Law firm Dewey & LeBoeuf files for bankruptcy

May 29, 2012
Dewey & LeBoeuf, one of the largest law firms in the country, filed for bankruptcy last night after months of financial turmoil and partner defections.

Stockton on the brink

May 18, 2012
The city of Stockton, Calif. has been hit hard by the financial crisis. With the city on the verge of bankruptcy, residents share what it's like when your town is teetering on the brink.

Herculean effort to fix a city's budget

May 8, 2012
Hercules, Calif. was on the brink of bankruptcy. So the town made major sacrifices to stay solvent.

Betsey Johnson files for bankruptcy

Apr 27, 2012
The fashion designer Betsey Johnson has filed for bankruptcy protection. Dozens of the fashion designers' stores will close, and hundred of employees will be laid off.

American Airlines bankruptcy could void union contracts

Mar 26, 2012
The parent company of American Airlines wants more concessions from unions, or it'll push to cancel existing labor contracts.

A possible change for bankruptcy and student loans

Mar 21, 2012
Current laws make it very hard for student loans to be forgiven. There's a proposal now in Congress that would change that.
Students from all over the UK participate in a demonstration February 20, 2002 in London. Here in the U.S., those with student loan debt who file bankruptcy are currently not forgiven their college loans. That might soon change, however.
Sion Touhig/Getty Images

Getting Personal: The perils of private student debt

Feb 23, 2012
MSN's Liz Weston discusses tax rebates, student debt and how to negotiate the foreclosure process.
Liz Weston rule about student loans: borrow no more for education than you expect to make the first year out of school.
RAUL ARBOLEDA/AFP/Getty Images

For public good, not for profit.

Kodak latest in series of bankruptcies

Jan 19, 2012
Eastman Kodak filed for Chapter 11 bankruptcy protection this morning. It's just the latest high profile company to go bankrupt in recent weeks, following American Airlines and Hostess Brands.