creditors

The doors are locked and the mail is stacking up on the floor inside. Austin Plumbing Supply, which has been in business on Burnet Rd for over 20 years shut down earlier this month leaving customers and creditors high and...

Eighteen luxury townhomes on Baltimore's Inner Harbor were sold at auction Monday night. It wasn't a foreclosure sale or a sell-off to appease creditors.

The auction's goal was to re-set prices in the luxury real estate market. Bids started at $329,000 for townhomes that were listed for more than a million just two months ago.

Chrysler's plan to be sold to Italian carmaker Fiat is back on course. The Supreme Court on Tuesday rejected claims from a group of creditors.

Meanwhile, the House has passed the "cash for clunkers" bill. It's a measure aimed at boosting sales of fuel-efficient cars and trucks.

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Debt collection is a booming industry as more Americans find themselves unable to pay their creditors. Yet the strong-armed tactics used by some collection agencies are drawing complaints.