The slowing economy and ever climbing debt load has overtaken Mervyns Department Store.  On July 29, 2008 Mervyns has filed for Chapter 11 Bankruptcy Relief in the District of Delaware.  In an effort to assist Mervyns with the restructuring of its debt, Wachovia pledged $465 million.
Debt is everywhere and no one and no company is [...]

The current National Debt is over 9 trillion dollars. There is only so much debt an individual can take on and so it is true with a country.
I personally believe that our country is in for a long hard stretch. Although it may not be as tough as the last depression , I [...]

A recent article in the Wall Street Journal demonstrated what has been going on in Sin City, Las Vegas, Nevada. As the saying goes, “What happens in Vegas Stays in Vegas”, unless it is financial news.
It seems the Summer slow-down began in April, and it has been getting worse. This news is not [...]

Time to replace that gas guzzler.  With fuel prices at all time highs and predictions that they will go higher, many are thinking about buying a newer, more fuel efficient car.  Car sales are down, so this must be a good time to buy a new car, right?  Wrong.
Here are the common mistakes many make [...]

I was looking for the address of Domino’s Pizza Inc., so I could send them notice that my client was filing bankruptcy on a dishonored check. Domino’s is all over the internet and television with ads for pizza and ways to order online. But nowhere do they tell you their address.
So I pulled [...]