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Marriage, College, Job Won't Ward Off Bankruptcy
AP A wedding ring, college degree and a well-paying job: the American dream or a recipe for bankruptcy? Some of the factors often associated with financial success are increasingly becoming correlated with personal bankruptcy filings,
Updated: 09/13/2011 03:20P
Solyndra executives to testify before House panel next week
The Solyndra executives will face tough questions from Republicans on the House Energy and Commerce Committee, who have pounced on the company's bankruptcy, alleging that the Obama administration officials missed a series of red flags that should have
Updated: 09/13/2011 03:17P
Newspaper copyright lawsuit filer may be closing in on bankruptcy
A Las Vegas-based copyright trolling firm recently told a federal judge in Nevada that it plans to file for protection under bankruptcy law or shut down its operations. A Las Vegas-based copyright trolling firm recently told a
Updated: 09/13/2011 03:07P
Deb Shops Wins U.S. Bankruptcy Court Approval to Sell Assets to Lenders
Deb Shops Inc., a bankrupt retailer of clothing for teenage girls and young women, won court approval to sell virtually all its assets to lenders in exchange for $75 million in debt.
Updated: 09/13/2011 03:06P
US approves rule on bankruptcy
WASHINGTON: US regulators approved on Tuesday a rule requiring 37 large US and foreign financial institutions to submit plans to allow for their orderly dismantlement in case of bankruptcy. In the wake of the 2008-2009 financial crisis,
Updated: 09/13/2011 03:05P
Philadelphia Inquirer, Daily News cutting about 20 jobs; cite double-digit
AP PHILADELPHIA — Philadelphia's two largest newspapers are cutting about 20 positions, citing a double-digit drop in advertising revenue. The local Newspaper Guild says it was told the cuts include three photographers, along with library, computer,
Updated: 09/13/2011 03:04P
Bookshelves, Remaining Books at Borders Gone
Bargain hunters sifted through the last remaining books at Borders Books of Woodbridge final day of business on Monday. Woodbridge, Va. – Those in the market for a used book shelf, CD rack or anything Borders Books used to market their merchandise on
Updated: 09/13/2011 03:01P
Lehman Brothers isn't Out of the Woods Yet
PK) bankruptcy approaches, at least one law enforcement agency hasn't ended its investigation into the firm's collapse, the FOX Business Network has learned. The New York Attorney General's office is ramping up its investigation of the Lehman Brothers
Updated: 09/13/2011 02:57P
$1.7M payout OK'd today in Fair Finance bankruptcy
10:57 am A US bankruptcy judge in Akron overseeing the Fair Finance Co. case today approved the payout of about $1.7 million in professional legal fees and expenses, the Beacon Journal reported today. US Bankruptcy Court Chief Judge Marilyn Shea-Stonum
Updated: 09/13/2011 02:54P
Drumm faces loss of homes
Former Anglo Irish Bank chief David Drumm faces the loss of his Boston home, his Cape Cod holiday home and his former Dublin home as the bankruptcy official in charge of his financial affairs has claimed that he fraudulently transferred the properties
Updated: 09/13/2011 02:54P