April 28th, 2008
House Corrects Error in Debt Relief BillCQPolitics.com, DC - Apr 23, 2008The House on Wednesday corrected a wording glitch that had gutted key portions of a bill granting debt relief to poor countries. …
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Kuwait considers debt relief IraqRadio Netherlands, Netherlands - Apr 23, 2008Kuwait City - Kuwait is seriously considering to forgive Iraq its past debts. The final decision however should de made by the UN Security Council, …
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Debt Relief
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March 15th, 2008
Atlanta Journal Constitution - celebrates its 30th anniversary this weekend, it might be safe to assume that there will be more than a few sighs of relief. In 1997, staggering under $900,000 in debt, the museum filed for bankruptcy. Read More
Baltimore Sun - Mortgage debt forgiveness relief It’s a tragic scenario: You owe $300,000 on your home when the bank forecloses. The lender sells the house for $250,000. Read More
Debt Relief
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March 14th, 2008
SUSAN TOMPORDetroit Free Press, United States - 21 hours agoGiven the painful housing slump, though, it's essential to know that this tax break would apply in the future for mortgage debt relief given in 2008 and …
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Signs act as debt reliefNews & Observer, NC - Mar 10, 2008RALEIGH - Taking a cue from about every professional sports stadium in the country, Wake County commissioners approved a deal to settle $4.9 million in debt …
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Debt Relief
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March 14th, 2008
Forbes - The program will accept a broad range of collateral, including federal agency debt and mortgage-backed securities of Fannie The news sparked a massive stocks rally and brought relief to the badly battered dollar. Read More
Barron’s Online - The Fed’s latest procedure appears to be getting relief where it’s needed the most, the market for mortgage-related securities The new treatment, called the Term Securities Lending Facility, provides financing for agency debt and mortgage-backed Read More
Forbes - With recent trends showing considerable pickups in charge-offs month after month, we believe these data are a welcome relief Recoveries on potential losses increased during the month because of rising debt sales, Brendler wrote in a note. Read More
Debt Relief
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March 13th, 2008
The Australian - We have seen a bit of a relief rally in the financials here, with some recycling out of resources into the banks, which make Mr Turner said the recent sell-off in banks, due to worries they were taking on too much debt, meant bargain hunters were Read More
Stockhouse Canada - The new facility is up to a 28-day term and accepts agency debt, agency residential [mortgage backed securities], AND AAA contaminates the balance sheets of financial institutions [this move] should provide a generous bout of temporary relief to Read More
Kansas City Star - The Federal Reserve on Tuesday announced it is ramping up efforts to provide more relief to cash-strapped financial They would pledge other securities - including federal agency debt, federal agency residential-mortgage-backed securities Read More
Detroit Free Press - The Federal Reserve took a creative stab at providing much-needed relief in the credit crisis Tuesday, giving an immediate Many families are continuing to make timely payments on their mortgages, so all mortgage debt is not worthless. Read More
Debt Relief
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March 5th, 2008
PR Inside - In response to al-Bashir’s comments last week, Danish Aid Minister Ulla Toernaes said Thursday that Denmark would oppose any international debt relief deal for Sudan. Read More
San Francisco Gate - Tom Loonan, vice president of the State Bank of Easton in Minnesota, suggested that debt relief for some who got in over their heads may anger others, who took out mortgages that they could afford. Read More
The Australian - But she is unusual in that she has no debt. The average woolgrower had a debt of $354,320 last June, making rising interest After five years of drought and having to outlay a lot of money for feeding in that period, this has been a real relief. Read More
Reuters - Hovis maker Premier Foods cuts div, rejigs debt Shares in the firm jumped 14 percent to 105 pence in early trading on relief the firm was unlikely to overstep its banking Read More
Minneapolis Star Tribune - This year the city’s top three priorities are restoring local government aid from the state, advancing the Central Corridor light-rail line and getting debt relief for the RiverCentre convention complex and Xcel Energy Center. Read More
Debt Relief
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March 4th, 2008
'Loan writeoff big eyewash'Times of India, India - 12 hours agoSidhu said since the overwhelming majority of small and marginal farmers are likely to miss out on the proposed debt relief as they have taken loans from …
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Debt Relief
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March 4th, 2008
Tribune - We have dealt with issues like water management, irrigation, seed development, better minimum support price and now debt relief for farmers. Even though farming is a state subject, yet the states have looked up to the Centre for most of their needs Read More
IBN LIve - A debt relief always leads to a culture of defaults, a loan culture not tolerated by banks in urban areas. Recovery agents (read thugs) are set off against the defaulter in urban area, no excuses, no escape. Read More
Khaleej Times - The advertisement featuring Pawar prominently projects how the cause of the farmer was close to the heart of the NCP leader as he announced the first debt relief in Maharashtra in 1978 heading the PDF government formed by him after breaking away from Read More
Guam Pacific Daily News - Aflague said the hospital works within individual agreements with each vendor about how much debt is acceptable. The vendors who put us on credit hold are the ones who will be paid it should cause some relief,” he said. Read More
San Jose Mercury News - On top of that, the governor announced the state had borrowed $3.3 billion - what was left from those debt relief bonds voters previously approved. Read More
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March 1st, 2008
Boston Globe - COPENHAGEN, Denmark— Denmark said Thursday it will oppose any debt relief deal for Sudan in response to the Sudanese president’s comments urging the Muslim world to boycott Danish goods over the publication of a Prophet Muhammad cartoon. Interior Read More
Slate - Those people who are now threatened with the foreclosure of their homes will be visiting my office soon, as well as the offices of other bankruptcy attorneys (oops, my bad: other “debt relief agencies”), but without the protections Chapter 7 and 13 Read More
Debt Relief
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