Understanding the basics of bankruptcy is crucial as it could be your legal lifeline whether you’re drowning in debt or fighting a legal battle to receive debt payments. Though you can petition the court or seek assistance of an attorney, …
Credit Suisse told investors the debt in its $7.3 billion finance fund was low risk because it was insured but the bank failed to ensure the policies would pay out, two sources told Reuters. When Japan’s Tokio Marine, the company …
BATON ROUGE, La. (AP) — After Hurricane Katrina, Louisiana delayed paying its debts for improvements to the federal flood protection system stretching across five parishes in the New Orleans area. The massive bill totaling as much as $3 billion is …