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Americans Paying $17.5 Billion Annually in Bank Overdraft Fees

USA Today reports that banks are making it easier for Americans to overdraw their bank accounts. The $17.5 billion Americans paid in bank overdraft fees in 2006 was up 70 percent from the $10.3 billion...

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Assessing Your Debt: When It May Be Time to Take Action

If you’re having trouble making it paycheck to paycheck or if you’re having difficulty paying your bills, it may be time to assess your debt levels objectively. Debt Test This debt test involves a...

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Bankruptcy Prevention: The Summer Job

Unless you’ve been living underground for the past year or so, you probably know that now is generally a tough time to be hunting for a job. But that doesn’t mean  you should give up without trying to...

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NY Mets Taking First Step Toward Bankruptcy?

In a statement released last week, the New York Mets (i.e. the city’s non-Yankees baseball team) announced that it was enlisting the help of a financial firm known as a “turnaround specialist and...

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