Fillings

The board of Ally Financial Inc.'s ailing mortgage unit is expected to meet Sunday to authorize a bankruptcy filing, said people familiar with the situation. A filing for the mortgage subsidiary, called Residential Capital LLC, could come Sunday or Monday ...

With decades of experience with handling personal bankruptcy claims, Clark & Washington understands how hard it can be for families to find themselves in the unhappy position of considering filing for bankruptcy. The firm wishes to help make the process ...

Law360, New York (May 09, 2012, 1:28 PM ET) -- Continuing a recent trend, bankruptcy filings for the year ended March 31 were down 13 percent from filings for the same period a year ago, according to a report released Wednesday by the Administrative Office ...

"The debtors have demonstrated good, sufficient and sound business reasons and compelling circumstances to enter into the [purchase agreement]," the order filed with the U.S Bankruptcy Court in Wilmington, Del., said. "The sale transaction is ...

Ally Financial Inc. (ALLY), the auto lender majority-owned by U.S. taxpayers, received an oral commitment from bondholders of Residential Capital to support a bankruptcy filing for the mortgage unit that could come early next week, people with ...