Better Place, a world leader in developing and manufacturing battery-powered cars, is filing for bankruptcy in Israel. The announcement of the business’s bankruptcy comes just 7 months after the ouster of the company’s...
Just over a week ago, powerful storm systems ripped through the Great Plains, producing the mega tornado that ravaged Moore, OK. The damage done by the Oklahoma tornado is equal to 96 percent of Manhattan’s landmass. Winds...
For those struggling with money management, bankruptcy is often the very last resort. Thus, debtors are constantly looking for other solutions to get their debt under control. Many of these options include credit counseling,...
This week in bankruptcy news: another labor union takes the hit when Patriot Coal moves to avoid the need for bankruptcy by cutting millions from union obligations. Meanwhile Detroit officials are preparing for a better...
Each year, thousands of people file for bankruptcy and the opportunity for a fresh financial start. While bankruptcy may put a temporary damper on financial freedom in its immediate aftermath, it isn’t as limiting as...
