The deadline day has arrived for creditors to oppose Detroit's request for bankruptcy protection. Federal Judge Steven Rhodes has set today as the eligibility objection deadline in the bankruptcy ...

Chart shows Detroita's deficits, revenue, operating expenditures and unemployment; 2c x 4 inches; 96.3 mm x 101 mm; Graphic shows population, unemployment and other data; 2c x 5 inches; 96.3 mm x 127 ...

(AP) – As the once-proud city of Detroit humbles itself in bankruptcy court, its financial future may hinge on this key question: Is the city obliged to its past? Or can Detroit renege on its promises ...

WASHINGTON (AP) – Detroit’s historic bankruptcy filing is a major setback for public employee unions that have spent years trying to ward off cuts to the pensions of millions of government workers ...

Bankruptcy doesn't disappear from your financial record when the bankruptcy process is complete, even once your debts are ...

The city of Detroit has filed for Chapter 9 bankruptcy, according to the Associated Press, completing the city's long, slow economic slide and marking the largest municipal bankruptcy in history.

(AP) A judge told a courtroom packed with lawyers Tuesday that deals between Detroit and its creditors would be better than years of “horrendous” litigation in the largest public bankruptcy in U.S.

DETROIT (AP) At the height of its industrial power, Detroit was an irrepressible engine of the American economy, offering well-paying jobs, a gateway to the middle class for generations of autoworkers ...

Citing the state's constitution, which bars actions that would reduce the pensions of public employees, a Michigan judge stepped in on Friday to block Detroit's historic filing for bankruptcy. Lawyers ...