Liquidation

This week on The Broke and the Beautiful, rapper DMX filed for bankruptcy protection. Also, Teresa and Joe Giudice of Bravo’s “The Real Housewives of New Jersey” were charged with fraud, and fellow New Jersey “Real Housewives” star Danielle Staub settled a fraudulent-claims lawsuit.

Creditors of Edison International’s commercial power unit are seeking more than $1 billion from the parent company, which vowed on Thursday to fight their effort. Read the Daily Bankruptcy Review article via The Wall Street Journal.

Ambulance company Rural/Metro Corp., which provides ambulance service in rural communities, is getting ready for a possible bankruptcy, The Wall Street Journal reports.