New Delhi: In yet another reform push, the Rajya Sabha on Tuesday passed the Debt Recovery Bill which will help lenders to recover loans faster and clean up their balance sheets now burdened with Rs 8 lakh crore of stressed assets. The Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment)…
Kirsten Buccigrossi graduated in 2010 with $32,000 in student debt spread out over 13 loans. When she tried to lease a car five years later, she discovered the number of loans was hurting her credit score. Ms. Buccigrossi, a sales and marketing administrator for a yacht company in Michigan, earns a salary plus commissions. She…
National Debt Relief shared in a recent article published July 10, 2016 how a lot of consumers are having a hard time dealing with debt problems. The article, titled “4 Ways You Can Deal With Overwhelming Debt Problems,” takes a look at these situations and shares some of the best ways to address these financial…
When I started getting calls from debt collectors more than 10 years ago, I assured them repeatedly that they had the wrong guy. The Steve Rosen they were looking for, who had past-due student loans, credit card debts, and was behind on child support payments, had a different middle name and lived at various times…
Imagine a world in which the standard benefit package at work includes health insurance, 401(k) contributions, and a few thousand dollars to pay off your student debt. More companies than ever are offering that last perk, but it’s still a fringe benefit. Congress has even considered giving companies a tax incentive to do just that.…
LAS VEGAS, Aug. 04, 2016 (GLOBE NEWSWIRE) — Defense Technologies International Corp (OTCQB:DTII) (The Company), a developer of Security and Defense Technologies, announces the completion of debt restructuring and consolidation in preparations to move towards production. On August 01, 2016, the Company closed agreements to buy-out and restructure the third convertible note holder (St. Georges of…
Technology companies from Apple Inc. to Microsoft Corp. have sold more than $100 billion of debt this year even as they sat on more than half a trillion dollars of cash. They did it for two reasons: they wanted to avoid paying taxes, and just because they could. Bond buyers fleeing negative yields on government…
LAS VEGAS, Aug. 04, 2016 (GLOBE NEWSWIRE) — Defense Technologies International Corp (OTCQB:DTII) (The Company), a developer of Security and Defense Technologies, announces the completion of debt restructuring and consolidation in preparations to move towards production. On August 01, 2016, the Company closed agreements to buy-out and restructure the third convertible note holder (St. Georges of…
A deal designed to help Delta recover a $13.4million bad debt from a stalled Christchurch subdivision is expected to take years to realise and comes with no guarantees, it has been revealed. Dunedin City Holdings Ltd chairman Graham Crombie outlined details of the deal in a media statement yesterday, following a marathon discussion behind closed…
Technology companies from Apple Inc. to Microsoft Corp. have sold more than $100 billion of debt this year even as they sat on more than half a trillion dollars of cash. They did it for two reasons: they wanted to avoid paying taxes, and just because they could. Bond buyers fleeing negative yields on government…