Sep 7, 2012
All kinds of loans can get dismissed in bankruptcy work, except for student loans. But there are some exceptions to this rule.
Jul 26, 2012
If debt-ridden municipalities begin walking away from their financial obligations the way homeowners once did, such strategic defaults could wreak havoc for municipal bond holders.
Jul 18, 2012
The Southern California city considers bankruptcy, after the departure or collapse of successive industries left it unable to pay for fire, police and other services.
Jul 11, 2012
The allegations against brokerage firm Peregrine Financial shed light on weak regulations of the futures industry. Analysts point to MF Global missing funds similarities.
Jul 11, 2012
Brokerage firm Peregrine Financial is liquidating amid allegations that it defrauded customers and lied to federal regulators.
Jun 28, 2012
As the city of Stockton, Calif., considers declaring bankruptcy, a nearby town proves that there is life after going bankrupt.
Jun 27, 2012
Stockton's Vice Mayor Kathy Miller has lived in the California city for 15 years. She talks about what the bankruptcy will mean for residents.
Jun 5, 2012
The city of Stockton, California, population 291,000 is trying to avoid becoming the biggest U.S. city to go bankrupt during this economic downturn.
Jun 1, 2012
Tess is joined by senior producer Paddy Hirsch and credit expert Liz Weston to talk about credit utilization, bankruptcy amongst seniors, and the down side of buying real estate for your kids.