- Family removed from Southwest flight over tweet about rude agent, dad says
- Michael Bloomberg thumbs FAA ban, plots course to Israel
- California bans full-contact football practices in off-season
- Thune: Downed fighter jets show more evidence of separatist capabilities
- Obama tells DNC fundraising crowd: ‘I’m not overly partisan’
- Chambliss: Downed jet ultimately goes back to Putin
- Perdue strategy: Run against Reid, Obama, Pelosi
- White House: More changes to contraception mandate coming
- ‘Operation Normandy’ set to send 3,500 volunteers to border to ‘stop an invasion’
- Netanyahu’s spokesman: Safe to fly to Israel
Topic - Kirk Burkley
"One of the classic mistakes is waiting too long to file," Mr. Burkley said. "Everyone thinks that just around the corner is the resolution to their problems, and they don't want to file. Well, if you file too late, and you've run out of options and out of cash, it's extremely difficult to reorganize. The more successful bankruptcies are the ones that are more thought out, more planned out."
Many of these double-dippers, hoping to avoid bankruptcy in the first place, wait too late to file, he said.