Money Snatchers

On July 29, 2010 the Federal Trade Commission reined in the Debt Settlement Industry as a whole.

The Justice Ministry will revise the debt repayment law in a bid to lower the number of bad debt and bankruptcy cases, says minister Pirapan Salirathavibhaga.

A third straight day of decline on world financial markets raises fears that the debt crisis that began in Greece will spread across Europe like a virus.

Dear Dave, My husband and I are on Baby S tep 2 of your plan, and we’re working hard to pay off all of our debt. We’re Christians, but would it be a good idea to decrease our traditional 10 to 15 percent tithe while we work through the debt snowball?

Oil prices rose for a third consecutive session Wednesday amid optimism that a rescue plan for Greece and other debt-challenged European nations may be near.

Oil prices rose for a third consecutive session Wednesday amid optimism that a rescue plan for Greece and other debt-challenged European nations may be near.

Iqaluit, Canada — Global economic leaders sought to reassure markets that the debt contagion spreading across southern Europe was under control, expressing confidence that Greece could bring down its debt levels without outside intervention.

The House is expected to vote next week on the $1.9 trillion increase in the debt ceiling, to $14.3 trillion.

— Bondholders and creditors have begun mobilising in response to Dubai World’s $26bn restructuring plans, as Dubai’s ruler on Tuesday sought to reassure investors that his debt-laden emirate’s economy remained sound.

WASHINGTON — In the often murky waters of the debt collection industry, United Recovery Systems in Houston is considered a “whale hunter.”