bankruptcy

One year ago, Borders declared bankruptcy and began the process that would lead to the total shutdown of the chain -- which in turn made available tons of commercial real estate.

Now other retailers are starting to fill up the spaces.

Alabama's Jefferson County is set to file for the largest municipal bankruptcy in U.S. history after commissioners failed to approve a settlement on the county's billions in debts.

The Pennsylvania capital faces either bankruptcy or a state takeover of its finances after some bad bets on development projects.

City residents are nervous.

When MF Global filed for bankruptcy on Monday, it left about 150,000 accounts in limbo, with regulators struggling to recover the funds.

American Airlines parent group loses over 40 percent before closing down almost a third.

Bankruptcy has gotten more educated over the past five years, as financial distress spread to more of the population with college degrees, according to study results released Tuesday.

Borders launched a going-out-of-business sale at its 399 stores after failing to find a path to exit bankruptcy.

All books and furniture must go!

The September 2003 donor agreement for the largest gift in the orchestra's history stipulates that the foundation could ask for the gift to be returned if the orchestra ever filed for bankruptcy....

More than a million and a half people filed for bankruptcy last year, up 9 percent from last year. But that's still not as many filings as there were in 2003 or 2005.

With high unemployment and mortgage problems, how is this possible? Stacey Vanek Smith reports.

Just because spouses mention somebody else's new kitchen or car doesn't mean they want to blow the household's budget.