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Big Names Gone Bankrupt in 2012

The Great Recession has altered the consumer landscape, forcing such familiar retailers as Borders, Circuit City and The Sharper Image into bankruptcy. And anyone who’s tried to buy a Twinkie in the...

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Going for Broke: US Bankruptcy Filings [Infographic]

Creatas/ Thinkstock Lawyers.com reported earlier today that singer Dionne Warwick recently filed for bankruptcy, due to a $10.2 million tax debt with the state of California and the IRS. But as to the...

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Sly Stone’s Former Production Company Goes Bankrupt

Sly (Sylvester Stewart) has had a long string of legal and financial troubles (Photo: Chris Hakkens) After the former front man for late-60s and 70s supergroup Sly and the Family Stone sued his former...

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Detroit Bankruptcy Likely To Rob Retirees of Pension Benefits

Retired city workers, including Vera Proctor, a retiree from the Detroit Police Department, listen to a news conference of union leaders on Monday. Detroit's bankruptcy filing means that thousands of...

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Real Housewife Facing 50 Years in Prison for Fraud Scheme

Teresa and Joe Giudice have been indicted on fraud charges (Photo by Jeff Daly/Invision/AP) Could Teresa Guidice become the first star of The Real Housewives of New Jersey State Corrections? Unless...

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