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Debt Financing

Rescue Bill for Puerto Rico Looks Set to Win Final Approval

A restructuring bill for Puerto Rico's debt passed a key vote, which increases the likelihood that it will be approved.

Golden Gate Likely to Take Ownership as PacSun Files for Bankruptcy

Pacific Sunwear has opted to file for bankruptcy to implement a reorganization plan backed by San Francisco's Golden Gate Capitals.

Bankrupt Sports Authority to Shutter Up to 200 Troubled Stores

Sports Authority filed for bankruptcy on Wednesday after the sporting goods retailer failed to overcome competitors on both the traditional and online fronts.

Credit Card Debt Surpasses 2009 Levels, Despite Low Gas Prices

Credit card debt is on the rise, eclipsing 2009 levels, the year the economy suffered the worst downturn since the Great Depression.

Chesapeake Energy Says it Has No Plans to File Bankruptcy

Chesapeake Energy saw its shares drop dramatically Monday after several trading halts, as investors worried about a possible bankruptcy filing.

Will Southwestern Energy Be Removed From TheStreet’s Stressed Out Index?

Shares of Southwestern Energy rose 25 percent in January, while the broad S&P 500 slumped 6 percent.

The Holidays Are Over: Here’s How to Dig Out of Credit Card Debt

It may be time to put your credit cards in the freezer – literally – and chip away at some of the holiday season's credit card debt.

Celebrity Retailer Kitson Liquidates as Vendors Weigh Options

As many of its vendors weigh the possibility of putting it into bankruptcy involuntarily, upmarket retailer Kitson is already looking to wind down stores and sell its brand.

Refinance Your Students Loans Now Before Interest Rates Head Higher

With a rising rate environment approaching, anybody holding a student loan should consider refinancing, said Brendan Coughlin, president of consumer lending at Citizens Bank (CFG).

Avoid Puerto Rico Munis, High Yield Bonds and Troubled Drillers

Investors may be too wrapped up in the slipping U.S. stock market to notice Puerto Rico’s troubles, but the Island’s problems are worsening.