The film industry’s annual ticket sales have declined almost every year since 2002 but gross annual revenue has doubled. If fewer people are going to the movies, how is the industry avoiding bankruptcy? Allmand Law takes a look at how the film industry is avoiding bankruptcy in this infographic.
Do you ever flip to Bravo’s Real Housewives and think that these people shouldn’t be spending that kind of money in this kind of economy? Little do they know, many of these real housewives will be spending a considerable portion of their remaining wealth on a bankruptcy attorney. The following infographic from Total Bankruptcy takes a look at this scenario.
The U.S. Small Business Administration reports that approximately 45,000 businesses close their doors or file bankruptcy each month. Many of these companies were mired in debt and didn’t have a viable plan to work themselves out of it. The following infographic looks at this issue and provides small business owners solutions to get out of debt without filing bankruptcy.
How is it possible that America’s largest airlines are losing money? American Airlines filed for bankruptcy in November, joining the 20 other airlines that have filed for Chapter 11 protection in the last 10 years. Why are airlines hemorrhaging money? This infographic from Frugal Dad will explore this question.
Have your credit cards reached their limit? Do you pay only the minimum due or less on any of your credit cards each month? The infographic below explores the answers and options to these and other questions and will help one determine that if need be, should they go the rout e of debt consolidation or bankruptcy.