bankruptcy

Detroit tries to wipe out debts in historic trial

Detroit tries to wipe out debts in historic trial

Lawyers for Detroit will attempt to convince a federal judge at the city’s bankruptcy trial that its plans to wipe out billions of dollars in debt should be approved. After some delays, the start of the trial Tuesday in U.S. District Court comes just over 13 months after Detroit became the largest U.S. city to […]

Skepticism, concern from citizens in bankrupt Detroit

Skepticism, concern from citizens in bankrupt Detroit

Some Detroit residents voiced skepticism on Thursday that the former U.S. manufacturing powerhouse would emerge in better shape from its historic bankruptcy filing designed to fix the city’s financial crisis. Hours after learning Detroit filed the largest municipal bankruptcy in U.S. history, residents spoke of the stark realities that come with living in a financially […]

Sarah will declare bankruptcy in two years

According to one source, (since repeated ad nauseum by everybody else), the Wassilly HillyBilly made off with $12 Millions over her last 9 months. Talk about a profitable pregnancy. Never has any other quitter made off with so much loot in so little time. One would almost think that she had a fully functioning brain inside that vapid, hollow, mostly unused cranium.