Author : EconomyWatch Content

    External debt, also known as foreign debt, is that portion of a nation’s net liability which is owed to international creditors. The debtors, in case of external...

Bankruptcy is essentially a declaration of a person’s inability to fulfill all pertinent debt obligations effectively. Going bankrupt is one of the hardest things that a person or company...

    With General Motors as the main stakeholder, Delphi bankruptcy has become the ‘talk of the town’ due to the huge impact the declaration had on jobs and...

    Based in Houston, Texas, Enron Corporation filed for bankruptcy in late 2001. At that time, Enron employed as many as 22,000 people and was one of the...

According to the statistics published by the Federal Reserve, the US citizens carried nearly $2.6 trillion of debt in 2007, or roughly $8,500 in debt per person. These debt...

Bankruptcy Code, Title 11 of the United States Codes, contains uniform laws that govern bankruptcy cases across the territory. Under this code, six type of bankruptcy case are discussed....

  Bankruptcy can be filed by individuals as well as corporate entities. However, the procedure for corporate bankruptcy differs from that of individual bankruptcy, requiring adherence to stricter regulations....

 International credit cards are the safest way of carrying money overseas. Most established hotels, restaurants and retail outlets accept and honor international credit cards from reputable networks like Visa...

Many people are looking for best current mortgage interest rates, given the reduction in benchmark interest rates by the US Fed. As of October 2009, the interest rates are...

Tennessee bonds are issued by various government agencies of the state, such as Sports Authority and Electricity Board, to help meet their financial requirements for community projects.[br] Various Tennessee...