JACK GUTTENTAG: Debt consolidation during a period of rising interest rates – Sarasota Herald-Tribune

Debt consolidation is the conversion of high-rate debt into lower-rate debt in order to reduce total interest costs. Homeowners with large amounts of credit card debt who have unused borrowing power on their home have a consolidation option. Whether or not it is in the homeowners long-run interest to exercise the option, however, turns out…

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Husband of Scottish mum missing for 40 years declared bankrupt over £411k debt – Scottish Daily Record

A former football club vice-chairman, whose wife went missing with her three-year-old son in 1976, has been declared bankrupt. Gordon Macrae, husband of missing mum Renee Macrae, did not defend the action after a fellow Ross County FC director took him to court over an alleged 411,000 debt. Christine Macrae, known as Renee, and three-year-old…

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Former Ross County director declares bankruptcy after racking up £400000 debt – Press and Journal

Businessman Gordon Macrae husband of missing Inverness mum Renee Macrae has been declared bankrupt after a fellow Ross County FC director took him to court over an alleged 400,000 debt. A petition for sequestration under the Bankruptcy (Scotland) Act 2016 was raised against Mr Macrae by Leo Daly at Inverness Sheriff Court. The petition was…

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Tenneco to Restructure North America Ride Control Operations – Business Wire (press release)

LAKE FOREST, Ill.–(BUSINESS WIRE)–Tenneco Inc. (NYSE: TEN) announced today it will close its original equipment (OE) ride control plants in Owen Sound, Ontario and Hartwell, Georgia as part of an initiative to realign its manufacturing footprint to enhance operational efficiency and respond to changing market conditions and capacity requirements. The company expects to begin transferring…

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Maine Will Help Pay Student Debt Of People Who Move There Through A New Tax Credit Initiative – Bustle

College graduates with student loan debt (read: pretty much all college graduates), rejoice and pack your bags. Financial salvation awaits you in the land of lobster and, now, student debt forgiveness. Thats right: Maine will help pay off your student loans if you move to that great northeasternmost state. Excuse me while book my plane…

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