RadioShack warns of possible bankruptcy

...warned Thursday that it might need to file for Chapter 11 bankruptcy reorganization if it can't rework its debt or find another...sheet, but if it can't, it will try to file a prepackaged bankruptcy.RadioShack, which is based in Fort Worth, Texas, has...

US Treasury still approving 'excessive' pay raises for top executives at GM, Ally Financial, report says

...bailout, up from a previous estimate of $10.5 billion. The automaker needed the $49.5 billion in aid to survive its 2009 bankruptcy restructuring. GM went public again in November 2010.GM has faced intense scrutiny this year over its failure to correct...

Study: Illness, medical bills cause about half of bankruptcies

...questionnaires to 1,771 bankruptcy filers in 2001...million personal bankruptcies in the United...medical-caused bankruptcies affect about 2...that triggered bankruptcy. The study said...based on 2001 bankruptcy filings, does...medical-related bankruptcies. "Medical coverage...

Corporate bankruptcies in Japan down in July

TOKYO -- The number of corporate bankruptcies in Japan fell 16.8 percent to 1,151 cases in July compared...said Friday. The decline marked the 19th consecutive month bankruptcies fell compared to the same month in the previous year, suggesting...

Personal bankruptcies continue record pace

...NEW YORK -- Personal bankruptcies continued at a record...1990s. The American Bankruptcy Institute said Monday...said that business bankruptcy filings fell in the...it said. Business bankruptcies also had declined in...total of 440,257 bankruptcy petitions were filed...

House moving to slow tide of personal bankruptcies

...WASHINGTON -- With personal bankruptcies soaring, the House...overhaul of the nation's bankruptcy laws in 20 years...Americans filing personal bankruptcies last year jumped to...The rising tide of bankruptcies spills across demographic...widespread advertising by bankruptcy attorneys. "There's...

Action steps to keep your money in event of a business's bankruptcy

...doesn't officially file bankruptcy, as well as what their...Chapter 7 or Chapter 11 bankruptcies.? IF A COMPANY CLOSES...BANKRUPTCIESA Chapter 11 bankruptcy allows the company...Unfortunately, some Chapter 11 bankruptcies are unsuccessful and...CARDSUnder Chapter 7 bankruptcy law, the gift card...

Barry Bonds' obstruction of justice conviction could be reversed

...Court case, Bronston v. U.S., that dealt with the perjury conviction of movie producer Samuel Bronston. When asked at a bankruptcy hearing whether he had any Swiss bank accounts, Bronston replied that the company had an account in Zurich for about six...

Not all airlines are soaring: Majors earn record profits while regional carriers struggle

...ago, many of the regionals were earning steady profits. That began to change when several of the big airlines went through bankruptcy and rewrote their contracts with regional airlines to cap the small guys' profit margins.Regionals that boasted 20 percent...

US airfares on the rise, outpacing inflation

...starting to pay investors dividends ? something unheard of in an industry that just a decade ago was struggling with a wave of bankruptcies.Airlines for America, the industry's U.S. trade and lobbying group, says passengers should blame the government...