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Bankruptcy is a legally declared inability by an individual, or business, to pay their creditors. The declaration is known as seeking bankruptcy protection (from creditors) or initiating a bankruptcy filing. Unsecured debts -- like credit card balances -- are typically in peril in bankruptcy filings. But recent changes to the U.S. bankruptcy code have seen more consumers forced to file Chapter 13, which requires a debt repayment plan, rather than Chapter 7, which effectively wipes out unsecured debt.

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Dell to Lay Off More Staff and Other Financially Challenged U.S. Companies for April 8

8 April 2008

PR - ABI Reports Bankruptcy Filings Rise 27% in First Quarter

3 April 2008

The Heat's On Fedders and Other Financially Challenged U.S. Companies for April 3

3 April 2008

Wonder Bread Rising and Other Financially Challenged U.S. Companies for March 28

28 March 2008

Delphi to Auction Assets and News on Other Financially Challenged U.S. Companies for March 25

25 March 2008

Northwest Cuts Fleet, Lionel Off Track and Other Financially Challenged U.S. Companies for March 20

20 March 2008

AnnTaylor Loses $7 million, Carlyle Shuts Fund and Other Financially Challenged U.S. Companies for March 18

18 March 2008

Buca di Beppo Losing the Bucks and News on Other Financially Challenged U.S. Companies for March 13

13 March 2008

Milwaukee Thrift to Liquidate by April

7 March 2008

UTech Seeks Diebold and Other Financially Challenged U.S. Companies for March 4

4 March 2008

GMAC Cuts Jobs, and Other Financially Challenged U.S. Companies

21 February 2008

Huge Loss for GM and Other News on Financially Challenged Firms for Feb. 14

14 February 2008

Financially Challenged U.S. Companies for Feb. 7

7 February 2008

Weekly Summary of Financially Challenged U.S. Companies for Feb. 4

5 February 2008

Weekly Summary of Financially Challenged U.S. Companies for January 30

31 January 2008

Seven Factors to Consider BEFORE Filing an Involuntary Bankruptcy Petition

31 January 2008

Credit Manager?s Weekly Summary of Financially Challenged U.S. Companies

18 January 2008

New Feature: Credit Manager?s Weekly Summary

16 January 2008

Subprime Loans Rock Orlando as Bankruptcy Filings Rise 96%

11 January 2008

PR - FDIC Proposes Rule to Enhance the Process for Determining Insurance in the Event of a Large Bank Failure

2 January 2008

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