Posts Tagged ‘Debts
‘Squatter’s rent’ gives homeowners cash for debts
Melissa White and her husband stopped paying their mortgage in May 2008 after it reset to $3,200 a month, more than double the original rate. That gave them extra cash to pay off debts and spend on staples until their… View full post on All Stories
Spain banks’ bad debts hit new high
Spanish banks’ non-performing loans ratio, a key indicator of their financial health, jumped to 6.19 per cent in February, the highest level since September 1995, the Bank of Spain said yesterday. The bad loan rate was 6.06 per cent in January, which was the highest level since November 1995. Spain’s lenders, especially its regional savings [...]
IVA or Individual Voluntary Agreement: – A Smart Deal of Curbing Your Mounting Debts
Are you tagged up with the name of bad creditor? Are you pilled up under the burden of multiple debts? Have you forgotten to deposit your installments on time? If your debt situation has go out from your hands and you are near the condition of bankruptcy then IVA or Individual Voluntary Agreement is the [...]
Mounting State Debts Stoke Fears of a Looming Crisis
The budget imbalances and debt in states and localities remind some analysts of the run-up to the subprime mortgage meltdown, or of the crisis hitting Europe. View full post on All Stories
Takefuji to file for bankruptcy Tuesday: sources
Japan’s Takefuji Corp <8564.T> plans to file for bankruptcy on Tuesday with $5.2 billion in debts, sources said, making it the biggest consumer lender to fail under the weight of court-ordered interest repayments and tighter lending rules. View full post on All Stories
Pull yourself Out of your Debts With Bad Credit Loans
The news is official. More and more people in UK are sinking in the quicksand of debts. More and more people are filing for bankruptcy. Essentially, bad credit is the bad thing that happens when someone spends beyond his/her means. If you are under bad credit, there is a way out. Bad credit personal [...]
