GO
Loading...

Bankruptcy

More

  • Sirius XM Prepares Possible Bankruptcy Filing Tuesday, 10 Feb 2009 | 5:32 PM ET

    Sirius XM Satellite Radio has been working with advisers to prepare for a possible bankruptcy filing in a move that could put pressure on satellite company EchoStar, which owns a substantial amount of the company’s debt.

  • Cohabitation Can Be Costly Friday, 6 Feb 2009 | 1:26 PM ET

    The number of Americans trading in marriage for cohabitation continues to rise.  So, assuming that arrangement means commitment and longevity, couples need to make sure you have an estate plan in place to avoid some very unwelcome surprises down the road. 

  • Law And Romance Can Mix Friday, 6 Feb 2009 | 1:21 PM ET

    Prenuptial agreements are often associated with millionaire moguls and super celebs, but the truth is prenups are not only for the über rich and famous. In fact, people of all ages and ranges of net worth could find a lot of value in signing one before they tie the knot.

  • Trying to Help Financially Troubled Homeowners Friday, 6 Feb 2009 | 10:31 AM ET
    pile of bills

    People seem to pass certain milestones on the road of financial desperation. First the unpaid bills pile up. Then the bank forecloses. Finally, they reach the end of the line: bankruptcy court. But now policy makers are talking about redrawing this map by putting the bankruptcy court before foreclosure to give people a chance to keep their homes.

  • High-End Gemstones Are Diamonds in the Rough Thursday, 5 Feb 2009 | 4:58 PM ET

    For so long, it's been all about value in the retail sector, and looking at the latest retail sales results, that hasn't changed yet. But an often overlooked type of retail business is emerging as a new diamond in the rough: gemstones.

  • Full Lists of Madoff Clients, Brokers, Employees Thursday, 5 Feb 2009 | 1:45 PM ET

    The names of several thousand clients who lost money investing with Bernard Madoff have been released in a court filing that reads like a Who's Who: former Los Angeles Dodgers pitcher Sandy Koufax, actor Kevin Bacon and even Madoff's defense lawyer.

  • No, Carmen says. The only person who can repair your credit is you.

  • The Coming Retail Real Estate Nightmare Tuesday, 3 Feb 2009 | 2:25 PM ET

    The visible signs of the carnage in the retail sector will soon be too hard for many to ignore. The International Council of Shopping Centers projects 148,000 retail stores will be shuttered in 2008, and another 73,000 stores will close in the first half of this year. If those estimates prove correct, the number of closures last year will be the highest since at least 2001, and this year, closures will be on track for a similarly brisk pace.

  • Ask The Experts: How Do I Repay All This Debt? Wednesday, 28 Jan 2009 | 3:33 PM ET

    Carmen weighs the options for one couple who feel like they're drowning in debt.

  • Ask The Experts: Is Bankruptcy Right For Me? Monday, 26 Jan 2009 | 3:31 PM ET

    John Ulzheimer explains the pros and cons to filing for chapter 7 if you're in too deep with your lenders.

  • What's Really Behind The Spike In Bank Repossessions Friday, 23 Jan 2009 | 3:47 PM ET
    Realty Trac

    Sometimes when you look inside the numbers, you find something interesting. In a recent report I noticed the number of bank repossessions was rising faster than overall foreclosure filings.

  • German Chipmaker Qimonda Declares Bankruptcy Friday, 23 Jan 2009 | 11:46 AM ET

    German memory-chip maker Qimonda declared bankruptcy Friday, just a month after receiving a rescue package of millions of euros (dollars) in loans.

  • Baccardax: UK Banks Are Already Nationalized Thursday, 22 Jan 2009 | 9:20 AM ET

    Here's the dirty little secret: bank nationalization in the UK has already happened. The vast majority – but not all – of the UK banks simply would not be solvent but for myriad government support.

  • Circuit City to Liquidate Remaining US Stores Friday, 16 Jan 2009 | 11:51 AM ET
    A Circuit City store in Mount Laurel, New Jersey.

    Electronics retailer Circuit City Stores reached an agreement with liquidators on Friday to sell the merchandise in its 567 U.S. stores after failing to find a buyer or a refinancing deal.

  • Gottschalks Files for Chapter 11 Protection Wednesday, 14 Jan 2009 | 9:35 AM ET

    Retailer Gottschalks says it put itself up for sale and has filed to reorganize in a Chapter 11 bankruptcy.

  • What Ever Happened to Moral Hazard? Monday, 12 Jan 2009 | 9:27 PM ET

    We haven’t heard that phrase since Lehman Brothers imploded. Wonder why.

  • What Is Worse - Personal Bankruptcy Or Foreclosure? Monday, 12 Jan 2009 | 2:55 PM ET
    Bankruptcy or Foreclosure?

    As the countdown to the Obama administration falls into single digit days, the rhetoric over how to reverse the housing crisis is heating up, and much of the chatter is focusing on bankruptcy and “walkaways”. All of this leads me to ask the question, which is worse to your financial future: personal bankruptcy or foreclosure?

  • Traders Ask, "What Urgency?" Thursday, 8 Jan 2009 | 4:14 PM ET

    Despite tremendous fear that the nonfarm payroll report would be a complete disaster tomorrow, traders acted like there was little urgency. Volume was light, volatility was low and with the exception of one sector (retail) all S&P sectors were up or down less than one percent.

  • Why Citigroup "Backs" Home Loan Bankruptcy Plan Thursday, 8 Jan 2009 | 3:05 PM ET
    Homes and dice

    A while back I debated the pros and cons of a proposal to allow bankruptcy judges to modify troubled loans. The President-elect included it as one of the four tenets of his housing plan during the campaign, so one can only surmise that it’s still high on his list.

  • GM's Downsizing Of Dealers Won't Be Easy Monday, 5 Jan 2009 | 10:33 AM ET
    GM Dealership

    For all the hand wringing you see from people wondering if GM and Chrysler can get the UAW to re-work wages and benefits or for debt holders to agree on a debt for equity swap, the real trick will be closing dealerships.