

The debt burden for bankrupt U.S. Commonwealth Puerto Rico is a whopping $72 billion. Governor Alejandro García Padilla and others

Rapper 50 Cent filed for Chapter 11 bankruptcy protection on Monday. Curtis James “Fifty” Jackson III was hit with a

Chapter 11 bankruptcy is primarily filed to restructure or reorganize an existing company or business. A Chapter 11 business debtor

Detroit has now made United States history. They are the largest municipality to file for Chapter 9 bankruptcy ever. A