Many readers in Kentucky may have heard about the legal proceedings and fraud case facing a family who were popular figures on the show The Real Housewives of New Jersey. Joe and Teresa Guidice seemed to have everything going for them – looks, money and celebrity. However, both were convicted of fraud when it was discovered that they had hidden assets when they disclosed their finances duringpersonal bankruptcy proceedings.
When most people imagine the lifestyle of a sports star, they generally picture a comfortable or even luxurious existence. However, recent articles and documentaries that feature talented college and professional athletes tell another story. Many leave their venerated standing in the sports world and discover that the money and notoriety they obtained dwindles quickly after they retire or move on from playing sports. A recent article describes the story behind former University of Kentucky basketball star Richie Farmer's recent decision to seek Chapter 7 bankruptcy.
Sometimes, despite a business owner's best efforts, a small business ends up experiencing significant financial/debt problems. There are many different debt relief mechanisms a small business may have as options to try to address such struggles. This can include pursuing bankruptcy.
Among the things a medical emergency can leave a person facing are significant bills. As a note, the bills a person gets for medical care received at a medical facility are not the only bills a medical emergency can create for a person. For example, individuals who have experienced medical emergencies sometimes also receive bills regarding their transportation to a medical facility.