The 20 Biggest Bankruptcies in United States History

The 20 Biggest Bankruptcies in United States History

Before they filed for bankruptcy, Lehman Brothers Holdings Inc. was the fourth-largest investment back in the United States. Unfortunately, due to their involvement in mortgage origination, the company plummeted hard during the mortgage crisis of 2008. Here is an infographic that lists the 20 largest bankruptcies in American history, including some noteworthy bankruptcies of 2017 and 2018.

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What Part of Legal Immigration Don’t You Understand?

What Part of Legal Immigration Don’t You Understand?

Opponents of illegal immigration are fond of telling foreigners to “get in line” before coming to work in America. But what does that line actually look like? And how many years (or decades) does it take to get through?  Here is a visual that looks at various scenarios and how long it can take to immigrate to the United States.

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Managing Student Loans or Discharging Them in Bankruptcy

Managing Student Loans or Discharging Them in Bankruptcy

According to Studentaid.ed.gov, the total outstanding debt on student loans as of 2018 was $1.6 trillion!!! This does not consider private student loan. About $92.02 billion of these student loans are more than 90 days late. This article looks at managing student loans or discharging them in case of bankruptcy.

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Are Taxes Dischargeable in Bankruptcy?

Are Taxes Dischargeable in Bankruptcy?

Are taxes dischargeable in bankruptcy? The answer to this question is yes and no. This is a complex overlapping area of the law and there are many nuances and exceptions. The intent of this article is only to touch on main points to provide the reader with a basic background so that he or she may consult with an attorney and be able to ask intelligent questions.

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A History of Immigration in America

A History of Immigration in America

America has a rich tradition of immigration. It is in fact a country of immigrants. It is one of the most desirous countries for immigrants to want to migrate to so that they can have an opportunity to experience the American Dream of individual rights and prosperity. The following visual represents immigrants as a percentage of the U.S. population throughout history.

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The Economic Impact of Immigration

The Economic Impact of Immigration

Immigration is a big issue in the United States as well as countries all over the world. In the United States alone, 125 out of every 1,000 people are immigrants. It is estimated that 1.5 million new immigrants, bot legal and illegal, arrive in the U.S. each year. What kind of an impact does immigration have in the U.S. and around the globe?

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Chapter 7 Bankruptcy vs Chapter 13 Bankruptcy – Which Option Is For Me?

Chapter 7 Bankruptcy vs Chapter 13 Bankruptcy – Which Option Is For Me?

Are you contemplating bankruptcy as a means to get out from your debt? You are most likely are familiar with  the terms “Chapter 7 Bankruptcy” and “Chapter 13 Bankruptcy” but do you know the main differences between the two, as well as which type of bankruptcy is best for your unique situation? Here is a chart below which compares the two types of bankruptcies, which may help you decide which one is best for you.

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