| Oct 23, 2013
| 2:40 PM
Detroit went into federal bankruptcy court on Monday hoping to prove what most people already know: It is poor and $18 billion in debt, its residents aren’t getting adequate municipal services and there is no real way to rebound without some sort of...
| Sep 17, 2013
| 12:01 PM
Sometimes sex doesn’t sell.
The California company that owns Penthouse magazine and a host of online dating and adult websites filed for bankruptcy protection Tuesday.
The move by Penthouse owner FriendFinder Networks Inc. comes as many in the...
| Sep 23, 2013
| 7:41 PM
Chrysler Group filed plans Monday to resume trading its shares on the stock market, part of a high-stakes game its parent company, Fiat, is playing against a big union trust.
The stock sale would not be a normal initial public offering, in which a...
| Sep 20, 2013
| 8:16 PM
Dear Liz: I have $40,000 in credit card debt due to home healthcare I had to provide for my mom, who lived with me for six years before she passed away in 2011. I filed a Veterans Affairs claim on her behalf but just got a VA check for $344 with no...
| Aug 14, 2013
| 6:11 PM
A day after the U.S. Department of Justice sued to block the mega-merger of American Airlines and US Airways, attorneys for the carriers called the legal challenge weak and said they are looking forward to battling the government in court.
| Jul 22, 2013
| 7:40 AM
The Detroit Institute of Arts is back in the national spotlight after city leaders said Thursday that the city had filed for bankruptcy. At the heart of the museum-world debate is whether the city should sell valuable works of art in the DIA's...
| Jul 19, 2013
| 4:53 PM
Detroit’s historic bankruptcy filing was thrown into turmoil Friday afternoon, sparking a court battle between a judge and the state’s attorney general a day after the city’s state-appointed emergency manager filed for Chapter 9...
| Aug 20, 2013
| 2:31 PM
WASHINGTON -- The federal government's consumer financial watchdog on Tuesday sued Morgan Drexen Inc., of Costa Mesa, alleging it charged more than 22,000 customers millions of dollars in illegal upfront fees to help them resolve outstanding debts....
| Sep 4, 2013
| 4:27 PM
The Federal Housing Administration wants to make it easier for people who have defaulted on their mortgages to get a new home loan with FHA backing.
But there's a catch. To qualify for the break, borrowers must show that their foreclosure or...
| Aug 13, 2013
| 8:41 PM
After years of airline mergers that have dramatically reduced choices for travelers, the U.S. Justice Department has sued to halt what would be the largest airline marriage in U.S. history.
The Justice Department joined six states and the District of...
| Jul 5, 2013
| 9:08 PM
Dear Liz: I co-signed a credit card for someone and the person defaulted on payment. I started making payments but could not continue because I became unemployed. The debt started at $15,631.23 but has gone up to $17,088.08 because of interest and fees. I...