Bankruptcy

The glass company filed for bankruptcy last month.

Half a million people are served by the Diocese, which was founded 227 years ago in the Crescent City.

The retail chain filed for chapter 11 bankruptcy protection early this morning.

The company has announced that is exiting bankruptcy and is ready to expand operations in Louisiana once again!

A Missouri woman will serve 18 months in prison and three years of supervised release for making a false statement during a bankruptcy proceeding.

A woman who federal prosecutors have described as a serial bankruptcy filer has been convicted in Shreveport Federal Court of lying during bankruptcy proceedings.

Detroit has filed for bankruptcy, and many are trying to figure out who or what caused the city to be around $19 billion in debt. Rush Limbaugh claims "unchecked" left-wing ideologies have run the city into the ground.

Twinkies won't die that easily after all. Hostess Brands Inc. and its second largest union will go into mediation to try and resolve their differences, meaning the Irving, Texas-based company won't go out of business just yet. The news came Monday after Hostess moved to liquidate and sell off its assets in bankruptcy court citing a crippling strike last week.

California has certainly had its share of financial woes, and now the city of Stockton, about 80 miles east of San Francisco, is set to become the largest American municipality to declare bankruptcy.

Some major companies and corporations such as MF Global and AMR, the parent company of American Airlines, have filed for bankruptcy. In the process, they may have, directly or not, caused some people to go bankrupt.