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Michael Vick Makes Final Payment To Clear More Than $17M In Debt

After being free from prison years ago, Michael Vick is finally debt free. The former NFL quarterback paid back the final $1.5 million he owed to creditors after filing for bankruptcy in July 2008, which means he paid back $17.4 million of the $17.6 million he originally had to reimburse, according to ESPN. “The payment and final […]

Paper: 'No money down' bankruptcies prevalent among the poor, minorities

(University of Illinois at Urbana-Champaign) Bankruptcy attorneys are increasingly encouraging clients to file for the more expensive 'no money down' option of Chapter 13 bankruptcy -- a tactic that's used more often with blacks than with whites, according to research co-written by Robert M. Show More Summary

Space startup Xcor Aerospace fails to find a backer, files for bankruptcy

Once a darling of the Mojave aerospace start-up scene, spaceplane builder Xcor Aerospace has filed for Chapter 7 bankruptcy. A court document filed last week with the U.S. Bankruptcy Court for the Eastern District of California says the company has more than 100 creditors and assets estimated between...

Pacific Drilling Files for Chapter 11 Bankruptcy in New York

Offshore drilling contractor Pacific Drilling announced on Sunday that it has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Southern District of New York. The company said it intends to use the Chapter...Show More Summary

The Hottest Stories Right Now!

Yes, We Filed For Bankruptcy [CLICK HERE] Writer Says Richard Dreyfuss Whipped His Dick Out At Her & Harassed Her For Years! [CLICK HERE] Rebel Wilson Reveals She Was Sexually Harassed By A Well-Known Male Co-Star [CLICK HERE] Kimye,...Show More Summary

XCOR AEROSPACE Files for Bankruptcy. I was a (small) investor in XCOR. I’m glad I wasn’t a big inv…

XCOR AEROSPACE Files for Bankruptcy. I was a (small) investor in XCOR. I’m glad I wasn’t a big investor.

Yes, We Filed For Bankruptcy

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Bankruptcy: Styles for Less files for Chapter 11 protection

Ailing teen apparel chain Styles for Less has filed for Chapter 11 bankruptcy, hoping to avoid the rapidly expanding graveyard of mall retailers.        

#RHONJ Margaret Josephs Files Bankruptcy Over Renewed $9 Million Lawsuit — Unpaid Judgement Sparks New Legal Battle! (Exclusive)

Another day…another court battle for Real Housewives of New Jersey rookie Margaret Josephs! The RHONJ newcomer has been navigating a legal mine field in connection to her lifestyle brand, Macbeth Collection. Allow me to recap you… In...Show More Summary

Little Christmas joy looms for Toys ‘R’ Us

INTERNATIONAL - When Toys “R” Us filed for bankruptcy last month, it vowed to keep operating stores, boosting investor optimism that the impact on the biggest toymakers this holiday season would be limited. But with Hasbro’s weaker-than-expected...Show More Summary

The Weinstein Company, Bankruptcy Inevitable, But Company Says BS

The Weinstein Company is in financial freefall thanks to the misdeeds of Harvey Weinstein and bad management, and the company is expected to file for bankruptcy within weeks... this according to sources who have had access to the company's…

Clean movie streamer VidAngel files for Chapter 11 

In a sad development for people who like to watch movies but don’t want any of that cool violence, sex, cursing, or general adult themes, “clean” video streaming service VidAngel has filed for Chapter 11 bankruptcy protection. This comes as VidAngel has been hit with a big lawsuit from basically every major… Read more...

VidAngel Files For Chapter 11 After Losing Legal Fight With Hollywood Studios

VidAngel, the company that offered its users "clean" versions of existing movies, has filed for Chapter 11 bankruptcy protection. CEO Neal Harmon announced the move today, saying, “It's an important step to protect our company — as well...Show More Summary

Pilot of the Final Air Berlin Transatlantic Flight is in Hot Water for His Landing Maneuver

oneworld member air berlin filed for bankruptcy in August after Etihad withdrew its support. The German government extended a loan guarantee (subsidy) to keep the airline flying while a sale of assets was arranged. Key pieces go to Lufthansa, leading to consolidation in the German market. The airline itself is ceasing all operations October 28th. Show More Summary

Sears Crashes After Second Largest Shareholder Resigns From Board

With Toys 'R' Us having already filed Chapter 11 bankruptcy, in a move that came as a shock to most of its bondholders, suddenly the race between Bon-Ton Stores and Sears Holdings who will file next, is entering its last lap. For those...Show More Summary

Should Your Small Business File Bankruptcy?

If cash flow is low and you’re struggling to make ends meet, you’ve probably considered bankruptcy. Although the notion of bankruptcy sounds scary and like it might spell the end for your small business, that’s not always the case. Understanding...Show More Summary

"It Will Be A Disaster": Puerto Rico To Run Out Of Cash On October 31

While Puerto Rico is way beyond a simple solvency crisis, having already filed for bankruptcy earlier this summer - and courtesy of Donald Trump there is now debate whether or not the island's $74 billion in debt will be forgiven outright - it is now also on the verge of a full-blown liquidity collapse. Show More Summary

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