A new study indicates that patients between the ages of 20 and 34 are more than twice as likely to go bankrupt.
Can collection agencies come after you for debt that is years old? Yes, but what they can actually do is limited. However, a mistake on your part could be costly.
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Post-bankruptcy, the collapsed bank wants bigger exit payments from them as it tries to maximize returns to creditors.
A former top drug adviser to the British government says a rampant cocaine culture within the banking industry spurred overly risky decisions.
If you're facing a massive amount of credit card debt and you're having difficulty paying even the minimum due, you do have options.
Uncertainty about the fate of their home translates to continuing mental anguish for many owners.
Photography company CPI Corp. was crushed by nearly $100 million in debt, leaving employees out of work and customers wondering whether they'll get their orders.
Many orchestras are facing extinction as donations and funding dry up, while classical musicians are left to scramble for dwindling jobs.
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