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Getty Images By Aisha Iqbal BBC News Taxpayers in Bradford face years of extra debt as a result of government intervention in the council’s finances, councillors have warned. Last week, ministers agreed to grant Bradford Council 220m of “exceptional financial support” to avoid it effectively going bankrupt. The council will meet on Thursday to rubber-stamp…
By Dave Harvey Business and Environment Correspondent, BBC West The number of people running out of money each month has trebled in the last four years, according to Citizens Advice experts. In 2023, debt advisors in the Bristol area helped many who have a “negative budget”, despite working additional jobs to try and make ends…
Tax debt relief services can help those who owe significant debt to the IRS. Getty Images/iStockphoto Many Americans are gathering their tax documents with the April 15 federal tax filing deadline fast approaching. Most taxpayers overpay during the year and receive a refund, as roughly 64% of tax returns processed before April 28, 2023, resulted…
The US and China, who are competing for influence over the developing world, are partnering to resolve a growing debt risk in emerging markets. Ironically, US politicians have accused China of laying debt traps in developing countries, where countries default on Chinese debt and are allegedly forced to yield assets to China. In a speech…
Last week, the Washington Post reported that President Biden recently pressed Jeff Zients, his chief of staff, on the issue of student debt cancellation, telling him to make sure his team was making the relief as expansive as possible. Thats good news for tens of millions of borrowers. But expansive relief will not be delivered…
PHOENIX Arizona Gov. Katie Hobbs announced the launch of a new medical debt relief program on Monday. Around one million Arizonans will benefit from the program, which is called Affordable Arizona: Tackling Medical Debt for Working Families. Arizonans deserve a break, Hobbs said in a statement. They deserve a government that fights for them, helping…
When President Barack Obama signed legislation in 2010 to create the Consumer Financial Protection Bureau, he said the new agency had one priority: “looking out for people, not big banks, not lenders, not investment houses.” Since then, the CFPB has done its share of policing mortgage brokers, student loan companies, and banks. But as the…
In Australia, many folks are feeling the pinch of financial stress. But amidst the chaos, theres a glimmer of hope: the $10,000 Debt Relief program. Its like a helping hand extended to those drowning in debt, offering a chance to breathe again. In the realm of Australian finances, $10000 Debt Relief Australia emerges as a…
When President Barack Obama signed legislation in 2010 to create the Consumer Financial Protection Bureau, he said the new agency had one priority: looking out for people, not big banks, not lenders, not investment houses. Since then, the CFPB has done its share of policing mortgage brokers, student loan companies, and banks. But as the…