Debt Personal Debt Relief News for 10/30/2008



Groups seek credit card debt forgiveness (Austin American-Statesman)
An alliance of financial industry interests and consumer advocates Wednesday asked federal regulators to allow lenders to reduce by as much as 40 percent the amount of credit card debt owed by deeply indebted consumers in a special program...

Fishermens Debt Relief Commission next month - Hindu

Hindu

Fishermens Debt Relief Commission next month
Hindu, India - Oct 29, 2008
THIRUVANANTHAPURAM: The Fishermens Debt Relief Commission will start functioning in the State from November 1 with the Cabinet approving the rules on .
Fishermens debt relief panel from Nov 1 Express Buzz
all 2 news articles
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Groups seek relief for credit card debtors (Seattle Post-Intelligencer)
WASHINGTON -- An alliance of financial industry interests and consumer advocates asked federal regulators Wednesday to allow lenders to reduce by as much as 40 percent the amount of credit card debt owed by deeply indebted consumers in a special program...

Kerala to have fishermen's debt relief commission from Nov 1 - Press Trust of India

Kerala to have fishermen's debt relief commission from Nov 1
Press Trust of India, India - Oct 29, 2008
The state cabinet today approved the rules and regulations for Kerala Fishermen's Debt Relief Commission, first of its kind in the country, Chief Minister .
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Summary Box: Banks ask for credit card debt relief (AP via Yahoo! Finance)
CREDIT CARD CALAMITY: Consumers, even those with solid credit records, have been defaulting at high levels on their credit cards. Banks battered by the mortgage and credit crises are losing tens of billions of dollars from the unpaid debt...

Groups Seek Credit Card Debt Forgiveness (Fox News)
An alliance of financial industry interests and consumer advocates asked federal regulators to reduce their debt...

Mayor Bloomberg: Relax some tax deadlines (New York Daily News)
Mayor Michael Bloomberg wants to relax tax deadlines for some property owners, launch a public awareness campaign about debt and create a Web site for laid-off financial workers as part of his plan to give short-term relief to New Yorkers amid the economic downturn...

Lawyers Lose Licenses Over Debt Relief. Dangerous Waters For All.
Jeffrey Tromberg, a bankruptcy lawyer with the Florida Debt Relief Center in Fort Lauderdale, said many clients come into his office only after wasting thousands of dollars on debt-relief companies. He wants to see them outlawed, ...

Summary Box: Banks ask for credit card debt relief
All Associated Press news. (AP) - CREDIT CARD CALAMITY: Consumers, even those with solid credit records, have been defaulting at high levels on their credit cards. Banks battered by the mortgage and credit crises are losing tens of ...

Comment on EURDebt-Relief Firms Attract ComplaintsEUR by David Wisniewski
My firm has represented various people who signed up for EURdebt reliefEUR companies - and all of them felt ripped-off. From the thousands of dollars in up-front fees that had to be paid before any work was done, to them telling the people ...

Debt relief plan for SS funds slammed - Bangkok Post

Debt relief plan for SS funds slammed
Bangkok Post, Thailand - Oct 28, 2008
Labour organisations have strongly opposed a plan by labour and education ministers to use the Social Security Fund (SSF) to refinance teachers' debts, .
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Debt
Writen by Al Thomas. We all know about debt. If you don't have too much as an individual you can increase the quality of your life, but with more than you can handle it can make your life a nightmare. There are two kinds of debt. ...

Fishermens Debt Relief Commission next month (The Hindu)
VS says Keralites with terror links being arrested..

Zoellick EURmisled storm-struck Haitians over debt cancellation - Bay Area Indymedia

Zoellick EURmisled storm-struck Haitians over debt cancellation
Bay Area Indymedia, CA - 8 hours ago
[5] o Under HIPC and the Multilateral Debt Relief Initiative that follows completion of HIPC, as well as an associated agreement by the Inter-American .
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Start to Repair Credit Report Score: Tips and Ideas
For whatever reason it may have happened, if you have bad credit, the fact of the matter is that you are going to need to start dealing with it. With bad credit you will not be able to do a lot of things, and will certainly not be able ...

When debt is easy to bank up - The Age

The Age

When debt is easy to bank up
The Age, Australia - 15 hours ago
Deborah Southon, of Fox Symes and Associates, a debt relief organisation, said an increasing number of consumers have contacted them about credit card debt .
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Lufthansa seeks AUA debt relief, Austria complies (Reuters via Yahoo! Philippines News)
* Lufthansa asks Austria for "fair" split of airline debt..

A Financial Guide to Debt Relief
One of the hardest things to do in this world is to have a debt while the easiest is to come out of it. No readers, am not wrong! Making your way out of your financial abyss is really easy now. All you need to do is to spend some of ...

Comment on EURDebt-Relief Firms Attract ComplaintsEUR by gitarcarver
A good friend of mine worked for a credit counseling company. Like any profession, there are good people and bad people. She was lucky to work with one of the good ones. The company would both help you in money management and deal with ...

No relief in sight for NBFCs (Express India)
On Wednesday, the Reserve Bank of India allowed non-banking financial companies to raise funds by issuing perpetual debt instruments that can be included in their Tier-I capital. But market players and analysts feel this is unlikely to help NBFCs' brimming cup of woes...

Debt Relief Help Shouldnt Cost You More Money
Debt relief help is something that most people would love to have. When youre in debt, theresa huge weight on your shoulders, it causes stress at work and at home and it can often put a strain on the entire family. Debt relief help is ...

No Debt Relief for Haiti - Vatican Radio

Voice of America

No Debt Relief for Haiti
Vatican Radio, The Vatican - Oct 23, 2008
But he offered no immediate debt relief for the chronically impoverished country. Ending a three-day visit, Zoellick pledged long-term help to keep the .
World Bank: Storm-struck Haiti at 'tipping point' The Associated Press
Debt forgiveness for Haiti by mid-2009 SKNVibes.com
all 83 news articles
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Know the Details of the Mortgage Forgiveness Debt Relief Act - RisMedia.com (press release)

Know the Details of the Mortgage Forgiveness Debt Relief Act
RisMedia.com (press release), CT - Oct 29, 2008
Now, because of the unique stresses in the housing industry lately and on our whole economy, last December Congress stepped in to provide temporary relief .
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Debt Relief
One of important thing to be debt relief is saving your money. Saving money is a great habit to get into. A great way of saving money and reduce debt is to start transferring a small amount of your earnings into a separate account. ...

The Basics Of Filing Bankruptcy
If youre considering filing for bankruptcy there are a few basics you need to know. Luckily, there are a number of on the web resources that may not only educate you as to the ins and outs of bankruptcy but can also help you with your ...

Debt relief companies under statewide investigation - Bizjournals.com

Debt relief companies under statewide investigation
Bizjournals.com, NC - Oct 15, 2008
All the companies involved purportedly offered debt relief services, including credit counseling, credit repair, debt management and credit card rate .
Two Local Debt Relief Companies Face State Scrutiny First Coast News
State investigating abuses in debt-relief industry Daytona Beach News-Journal
State Attorney General Takes Aim At Debt Relief Companies Tampa Tribune
Florida Times-Union - Central Florida Political Pulse
all 56 news articles
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Judge Grants Metro Temporary Relief on Bank Loan (FOX 5 Washington D.C.)
A federal judge has granted temporary relief to Metro after a Belgian bank threatened to immediately collect $43 million from the transit agency. On Thursday, one of the banks that Metro deals with declared the transit agency in technical default. Metro managers say the banks are using a pretext to escape from long-term deals that the banks now want to get out of. FOX 5's John Henrehan reports...

Gilman Ciocia, Inc. Provides Year-End Tax Planning Tips - MarketWatch

Gilman Ciocia, Inc. Provides Year-End Tax Planning Tips
MarketWatch - Oct 29, 2008
The Mortgage Forgiveness Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of debt on their principal residence. .
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Summary Box: Banks ask for credit card debt relief - Forbes

Summary Box: Banks ask for credit card debt relief
Forbes, NY - 5 hours ago
Banks battered by the mortgage and credit crises are losing tens of billions of dollars from the unpaid debt. UNUSUAL ALLIES: Big banks have joined with .
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Mayor Offers Short Term Relief to Help New Yorkers Through Economic Downturn (WNYC New York Public Radio)
Mayor Bloomberg wants to relax tax deadlines for some property owners, launch a public awareness campaign about debt and create a Web site for laid-off financial workers as part of his plan to give s....



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