Claire’s Files for Bankruptcy
Submitted by the Bond & Botes Law Offices - Tuesday, March 27, 2018
For my generation, no middle school trip to the mall was complete without a visit to Claire’s to pick up some jewelry, gifts, or maybe even get your ears pierced. In fact, Claire’s says it has pierced more than 100 million ears around the world! Last week, the company became the last retailer to file for Chapter 11 bankruptcy.
Bankruptcy “Demolition” Impacts Iconic Chicago Radio Station
Submitted by the Bond & Botes Law Offices - Monday, March 26, 2018
If you grew up in Chicago or in the Chicago Suburbs in the late 70s and early 80s, chances are good that you will recognize this iconic symbol:
The Retirement Outlook for Americans: 42% May Retire Broke
Submitted by the Bond & Botes Law Offices - Friday, March 23, 2018
New statistics reveal that the retirement outlook is not so great for almost half of Americans. According to a recent CNBC news article (citing a report from GoBankingRates), around 42% of Americans have less than $10,000 saved for retirement.
Only 26 Days to File Your Taxes: Red Flags the IRS Looks for During Tax Season
Submitted by the Bond & Botes Law Offices - Thursday, March 22, 2018
The tax deadline this year is April 17, 2018. Filing your taxes can be complicated, but simple mistakes can lead to an audit by the Internal Revenue Service. The IRS may randomly select a taxpayer’s return and compare the return to other similar returns to check for anything out of the ordinary.
More Financial Trouble for Gibson Guitars
Submitted by the Bond & Botes Law Offices - Thursday, March 22, 2018
Last month, we wrote about Nashville, Tennessee based Gibson Guitar’s financial troubles and the possibility of them filing for bankruptcy. Well, it appears that more troubles are brewing. Bloomberg reported that
Credit Card Debt Remains a Problem for U.S. Consumers
Submitted by the Bond & Botes Law Offices - Wednesday, March 21, 2018
According to the Federal Deposit Insurance Corporation, the level of debt for consumers who are behind on their credit cards increased in the fourth quarter of 2017 by $11.9 billion. That’s an increase of 11 ½ percent.
What Is God's View on Money and Debt?
Submitted by the Bond & Botes Law Offices - Tuesday, March 20, 2018
My wife shared with me recently a chapter from the women’s bible study she is doing on Wednesday night at our church, Westwood Baptist Church in Alabaster, AL.
Filing Chapter 13 in Alabama from Start to Finish
Submitted by the Bond & Botes Law Offices - Monday, March 19, 2018
When you decide that you need help with your finances, one of the choices you may make is to meet with a bankruptcy attorney to discuss your options. One option is known as chapter 13 and you sometimes hear people call this option the debt consolidation option because it works very similar as if you consolidated your debts. Last year, one of my colleagues outlined the
Student Loan Debt & Economic Growth
Submitted by the Bond & Botes Law Offices - Thursday, March 15, 2018
A recent CNBC article discusses the ongoing issue of ballooning student loan debt. The new Federal Reserve Chairman, Jerome Powell, said this week that he believes the student loan debt could slow down economi
Security Clearance Issues Constantly in the News
Submitted by the Bond & Botes Law Offices - Friday, March 9, 2018
For all of the many years that I have been practicing in this area of law, I have never seen a consistent and recurrent news theme where security clearance issues and problems continue to be predominate in the daily news cycle. In fact, what prompted me to write this blog post is the recent news article, titled "Dozens