A Michigan city couldn't pay $4 million in past-due bills, so the power company took out most of the streetlight poles to settle the debt.
Consumers who are overwhelmed by debt have more options than the government does to fix the problem.
There are no guarantees how long it will be good, and every moment you wait, the pickings get slimmer.
Perhaps regular folks can learn some lessons on what not to do with money as the McCourt financial drama plays out.
A little-known provision in bankruptcy law has been used in hundreds -- maybe thousands -- of Bay Area cases to eliminate second mortgages.
They're extremely well-reimbursed by anything but Wall Street standards, but too many are ill-prepared if the cash spigot stops flowing because of a work stoppage.
The future of the Borders bookstore chain seems dimmer than ever. But on the bright side, liquidation sales across the country mean great deals for customers.
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The Fed may start tapering in just a few months. Here are a few of the likely winners and losers.
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.
Even those who don't like to shop are probably hitting the stores this month. Here's what to be on the lookout for and here's what to avoid.
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.