Debts are divided into two categories: dischargeable and nondischargeable. Dischargeable debts are those that the debtor is no longer personally liable to pay after the bankruptcy proceedings are ...

Connecticut has also considered forgiving Prospect Medical Holding’s tax liabilities, according to legislators ...

The $390 million in funding would cover the $13 million acquisition of Waterbury Hospital from Prospect Medical Holdings.

Former England international and Liverpool legend John Barnes has been declared bankrupt after his media company built up ...

City officials recuperated lost revenues following Detroit's bankruptcy. But questions remain about whether the next mayor will face financial obstacles.

Economists debunk three of the most common Social Security myths that cost retirees $100s in benefits. Learn the truth and how to protect your check.

John Barnes admitted his money troubles were created by trusting the wrong people as he dealt with "sleepless nights" due to ...

Financing unemployment insurance benefits with federal loans and taxes on employers cannot continue indefinitely.

While idiosyncratic issues seem to have driven these recent corporate failures, they serve as a reminder of the importance of ...

The 'false' figure was 'a figment of someone's imagination' and forced the authority to declare it was broke needlessly, ...

DOE blames Biden for staff cuts The Department of Energy has accused at least six of its own offices of “wasteful spending” and told staffers they may be reassigned, fired or transferred, write Hannah ...