According to Reynolds, recent and upcoming developments affecting Illinois residents include: ...

From construction firms to transportation companies, major Illinois industries filed for bankruptcy protection amid economic challenges.

Twice in the past three years, Kimberly Williams-Hayes has filed for bankruptcy. The first time, she made about $5,400 in total payments toward her debt before her case was dismissed, when she failed ...

A state hasn't gone bankrupt since the Great Depression. The specter of another economic depression has revived the once far-fetched idea. Illinois' fiscal plight makes it a top candidate, but how ...

CHICAGO (WLS) -- The federal judges who pulled Detroit from the bowels of the largest municipal bankruptcy in U.S. history learned some lessons that they believe could help Chicago and Illinois out of ...

Whether a dispute that is subject to arbitration can or must be referred to arbitration after one of the parties to a prepetition arbitration agreement files for bankruptcy has long been a source of ...

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