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June 2013 Archives

Brutal divorce, custody battle forces Rutherford into bankruptcy

When it comes to bankruptcy, many times the act of filing is brought on because of family troubles. One of these family issues is divorce. Going through a divorce can be very expensive, and it can leave one of the, or both, spouses in dire financial straits. Conversely, going through bankruptcy can also cause divorce, as the stress of the situation strains a couple's marriage.

Kodak's Chapter 11 bankruptcy is about to be completed

Last year came the not so surprising news that famed photography equipment producer Eastman Kodak was filing for bankruptcy. Times have changed, and the need for physical film is not there anymore. Kodak simply became a relic of an older generation -- but that didn't mean the company's debts would just go away, nor did it mean that Kodak couldn't generate some revenue.

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