July 2013 Archives

Hostess bankruptcy teaches lessons to Minnesota business owners

When consumers heard of Hostess Brands bankruptcy filing, many could not believe it. Many were shocked to hear the maker and distributor of such popular products as Twinkie and Ding-Dongs was going out of business.

Foreclosure rate declines in Minnesota, but some still struggle

The overall foreclosure rate in Minnesota has declined. This decline was also not just seen in some small pockets of the state, but was rather spread across all regions of Minnesota. However, while this is certainly good news, one does not want to take this as a false sense of security or start to think that no one is still struggling.

Widow of philanthropist lists files for Chapter 7 bankruptcy

Whenever a seemingly wealthy individual files for bankruptcy in Minnesota, many are often shocked. The thought is typically that once someone becomes wealthy, money will never again be an issue. However, this is not always true and there are plenty of people who struggle to keep up with their expenses after becoming wealthy.

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