When you're going through bankruptcy ... you get approved for credit cards and loans again. "The key to rebuilding your credit score is to have an open, active account with a history of on ...

Zips Car Wash filed for bankruptcy protection in Texas on Wednesday, seeking to cut $279 million in debt and hand control of the business to its lenders.

and now Champ Car has officially filed for bankruptcy. The disruption of the scheduled 2008 Champ Car season leaves contracts broken and bills to pay, but no event revenue to balance the budget.