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After I filed bankruptcy papers with the courts, I called the mortgage company that is putting my home up for foreclosure sale/auction -- which was scheduled for the same day I filed. I filed at 11:16 a.m., and the sale was scheduled for noon. I called the ...

As MF Global entered a tailspin, the brokerage firm tapped customer money to meet its own obligations before filing for bankruptcy on Oct. 31. Nearly six months later, customers are still owed an estimated $1.6 billion. Mr. Freeh, who also held ...

Woollard says he made a stupid decision but had been subjected to years of criminal and civil litigation and suffered more adverse publicity than most murderers. He says he cannot afford to pay Ms Campbell and will have to declare bankruptcy. Ms Campbell ...

NEW YORK -- American Airlines on Tuesday made its most forceful case yet to terminate its labor contracts as the company's top restructuring official laid out the airline's bleak finances in bankruptcy court. In a precise, deliberate manner ...

If nothing materializes, however, it's possible the bankruptcy case could be converted to a Chapter 7 liquidation. In the meantime, KLN can continue to use its cash to fund operations until at least May 30 under the deal with the bank. “I'm hopeful ...