Stephen Baldwin has filed for Chapter 11 Bankruptcy in the state of New York.  Court documents reveal that the actor has in excess of $2.3 million in debt and a mere $1.1 million in assets.
The 43-year-old Baldwin owes around $1.2 million on two unpaid mortgages on his property in New York and over $1.1 million [...]

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The recession of 2009 has claimed another victim.
Ritz Camera has filed for Chapter 11 bankruptcy protection.  The chain says the main reason is that sales were much lower than expected during the 2008 holiday season.
Chapter 11 bankruptcy is actually just a reorganization, which means that Ritz Camera will probably be around a while longer.  However, [...]

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