Money Snatchers

New Zealanders’ concerns about debt are restraining the economic recovery as people focus on deleveraging rather than spending money, according to the chief executive of the country’s biggest listed company and largest building materials…

A debt collector has been chasing failed finance company boss Rod Petricevic and his wife Mary in connection with more than $2.2 million transferred to a Petricevic family from a Bridgecorp-related finance company. read more

Well good for them! The Weinstein Company has reached a full restructuring agreement in which insurance company Ambac will pay of $115 million of their debt to Goldman Sachs and Assured Guaranty. …

Debt settlement companies draw regulatory scrutiny

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.

EU debt markets remain under stress after reports Spain is in secret talks for a support package of up to 250bn, the largest rescue in history.

The recent financial crisis in Greece has led to a lot of discussion about whether the United States might one day have a public debt so large that default becomes a real possibility. While the sort of problem Greece is experiencing is …

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

Of course debt is a serious issue for the future. But that’s why politicians see no gain in finding solutions in the present.