Money Snatchers

Companies offering debt-ridden Americans relief from rising credit card balances are making dubious promises and driving them deeper into debt, critics say.

Moto’s composed of a number of fairly distinct divisions that produce vastly different kinds of hardware for different industries; some are cash cows,

X-debt, a trading name of Debts Solved Limited is consistently ranking in the top 10 for approved Individual Voluntary Arrangements in the UK, according to data from The Insolvency Exchange.

Debt relief agencies seem to be getting a bad rap from the media recently and it’s hard to know which programs can actual help consumers avoid bankruptcy. Total Debt Relief explains how to identify legitimate agencies. read more

Debt crisis resembles 2007 subprime crisis: BISDebt crisis resembles 2007 subprime crisis: BIS

The relentless forces of debt , deleverage and default were set in motion by the financial market excesses of the last decade.

Debt-settlement companies claim they can reduce borrowers’ debts by negotiating with creditors. These companies have flourished in the downturn.

Eurozone banks could face a credit crunch as they compete with governments for funds in coming years, analysts and the European Central Bank say.

The European bailout of Greece may have prevented “catastrophic” results but Europe needs to take further action to resolve the region’s debt crisis, Chrysler Chief Executive Sergio Marchionne said on Thursday.

Letting U.S.