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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…

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.…

More and more cities filing for bankruptcy

More and more cities filing for bankruptcy

City governments are joining cash-strapped Americans in seeking bankruptcy protection. Three cities have filed for bankruptcy in California in the last month alone and others may join the rush to…

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…