On this blog we have discussed the perils involved in payday and other types of short term loans. These loans are often attractive to people who are having financial difficulties because they often offer short-term solutions without the difficulties of obtaining traditional financing. These lenders often advertise that “all you need to obtain a loan”

A common theme on this blog has been that “bankruptcy can happen to anyone” and that there are a variety of factors that can lead someone down the road to serious financial problems. Among the people highlighted on this blog that have had to file bankruptcy include:

In the ongoing story regarding bankrupt bakery giant Hostess its former St. Louis factories are set to be auctioned off to pay creditors according to a story published in the St. Louis Business Journal. The facilities are located on North Broadway and East Taylor and do not yet have an asking price. They will be