November 2015 Archives

Reality TV housewife filed for bankruptcy

Minnesota reality TV fans might be interested in knowing the latest cast member from Bravo's "Real Housewives" franchise to have filed for bankruptcy at some point. As one of several women starring in the show "Real Housewives of Potomac", 36-year-old Robyn Dixon was once married to former NBA player Juan Dixon and is known to have filed for Chapter 7 bankruptcy in September 2013.

When bankruptcy makes sense

Many Minnesota consumers who are struggling with financial obligations think of bankruptcy as the option of last resort, and often for good reason. Filing for bankruptcy will damage their credit, as a Chapter 7 bankruptcy will stay on their credit reports for 10 years. Still, in some cases, bankruptcy is the correct choice for people.

Political consultant may have hidden assets in bankruptcy

A Minnesota political consultant has had his bankruptcy process put on hold while the possibility that he has hidden assets is investigated following a phone call to his bankruptcy trustee from a neighbor. The man has more than $1 million in debt, and a large portion of it is the result of civil suits with neighbors.

Ronda Rousey's coach files for bankruptcy

Mixed martial arts fans in Pennsylvania may be interested to learn that the man who coaches champion UFC fighter Ronda Rousey has filed for bankruptcy. Edmond Tarverdyan, who has been Rousey's coach since she entered the UFC, filed for Chapter 7 bankruptcy in Los Angeles on July 29. In the filing, Tarverdyan claimed that he had no income and was more than $700,000 in debt.

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