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Stockton, California has officially become the first major city in the United States to file for bankruptcy. On the first of April, a federal judge ruled that Stockton is eligible for financial protection through bankruptcy....

This week in bankruptcy news: Stockton, California is granted permission to stay under Chapter 9 bankruptcy protection and Actor Kevin Costner is sued in bankruptcy court when he attempts to collect payment from a film...

Though the Occupy Wall Street movement is largely dissolved, it has given birth to a new movement called Strike Debt. The organizers of Strike Debt are fighting back against what they view are unfair health care costs. They...

This week in bankruptcy news: The bankruptcy court approved the merger between American Airlines and US Airways on Wednesday, but the $20 million severance package for current CEO Thomas W. Horton was declined. A decision in...

The solar panel manufacturing industry has really struggled in recent years as economic pressures have pushed many into financial disaster. After controversial buyouts and subsequent bankruptcy filings of other companies in...