A Kansas couple, ages 57 and 68, had $120k worth of credit-card bills. Despite his illness, they did the honorable thing.
Despite what you may have heard, the truly desperate can have their student loan debt forgiven in bankruptcy court. But it's not easy.
The credit card I used for that purchase didn't reach a zero balance again until the debt was discharged in bankruptcy.
Even after my debt was discharged, I continued to overspend -- until the real consequences of bankruptcy began to sink in.
Ally Financial is shedding its risky mortgages in bankruptcy court, and it doesn't want its mortgage customers to get any funny ideas.
A Florida bank is offering a Mercedes in exchange for a $1 million 5-year certificate of deposit.
Declaring bankruptcy may lower your credit score, but here are some practical steps you can take to repair it.
VIDEO ON MSN MONEY
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.