Personal Finance Tips for families

family expenses have been hit hard in recent times of recession and slow growth. This has led to a greater number of personal bankruptcies. Situations in your life to avoid those essays you need to plan and manage your finances very carefully. This article offers some tips for families as they manage their finances and [...]

Takefuji Files for Bankruptcy

Takefuji, the fourth-largest consumer lender in Japan, filed for bankruptcy on Tuesday. In a statement, Takefuji said it had debt of 433.6 billion yen ($5.1 billion). Takefuji’s filing makes it the biggest consumer lender to fail under the weight of court-ordered interest repayments and tighter lending rules, according to Reuters. Takefuji shares will be delisted [...]

Think carefully before opting for debt settlement

Is your financial condition truly critical? Are you desperately looking for a way out of the debtor’s prison? If yes then debt settlement may be the right solution for you. So what exactly is debt settlement and how can it save your neck?

Japan Airlines (JAL) considers setting up budget airline

Japan Airlines may use part of a Y350bn ($4bn) capital injection from the Japanese government to set up a budget airline as it seeks to rebuild its business after declaring bankruptcy in January. Masaru Onishi, JAL president, said on Tuesday the former state-owned airline, which is burdened with some of the industry’s highest operating expenses, [...]

First-place Texas Rangers Shrug Off Adversity

With stars like Josh Hamilton and Cliff Lee, the Texas Rangers have fought off the distractions of bankruptcy and a contentious struggle for ownership to become one of the top teams in the 2010 baseball season.

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