To most of us, "debtors' prison" may sound like something straight out of a Dickens novel. But across the country today, predatory lenders are using a legal loophole to manipulate courts into jailing poor citizens who legitimately cannot pay what they owe.
In the wake of Eastman Kodak's bankruptcy filing, some speculators will be tempted in the coming days to nibble on the company's battered shares. But if you know what's good for your portfolio, you'll stay away.
Many Americans are desperate to relieve their debt burdens. Here are some good options for whipping your debt into a manageable condition.
The long-struggling video-rental chain said Thursday that a delisting from the New York Stock Exchange is the likely result after it failed to receive enough shareholder votes to authorize a reverse stock split. Shares tumbled on Friday.
Lehman Brothers, whose 2008 death signaled the gravity of the financial crisis, remains very much alive to those of its creditors still awaiting payment. Now, it looks like some businesses in Europe could get speedier payments than they would have gotten otherwise.
