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  By Tia Law After almost two years in hiding, Casey Anthony emerged on Monday — shielding her face from reporters and hustled by her lawyer through a swarm of cameras as she walked into a Florida courthouse for a bankruptcy hearing. her first public appearance since July 2011, when she was found not guilty of murdering [...]

  According to court records, the mother of Olympic gymnast Gabby Douglas filed for bankruptcy earlier this year in Virginia. The filing was first reported by TMZ, a day after it was revealed that the parents of fellow U.S. Olympian Ryan Lochte were facing foreclosure in Florida. Documents filed in January in the Eastern District [...]

Despite a lack of empirical data, interviews with more than 30 Realtors, lenders, builders and consumers suggest that a small but growing number of American borrowers are bouncing back to homeownership relatively quickly following a foreclosure, bankruptcy or short sale. “Most are not ashamed or bashful about what happened because so many people were forced [...]

By Wonda J Mitt Romney invented a bold face lie, and he is sticking to it.  Despite his 2008 call to “let Detroit go bankrupt,” presumptive Republican presidential nominee Mitt Romney said Monday that he would “take a lot of credit” for his impact on the U.S. automobile industry’s comeback. During an interview with WEWS-TV in Cleveland [...]

An emerging myth being pushed by the right contends that federal spending to rescue GM and Chrysler was unnecessary, and that the companies instead should have gone through a “traditional” bankruptcy. In fact, economists at the time explained that frozen credit markets made private financing for a “traditional” bankruptcy impossible. MYTH: GM And Chrysler Could [...]