Dealing with debt after death

When someone dies, his or her survivors might not initially consider that person’s outstanding debts. Nevertheless, this kind of debt does not disappear when a death occurs, and it counts against the decedent’s estate. Usually, it is required for whoever...

Cupcake chain files for Chapter 7

Cupcake maker Crumbs said on July 7 that it will cease operations and file for Chapter 7 bankruptcy. The action will allow the company, which rode the wave of the popularity of cupcakes and had competition in Arkansas and around the country, to liquidate its assets...