City officials said the closure comes after Detroit began making final payments to unsecured creditors, eliminating the need ...

The city of Detroit has made its final payment for bankruptcy, ending more than a decade of court supervision of its finances ...

On a recent episode of NerdWallet’s Smart Money Podcast, Budget Rehab: How to Stop Paying Only Interest and Make Real ...

The California-based trucking company lost a default judgment on loans for five of its trailers.

Detroit's historic bankruptcy case is officially closed. U.S. Bankruptcy Court Judge Thomas Tucker on Tuesday, May 19, ended ...

If you're overwhelmed by debt, bankruptcy can seem like the only way out. But that relief comes with lasting consequences. It's a major legal step that can remain on your credit report for up to seven ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Filing for bankruptcy can come with steep costs, even before your debts are discharged. You’ll need to pay court filing fees, ...

Ottawa County Commissioners are discussing options to pay off a $33 million civil rights judgment, including a bond funded by ...

Detroit’s bankruptcy case may be closed, but the accountability attached to it remains open. Balanced budgets, stronger reserves, improved credit ratings, and population growth will matter most if ...

Bankruptcy can halt many garnishments — but Social Security is a different story. Here's what to know.

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min QVC Group's bankruptcy has left ...

Despite a $7.1 billion hole, Mayor Zohran Mamdani has pushed back against any serious cuts to his budget and instead wants to delay required payments to city pension funds. That’s precisely the kind ...