DALLAS -- American Airlines says it is agreeing with creditors to consider potential mergers while it is still under bankruptcy protection. American ...

WASHINGTON — Senators are telling the trustee overseeing MF Global that it would be outrageous to pay bonuses to top executives of the collapsed...

(Adds comments) By Jim Christie SAN FRANCISCO, Feb 28 (Reuters) - Stockton, California's city council approved a plan l...

If there is one thing that most Americans might agree upon it is that the debt collection industry and the work it performs ranks in status somewhere below that of a Wall Street Banker and slightly above that of a U.S. Congressman.

Alabama's troubled Jefferson County faces an 80 percent chance of declaring bankruptcy, one of its commissioners said on Thursday, as U.S. experts...

Bankrupt Borders Group Inc said it has canceled its auction and will sell itself to a group of liquidators. Borders announced the decision on M...

The French treasury and banks have agreed on a proposition to make a Greek debt rollover more palatable to creditors through a combination of long...

After every financial debacle or war, there is a huge political struggle over whether creditors get to stand in the way of an economic recovery. Greece is the poster child for this dilemma, and the Greek story reveals the real villain of the piece.

(Reuters) - Creditors who help authorities liquidate a troubled financial firm would be among those paid off first among unsecured creditors, accord...

You can see why bailouts fail. Wall Street and lottery winners have a common bond. They have access to easy money without restraints.

Desperate people want to believe it's true. They want to believe that there are companies that can easily get rid of their credit card debt. More often than not, they are deeply disappointed.

The giant credit rating agency Standard & Poor's issued a stark warning Tuesday to creditors of Citigroup and Bank of America, two firms that up until...

Yes, credit is a lot like love. We all want it. We all need it. But it's a two way street, and finding ways to maintain it is the key.

A bipartisan group of legislators is pressing the Treasury Department to close a loophole that has allowed banks to seize Social Security and disabili...

THE Obama administration's proposals to reform financial regulation sound ambitious enough as they aim to bring companies like A.I.G. under a broader ...