WASHINGTON — Are you feeling financially stressed as 2024 comes to a close? You’re not alone, not even close. In fact, 7.8 million Americans have delayed payments on at least one of their credit ...

Companies facing financial distress use a variety of strategies to avoid bankruptcy. They often focus on cutting costs, ...

Imagine your business steadily climbing the ladder of success when a misstep in the market suddenly leads to a financial stumble. Assets underperform, capital markets dry up, and cash flows dwindle, ...

For public companies and the directors that serve them, managing through financial distress can attract a significant amount of scrutiny and litigation risk. In this week’s post, my colleagues discuss ...

Key steps business owners and management can take to mitigate the risk of financial distress during a financial crisis, including action items for workouts with lenders and strategies if bankruptcy ...

The top three states that had the most people who were in financial distress in 2025 were Texas, Florida and Louisiana. More residents in red states said they were in financial distress compared to ...

NEW ORLEANS (WVUE) - Many Louisianans are feeling the pinch of financial pressure due to a confluence of factors. “Yes, we’re under stress. Everybody’s suffering, you know,” said Calvin Jones. “The ...

Auto loan delinquencies and defaults continue to rise as do repossessions. While Ally offers mortgages and credit cards, auto loans represent 78% of its finance receivables and loans. In Q3, 33% of ...

Even before the COVID-19 crisis inflicted damage across the economic spectrum, many people in the United States were financially distressed. A third of individuals had at least one debt in collections ...

NASHVILLE, Tenn. (WKRN) — Nashvillians are among many who are feeling distressed amid the rise of significant financial ...

Discussions between law firms and private equity investors reflect sophisticated strategic thinking, not financial desperation, Joseph Tiano writes.