The Real Housewives TV series on Bravo is leading to real life bankruptcy. There have now been a total of four housewives who have declared bankruptcy. The most recent housewife to file for bankruptcy is Danielle Staub who stands to lose assets valued between $500,000 and $1 million. It’s hard to imagine how people who are well off financially end up losing it all. The truth is bankruptcy can happen to anyone, even the rich and famous. People get caught up in the excitement of having money and forget how to manage it properly. Before thinking about filing for bankruptcy,…
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So often clients are insecure about filing bankruptcy; they are concerned that their family, friends or employer will find out. I understand that bankruptcy is a difficult emotional process, and I know how important it is for people considering bankruptcy to maintain their dignity. Most people would prefer that it not be made public.
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