Tag Archives: bankruptcy

Medical Bills Are The Number One Cause Of Bankruptcy In America

Posted on January 9, 2014 by The Soul Brother

By Kimberly Gedeon Americans just can’t seem to get a grip on paying their mortgages or credit card bills due to outstanding medical charges. Even with health insurance supplementing the costs, medical bills are the biggest cause of bankruptcies in … Continue reading →

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The Real Story of Detroit’s Economy — Good Things Are Really Happening in Motown

Posted on September 3, 2013 by The Soul Brother

By Frank Joyce As a life-long Detroiter who has lived both in the city and the suburbs, I’ve been fascinated by the media frenzy over Detroit’s bankruptcy. Like most big news topics these days, Detroit has become a screen onto which … Continue reading →

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Editorial: Detroit faces hardship, but then hope

Posted on July 19, 2013 by The Soul Brother

By Detroit Free Press Editors The can of consequences Detroit’s been kicking down the road for decades finally came to a landing Thursday in federal bankruptcy court. The filing was inevitable. Faced with a steadily collapsing fiscal structure, the city’s … Continue reading →

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Detroit files thousands of pages of documents in bankruptcy, lists 100,000 creditors

Posted on July 19, 2013 by The Soul Brother

By Nathan Bomey, Brent Snavely, & Alisa Priddle The city of Detroit filed thousands of documents in its bankruptcy case late Thursday, as Detroit emergency manager Kevyn Orr builds a case that the city is insolvent and must execute a dramatic … Continue reading →

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Detroit goes bankrupt, largest municipal filing in U.S. history

Posted on July 19, 2013 by The Soul Brother

By Michael A. Fletcher Detroit filed the largest municipal bankruptcy in the nation’s history Thursday afternoon, capping a long decline that left the nation’s automaking capital bleeding residents and revenue, while rendering city services a mess. The nation’s fourth-largest city … Continue reading →

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Toni Braxton Bankruptcy — Bankrupt Again, May Owe $50 Mil

Posted on October 8, 2010 by The Soul Brother

The first bankruptcy, I can understand. We all need a chance when we get overwhelmed with debt. But, a second time? Didn’t Toni learn from her past experience? I’m sorry Toni. I’m a big fan but this is Sloppy and … Continue reading →

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