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ABI Blog Exchange

AMR Corp., the parent company of American Airlines, filed for Chapter 11 protection Tuesday, The Wall Street Journal reports.

Bankruptcy: After Christmas?

It's the time of the year where many people start buying gifts for others for the holidays.

Bankruptcy: After Christmas?

It's the time of the year where many people start buying gifts for others for the holidays.
The Bankruptcy Code, which is listed in the United States Code as Title 11, has undergone various amendments since its enactment.
Mounting debts and a slow economy have made the repayment of loans an uphill task for most debtors. Debts may spiral out of hand especially when faced with unforeseen incidences, such as the loss of a job or significant hospitalization.
I've been following the MERS saga for several years now (prior postings for background).
Thank you to the Hon. Scott Clarkson for forwarding us the Order re extension of time to file Stern v. Marshall amicus briefs: Read the Order here.
The awkward truth is that we don't know nearly enough about the extent to which credit unions serve low- and moderate-income consumers.
Age isn't a barrier when it comes to financial aid for college, if you know where to look.
The free restaurant gift card that comes with opening a checking account may not be worth it.
Maclyn Clouse, Ph.D., offers his insight on low-risk investing in a low-rate market.
You're stuck in the short-sale penalty box and can't get a mortgage? Here's how to escape.
The opportunity to refinance may be nil if you are behind on payments and lack equity.
There's abuse in this area. Provide records to establish your right to claim the dependents.
"T-Boz ain't too proud to beg -- just like TLC sang back in the 90s -- because she's filed for bankruptcy. According to docs filed last month in U.S. Bankruptcy Court, T-Boz (real name Tionne Watkins) found herself owing creditors...
Sorry, Meredith Whitney, but your prediction of hundreds of billions of dollars in municipal bond defaults will just not come to pass.