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Fugitive Real Estate Mogul Finally Arrested for Bankruptcy Fraud 2 Nov 2012 | 07:31 pm

By John Clark A real estate mogul from Seattle who has been on the run for 16 months after being accused of bankruptcy fraud has finally been caught by police, according to a report from The Seattle T...

Clothing Label that Outfitted Presidents Files for Bankruptcy 31 Oct 2012 | 07:25 pm

By John Clark A company that owns several iconic clothing brands, including one that has provided the wardrobes of several presidents, is filing for bankruptcy protection, according to a report from t...

Oldest Junior College in State of Texas Files for Bankruptcy Protection 24 Oct 2012 | 07:35 pm

By John Clark The oldest junior college in Texas is asking a bankruptcy court for permission to sell a “substantial” amount of its assets after filing for bankruptcy a few weeks ago, according to a re...

ESPN Documentary Features Athletes Who Have Filed for Bankruptcy 17 Oct 2012 | 08:34 pm

A new ESPN documentary plans to highlight the financial perils of millionaire athletes, who file for bankruptcy at a significantly higher rate than the rest of the population, according to The Wall St...

Total Household Debt Experiences Biggest Jump Since Early 2008 10 Oct 2012 | 08:58 pm

American households upped their borrowing in the second quarter of 2012 by the highest margin since early 2008, according to a report this week from Reuters. Economists believe the figures suggest tha...

Senate Candidate Linda McMahon Forced to Answer for Past Bankruptcy 3 Oct 2012 | 09:02 pm

Linda McMahon, a candidate for U.S. Senate in Connecticut and famous for her role with World Wrestling Entertainment, is having to answer questions about her past bankruptcy, according to a report fro...

Kodak Reshuffles Executives With an Eye Towards Life After Bankruptcy 27 Sep 2012 | 01:19 am

Eastman Kodak Co., which filed for bankruptcy a few months ago, is planning to cut some executive positions and also lay off thousands of employees, according to a report from USA Today. The bankruptc...

Consumer Debt Drops but Economy Remains in Fragile Condition 20 Sep 2012 | 12:35 am

Consumer debt continues to shrink across the country as a whole, driven mostly by a decline in home loans, but the single biggest driver of this trend is bad news for consumers, according to a report ...

Government Lawyers Press Solyndra on Details of Bankruptcy Plan 12 Sep 2012 | 08:33 pm

Lawyers representing the U.S. government have pressed Solyndra LLC for more information regarding certain tax breaks that could muddle its bankruptcy filing, according to a report from the San Francis...

Some Banks are Turning to Bankruptcy to Avoid Federal Takeovers 5 Sep 2012 | 09:03 pm

A growing number of struggling banks are choosing to file for bankruptcy in order to avoid having their assets seized by federal regulators, according to a report this week from The Wall Street Journa...

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