Having entered their bankruptcy filing just prior to the end of the year, American Airlines will continue to carry much focus in the New Year. The airline bankruptcy has struck fear in the hearts of consumers and employees...
Category: bankruptcy_blog
30 Dec, 2011
Saab Bankruptcy Sparks Interest Of Many
The Swedish automaker Saab filed for bankruptcy as a last resort option for managing its financial troubles. Having been owned and operated by General Motors for quite some time, the once foreign car manufacturer now stands...
Residents of the United Kingdom have been granted the opportunity to avoid personal bankruptcy while obtaining a similar level of debt relief for the last two years. As an initiative to help the financially insolvent, the...
As American Airlines works towards a debt restructuring that will save the company, big decisions are being made by company officials. The parent company of American, AMR Corp., asked a federal judge for approval to hire a...
29 Dec, 2011
Managing Post-holiday Debt
It is estimated that consumers spent nearly 30 percent more this holiday season than in the past five years. Even worse, most used credit cards to pay for those purchases. We should be receiving that dreaded credit card bill...
