Economic turns, popularity trends and numerous other factors can impact the financial success of businesses. In some cases, companies may do well for a considerable amount of time, but later find that their numbers are not as good as they used to be. It is not unusual for serious financial hardships to result, and companies may need Chapter 11 bankruptcy help.
Some of the steps that consumers take to reduce their debt and improve their financial situation can actually make things worse. Even moves suggested by banks and financial companies can have serious consequences for borrowers.