools and activities, and run errands at nights and on the weekends. With those cars...