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Advanta Corp is a company that offers small businesses credit cards in the United States. Yesterday the lender filed for bankruptcy protection. The company, in its filing with the U.S. Bankruptcy Court for the Deleware District, listed assets of $363 million and debts totaling $331 …

In Great Britain, PriceWaterhouseCoopers has said that more and more people are declaring bankruptcy at an increasing rate, however the number of people who are declaring bankruptcy isn’t increasing at the rate that was expected.
In February 2009, 67,428 people declared bankruptcy and another almost 40,000 …

CIT Group Inc. said that it might still have to file for bankruptcy protection if there isn’t a strong presence of bondholders to participate in a debt exchange that was recently introduced.
CIT is a commercial lender, that is one of the country’s largest lenders to …

GM really wants to draw in customers. They didn’t do as well through the cash for clunkers program as their competitors did and now it looks like the company is actually doing something about sluggish sales to help draw in customers that are wary of …

Once upon a time, Reader’s Digest was a staple in many American households. Well, maybe I’m over exaggerating, but I know that every time I walked into my grandmother’s house she definitely had the newest copy sitting on her coffee table. And, to a five …