Puerto Rico Officials to Testify on Debt Crisis Before Senate Panel
The officials, who have said that their government would soon run out of cash, will tell the Senate Finance Committee why the island may need federal assistance.
Showing posts with label Debt. Show all posts
Showing posts with label Debt. Show all posts
Monday, September 28, 2015
Thursday, September 10, 2015
New Data Gives Clearer Picture of Student Debt
New Data Gives Clearer Picture of Student Debt
The increases in debt and default rates are concentrated among students at for-profit and community colleges, even though those students borrow less on average.
Your Money Adviser: Debt Collectors to Pay $61 Million in Consumer Refunds and Amend Their Practices
Your Money Adviser: Debt Collectors to Pay Million in Consumer Refunds and Amend Their Practices
The Consumer Financial Protection Bureau also ordered the Encore Capital Group and Portfolio Recovery Associates to pay penalites and stop collections on some debt..
Saturday, August 29, 2015
Puerto Rico Postpones Debt Plan
Puerto Rico Postpones Debt Plan
Citing time lost to a tropical storm, the government put off by one week a plan for a “negotiated moratorium” on $ 72 billion of debt.
Thursday, August 27, 2015
In Debt: Flexible Venue Rules Play Important Role in Multimillion-Dollar Bankruptcy Filings
In Debt: Flexible Venue Rules Play Important Role in Multimillion-Dollar Bankruptcy Filings
There are trade-offs regardless of where a company files, but it can be beneficial for large companies to choose to file in locations where the judges have a lot of experience with bankruptcy cases.
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Friday, August 21, 2015
Debt Is Good
Debt Is Good
A problem with the economy may be that we aren’t in deep enough, not that we’re in too deep.
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