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Appraisals
Why is an appraisal required? An appraisal is an estimate of the value of a property. An estimate of the value of the property generally refers to its fair market value. Most lenders will not lend money without an acceptable appraisal. You can be...

FEATHERING YOUR RETIREMENT NEST
FEATHERING YOUR RETIREMENT NEST What will you look for as you approach your "golden" years? Will it be an affordable condo on the golf course with room for the grandchildren to visit? Must it be close to friends and family or new "senior"...

Four Great Reasons To Invest In Real Estate
Anyone can make money investing in real estate once they know how to maximize the four benefits that all real estate can produce. Why is Real Estate such a great investment? It's because of the flexibility of it four...

Real Estate Investors - Don't Close Your Eyes To Closing Costs.
When buying or selling real estate closing costs can come as a shock. Here's an explanation of the various expenses: Down Payment Most lenders require a down payment of from zero to 20% for a normal home purchase. Lender's Loan...

Should You Give Your Car Away?
You can give your car to charity and deduct the gross proceeds from the sale if the proceeds are for more than $500. If the claimed value of the donated motor vehicle, boat or plane exceeds $500 and the item is sold by the...

 
Celebrity Bankruptcies

What do Don Johnson, MC Hammer and Television cook Clarissa Dickson Write (Two Fat Ladies), have in common? If you guessed they have all filed for bankruptcy you would be right!

Other Celebrities who have filed bankruptcy include, Mike Tyson, Billy Joel, Susan Powter (Stop the Insanity), and Ted Nugent. Even musical groups have filed bankruptcy, two of which are The Goo Goo Dolls, and TLC.

Claiming a variety of reasons from taxes, crooked or inept financial managers, heavy drug use, to just living lavish lifestyles and spending more than they can make. Celebrities and the seemingly rich aren't immune to financial woes, their debts just look a little different than ours, or do they?

Find a good bankruptcy lawyer.


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