The Bright Sides to Filing for Chapter 7 Bankruptcy

The Bright Sides to Filing for Chapter 7 Bankruptcy

by Kara I. Stevens   Jan 04, 2017

Nic Cober, attorney and author of CEO of My Soul, a memoir that chronicles this small businesswoman’s tumultuous personal and entrepreneurial journey through debt,... Read More

Wait, What? Roscoe’s House of Chicken and Waffles Is Bankrupt?

Wait, What? Roscoe's House of Chicken and Waffles Is Bankrupt?

by #teamEBONY   Mar 29, 2016

For 40 years, Los Angeles-based restaurant chain Roscoe's House of Chicken and Waffles has been a brand synonymous with soul food. But financial troubles may... Read More

50 Cent and Bankruptcy:
Was His Money a Mirage?

50 Cent and Bankruptcy:
Was His Money a Mirage?

by Lynnette Khalfani-Cox   Jul 20, 2015

Social media and the mainstream press have been buzzing recently about rapper 50 Cent and his Chapter 11 bankruptcy filing. If you’ve read any of... Read More

Rapper 50 Cent Files for Bankruptcy

50 Cent Files for Bankruptcy

by #teamEBONY   Jul 13, 2015

Curtis James Jackson III, the rapper better known as 50 Cent, filed for chapter 11 bankruptcy protection Monday. In court papers filed in the... Read More

The Different Degrees of Bankruptcy, Explained

The Different Degrees of Bankruptcy, Explained

by Lynnette Khalfani-Cox   Jun 19, 2014

If you’re thinking about filing for bankruptcy protection because you’re overwhelmed with bills, you need to know the difference between Chapter 7 and Chapter... Read More

Carol’s Daughter founder downplays bankruptcy report

Lisa Price Speaks

by The Grio   May 02, 2014

Lisa Price, founder of Carol's Daughter, released a statement about the company's recent bankruptcy filing.  In a statement released Wednesday, Lisa Price, the founder... Read More

Toni Braxton Accused of Illegally Transferring $50K to Husband

Toni Braxton Accused of Illegally Transferring $50K to Husband

by #teamEBONY   Oct 30, 2012

TMZ reports that Toni Braxton is in big trouble after fraudulently wiring her estranged husband more than $50,000. Musician Keri Lewis — who separated... Read More

Life After Bankruptcy: How to Rebuild Now!

Life After Bankruptcy: How to Rebuild Now!

by Lynnette Khalfani-Cox   Jun 21, 2012

Filing for bankruptcy can be one of the most stressful financial events you will ever experience. Bankruptcy may not only take its toll on... Read More

Warren Sapp Files for Bankruptcy

Warren Sapp Files for Bankruptcy

by #teamEBONY   Apr 09, 2012

Former Tampa Bay Buccaneers defensive tackle Warren Sapp is next in the long line of former athletes who’ve depleted their millions. Sapp reportedly filed... Read More

Money Woes for T.O.

Money Woes for T.O.

by #teamEBONY   Feb 28, 2012

The past couple of months have been a roller-coaster for former NFL star Terrell Owens. Coming off scoring three touchdowns Sunday night in his... Read More