Consumer and commercial bankruptcy filings are on pace to reach a stunning 1.5 million this year, according to a report from Automated Access to Court Electronic Records.
But filings are surging back in part because of rising job losses. The unemployment rate could hit 10% this year. And tighter credit, dwindling 401(k) accounts, smaller paychecks and less savings have left unemployed workers and those who are working but struggling with fewer financial resources to keep creditors at bay.
The long legal battle to erase the debts of nearly half a million federal student loan...
Gas prices are up almost a dollar a gallon since the day Donald Trump took office;...
House Democrat calls Trump's new tariffs 'an end-run around the Supreme Court and Congress', not an...
