Los Angeles Dodgers have filed for Chapter 11 bankruptcy in an effort to buy some time to complete a television-rights deal and ward off creditors.
The Dodgers listed assets between $500 million and $1 billion and debt of as much as $500 million (although...
Have you recently checked your credit report
and discovered a debt you thought you had paid or are continuing to pay is
labelled "charged off"?
Nothing may be more frustrating, especially when you have
paid the debt.
I had a car loan...
Sorry, economy, it doesn't look like your recovery is
going to hold.
I don't think anyone will be shocked by me saying that
unless consumers start spending again, the economy does not stand a chance.
And, the only way we're going to...
Medical bills have long been considered a leading cause of
bankrupt case filings. Elizabeth Warren and her co-authors found medical
bills accounted for 65% of bankruptcies in 2007.
Now, a new study shows how devastating medical bills
Adam Smith (1723-1790), a man upon whose writings and
philosophy America was built, said: " The subjects of every state ought to
contribute towards the support of the government, as nearly as possible, in
proportion to their respective abilities...
Fresh on the heels of the government's
indictment of Lenny Dystra for bankruptcy fraud , Dr. Rick Sanford, a former
first round draft pick by the New England Patriots and 1983 Pro-Bowler, has
agreed to plead guilty to fraud in relation to his South...
A bank's foreclosure on U.S. Army Sgt. James Hurley's
house presents another reason- in a long line of reasons- that the American
legal system must be revamped. Maybe, our legal system should be more like the
British system where the loser...