Friendly’s Ice Cream Corporation, which is known for their “Happy Ending” sundaes, is filing for bankruptcy. The ice cream parlor chain operates more than 400 restaurants where they serve not only ice cream sundaes, but also hamburgers, sandwiches, and pancakes. Friendly’s plans to close 63 of it’s under performing restaurant leaving 424 open.  A slow read more »

In 2006, the three credit bureaus (Experian, TransUnion, and Equifax) came together to find a way to create a uniform scoring method that would be easily understood. The result was the VantageScore. Many people know what their credit score is, but they do not know what kind of creditworthiness bracket it places them in. With read more »

If you have recently filed bankruptcy, and your debts have been officially discharged, it is a good idea to order a copy of your credit report to check for errors. Even if you have not filed for bankruptcy, you might want to look over your credit report if you have been denied credit to ensure read more »

If you have recently filed bankruptcy, and your debts have been officially discharged, it is a good idea to order a copy of your credit report to check for errors. Even if you have not filed for bankruptcy, you might want to look over your credit report if you have been denied credit to ensure read more »

There are many hazard associated with waiting too long to file for bankruptcy. One of the main issues is wage garnishment. Many people put off filing for bankruptcy, and find themselves in a situation where their wages are already being garnished by the time they contact a bankruptcy attorney. A creditor can obtain a court read more »

Dutch businessman Victor Muller, the owner of Saab, has filed for bankruptcy protection. The move appears to be a last ditch effort to save the Swedish Automobile company which has been paralyzed by production standstills, mounting debt, and salary issues. Currently, Swedish Automobile has unpaid bills totaling $210 million; said Muller. The Saab factory in read more »