Posts Tagged ‘bankrupt’
Tisha and Duane Martin $15 million in debt and only have $200 in cash
Tisha and Duane Martin are looking to press the reset button after falling $15 million in debt. According to documents filed in U.S. Bankruptcy Court in California, the couple has filed for Chapter 7 bankruptcy. The document reveals how the Martins were living above their means. Together, they earned over $7,600 per month, but they…
Read MoreDetroit cuts off water to poor families, United Nations intervenes
There are certain basics needs to life. One of these basics is access to clean drinking water. Even the United Nations agrees to this concept and has passed numerous international agreements and understanding about access to water. So it comes as a shock to many that a major American city is violating these precepts. The…
Read MoreDetroit to cut off water to poor
By now, most of the world knows the once thriving city of Detroit is bankrupt. City officials have cut staff, pensions and now it seems they want to cut off water to the poor. The city announced in March that it was owed over $118 million in unpaid water debt. In response, the city…
Read MoreAmerican cities that filed for bankruptcy
Once the unassailable epicenter of American auto manufacturing as well as the birthplace of one of the most successful music labels of all time — Motown — the city of Detroit has just made history that will this time go down infamy: they became the largest municipality in U.S. history to file for bankruptcy. Detroit,…
Read More‘Rich Dad Poor Dad’ Broke?
‘Rich Dad, Poor Dad’ Author Files Bankruptcy If you’re guilty of being seduced by the bestselling Rich Dad Poor Dad concept, don’t feel bad. There are — this writer will bet on it — thousands of other impressionable Americans in your shoes who have yet to figure out these recommended money-making strategies, which include buying real estate with no money down. Robert Kiyosaki’s company, Rich…
Read MoreOctomom Files for Bankruptcy
Stevie Wonder could have seen this coming. The Octomom has officially filed for bankruptcy, the media reports. Nadya Suleman filed forChapter 7 today in federal court in California, just a month after filing for welfare benefits. This means that the woman famous for birthing so many children has exhausted all of her assets and resources to…
Read MoreRapper Young Buck Bankrupt: To Sell Assets on May 14
Robin Mitchell Joyce, Buck’s attorney, blames 50′s G-Unit for his financial problems.
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