New loans doable with debt management plan
Posted on March 1, 2011 by
Dear Debt Adviser, My question concerns so-called debt management plans , or DMP, administered by nonprofit credit counseling agencies.
Continue ReadingArchive for the Other – Taxes Category
Japan Debt Outlook Lowered by Moody’s on ‘Inexorable’ Debt
Posted on February 22, 2011 by
Japan’s debt rating outlook was lowered to negative from stable by Moody’s Investors Service on concern that political gridlock will constrain efforts to tackle the biggest debt burden of any nation.
Continue ReadingDebt reduction without default
Posted on February 18, 2011 by
Europe urgently needs to implement a market-based emergency program to deal with overly indebted countries, which would then act as a bridge to creating a major European Monetary Fund. 19 Feb 2011 12:04 AM
Continue ReadingDebt deal: ‘History will condemn us’ if U.S. punts
Posted on February 16, 2011 by
Talk about not mincing words. Democrat Kent Conrad, the Senate budget chairman, laid bare his extreme frustration with President Obama’s 2012 budget request this week.
Continue ReadingRomanian Debt Yields to Remain Around 7% on Inflation, BRD Official Says
Posted on February 15, 2011 by
Romanian debt yields may remain around 7 percent as concern about inflation prevents a further decline in borrowing costs, BRD-Groupe Societe Generale SA Deputy Chief Executive Officer Claudiu Cercel said.
Continue ReadingReprieve granted to debt advisers
Posted on February 12, 2011 by
Hundreds of specialist debt advisers facing redundancy have won a temporary reprieve after the government found £27m.
Continue ReadingFord to Cut Debt by $3 Billion
Posted on February 10, 2011 by
DETROIT — Continuing its aggressive efforts to reduce debt, Ford said Thursday it will redeem $3 billion in preferred securities in March, reducing annual interest costs by about $190 million. As of December 31, the automaker reported debt of $19.1 billion, after reducing debt by $14.5 billion during 2010. Debt reduction has been a recent priority for both Ford and GM
Continue ReadingThe Truth About the Debt Ceiling – Reason Magazine
Posted on February 3, 2011 by
The statutory debt limit, or debt ceiling, was designed to control congressional spending by limiting the amount of debt the federal government could accumulate. Clearly, it has not fulfilled its legislative purpose
Continue ReadingRetirements Swallowed by Debt – NYTimes.com
Posted on January 26, 2011 by
The elderly are increasingly in debt , experts say — and their families often have no idea.
Continue ReadingOdds Are Against a Greek Debt Restructuring
Posted on January 24, 2011 by
It is now far more likely that the I.M.F.
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