Charter Gets Closer To Reorganization - Changes executive pay on road to prepackaged bankruptcy plan

It may not be a very good year for industry black sheep Charter Communications, who is rumored to be eying bankruptcy and reorganization this year, as the carrier continues to struggle with a huge debt load. The company recently laid off 75 employees, and announced they'd be consolidating its west, east and central divisions into just west [more...]

Date: 2009-01-15 12:57:39

Blog posts (83) | Videos (66)
 

Don’t let Credit any Credit Card Company Keep you Down

by Denzel Abintenk Unfortunately it is very normal for people to get themselves into severe debt using their credit cards that they require the ... and quickly find yourself in exactly the same position again. Credit card debt is a vicious circle, once ... which encourages you to spend more. The best way to prevent credit card debt is to be cautious [more...]

Date: 2009-01-14 20:27:27

Is It Time For A New Mortgage Calculator

If You Get A Call From Your Mortgage Company Realtor Federal and State laws are on the side of those who are in the unfortunate predicament of ... and respectability–as long as a collection agency is the one at hand, not the original creditor. Most people ... or personally involved in it. And very few realize that debt collectors are comprised of debt [more...]

Date: 2008-11-29 02:38:23

Consumers' New Found Embrace of Savings Will Make for a Nasty Downturn

The blow to many Americans' net worth via diminished home values and shrunken retirement accounts has lead to a new found insecurity and ... by credit card companies, banks, and auto lenders getting more stringent and, where applicable, cutting ... are not particularly keen to extend credit to them. We have long warned that America's debt-fueled [more...]

Date: 2008-10-21 04:06:27

The Squeeze is On

This article appears in the December 2008 issue of Oilweek.By Peter McKenzie-Brown“I’d rather you didn’t mention the company by name ... financial markets is only the killer blow in a credit squeeze within Canada’s petroleum sector ... debt-induced asset bubble, get squeezed out of further borrowing. A contraction in the growth [more...]

Date: 2008-11-20 15:17:00

Is Revver On The Fritz?

We’ve been getting a lot of tips from people who have been having problems reaching the Revver website lately, ... 2007, everything looked rosy when the company said it had managed to pay $1 million to video producers and their affiliates over a period of one year. By February 2008, the company was collecting debt [more...]

Date: 2008-11-01 17:40:35

Repairing Your Credit

We’ve all seen them. “Send me 99.95 and I’ll fix your credit and you can get a one million dollar credit card tomorrow ... your credit. It is not meant in any way to be legal advice. We will discuss several things in this article such as how credit works, paying or settling debts, credit repair companies, and establishing new [more...]

Date: 2009-01-12 01:08:35

Credit Card Settlement Can Trigger Tax

Credit card banks may offer settlement at a reduced amount if you get behind and fail to keep current on your payments. My colleague, Doug Jacobs, talks about Negotiating Your Credit Card Balance in an earlier series of articles on this website. However, if a bank or other finance company agrees to settle a debt [more...]

Date: 2008-09-07 00:48:44

Auto Execs Starting to Get It?

Bad PR works wonders, apparently. Just two weeks after incurring public wrath for flying private jets to Washington in order to beg for bailout ... the company's heavy debt load and consolidate or sell at least one of its eight automotive brands [more...]

Date: 2008-12-02 22:55:24

Midway Games Financial Woes Worsen

Midway Games, who have had some well documented financial problems in the last several months, ... affect as a Lazarus Pit), to try to help them get out of their latest problem. The company, which was just sold off for $100,000 and a whole bunch of debt, is now being told it’s about to default [more...]

Date: 2008-12-05 18:21:20

Exelon Lowballs Warren Buffett in NRG Bid

Warren Buffett didn’t get where he is by buying low and selling lower. But that is what Exelon is asking the billionaire investor to do ... for NRG in a short-lived hostile attempt in May 2006. Consolidation in the sector is much expected. UBS ... as the strongest among its rivals for its beefy cash position–the company can cover its current debt and [more...]

Date: 2008-10-20 15:21:56

2008 Debt

Our homeowners insurance company decided to cover all our expenses for the new A/C unit at our house ... that I hope to get this weekend, best news of all NO CREDIT CARDS! All paid with CASH! Click ... I have some bad news to report, the balance on the CITI Premier Pass card is up this month. The current [more...]

Date: 2008-12-31 06:27:58

Fears have been raised over the future of Aston Martin

Aston Martin’s future is blurry after it had been reported that Kuwait’s Investment Dar, which owns half the company, confirmed that it had problems refinancing its debt. Affected by the economic downturn, Investment Dar said that it has signed an agreement with investors and creditors to freeze claims, allowing it to have more time for restructuring.In 2007, a consortium led by Dave Richards bought Aston Martin from Ford for £480 million to get the majority stake. [more...]

Date: 2009-09-29 16:39:02

GMAC gets help from $21.2B debt swap

By David Goldman CNNMoney.com staff writer NEW YORK (CNNMoney.com) ... would help it become better capitalized and viable for the future. The company, which provides loans to auto dealers and customers, said holders of $21.2 billion of its debt have agreed to a plan [more...]

Date: 2008-12-31 15:30:07

Another Original LR Translation: Milov on the Gas War

Vladimir MilovA note from the translator: Russians can get clear information from a few remaining sources in their country ... not that this was even a debt to Gazprom but to intermediary companies. When the Ukraine agreed and set a payment [more...]

Date: 2009-01-13 11:48:46

THE FROZEN IPO MARKET

The stock market has traditionally been a great place for private companies with a small group of owners to a get a return on their initial ... to raise $450 million to pay off current investors and help finance future wind power projects ... . "If we are unable to obtain additional debt or equity financing, we may have to curtail our development [more...]

Date: 2008-12-30 13:21:58

Good News - Post Office to Layoff Only 40,000 Workers. Bad Time to Be In Delivery Business.

A friend called to tell me about the latest buzz of the postal service laying off 40,000 workers ... From Debt Collection, the Debt Collector, and Creditors I’m Afraid I’m Going To Get Laid Off. How ... of the country’s 1,300 post offices would be closed. According to the APA news agency, the company’ [more...]

Date: 2008-11-11 21:16:24

Getting Ready to Close the Books

The last day of trading beckons with markets on target for the worst year since 1931, ... on what is to be a lightly traded session with more clock-watching than anything else. Shares of General Motors ticked slightly higher, and the debt of General Motors Acceptance Corp. rallied after the company [more...]

Date: 2008-12-31 14:12:07

The Better Place for Debt Consolidation

Having a lot of debts is surely confusing and might cause us a serious headache. There are many companies or individuals have suffered from such financial burdens and many of them have also experienced a total bankruptcy. In order to get rid of these financial burdens and gain a better life out of the debts therefore we absolutely need strategic steps. One reliable source of information that can be your best reference to have a debt free living can now be found in Debtconsolidationbenefits.com. [more...]

Date: 2009-06-01 02:16:24

Choosing the Correct Debt Management Service For You

When going about choosing a debt managment service, there are probably several different questions that might be running through your mind as you ... endeavour to get on top of your finances. If you’re able to see past the fear of being in debt, then the questions you should be asking yourself are, which companies are ... [more...]

Date: 2008-11-21 06:30:02

How to survive a layoff

Financial crisis has forced many companies to save the money, by letting some of the employees go, in order to survive ... do with the money you get from your ex-employer is to make a payment for any debt you have, home loan, creditcard payment or personal loans. If you are failing to pay up it may come to hound you later, via [more...]

Date: 2008-10-21 12:29:06

Volunteer first responders in Forest, Warren McKean get PEMA $

Representative Kathy Rapp announced today that 31 volunteer fire and ambulance organizations throughout Forest, ... company or ambulance facility, purchase or repair of firefighting, ambulance or rescue equipment, or debt reduction. [more...]

Date: 2009-01-15 15:35:27

Debt Consolidation

Debt Consolidation December 29th, 2008 It is quite alarming to know that families find it hard to get by from day to day on average combined ... from and they have more than their loaned amount to pay from interest alone. Most credit card companies charge a whopping 400% interest per year if you aren’t really able to completely pay your credit card [more...]

Date: 2008-12-29 02:07:05

Tax Resolution Companies- watch out for them....

You hear it on late night TV, early in the AM while you getting ready for work, and in the mail (or spammed e-mail!) ... solution to resolve your debt. The IRS operates in a business type manner as a collection agency ... is a Collection Agency with great collection powers5. You have options- you just need to know them [more...]

Date: 2008-12-30 14:27:00

Credit card companies greedy plans have thrown them into the ringer

It is astounding how ugly the situation is getting in the American economy.  It appears like every week there is a fresh scam or another huge financial institution or bank needing capital.  This is making most consumers very frightened and has almost made every market seize up.  Unfortunately I don’t feel we have yet to endure the worse of what may happen.  There is another timebomb waiting to explode that has yet too really hit home and that is the unsecured debt crisis.  Each month more Americans [more...]

Date: 2009-09-24 14:47:25

Stuff Gets Out Of Hand At Level 3 (LVLT)

Sunset Level 3 (LVLT), the troubled telecom company is trading off nearly 25% today to $1.13 with no news. The firm carries a lot of debt at $6.4 billion and has modest operating income [more...]

Date: 2009-01-12 16:35:12

Get your life back with dept solutions

Desember 31, 2008 at 9:30 am | In general | Tags: dept solutions Most people in this world have a debt ... understand. Yes, debt incurred by credit cards, tax debt, medical bills, old repossessions, personal loans ... that can help you to overcome your dept problems, this service is not a credit card companies. This service [more...]

Date: 2008-12-31 02:30:18

Can a credit card company take my home or wages?

I have received a number of calls from people who are concerned about just how far a collector can go to get money from them ... : 1. place a lien on property you own 2. seek a wage garnishment 3. levy accounts 4. appoint a receiver ... .  Often people are scared because the debt collector is making a number of threats or implications [more...]

Date: 2008-11-17 23:40:32

Looking for Materials About Iva – Find them Here

The main function of any debt management company consists in helping a person head and ears in debts or a business that is burdened by debts to get rid of all the debts. It does not intend a debt management company giving an other loan to pay back the debts. Instead of providing the loan and thus creating more debts, such a company negotiates with all the credit lenders aiming on consolidating the debts of a client into one affordable sum of money which can be repaid in monthly installments. [more...]

Date: 2009-09-26 15:18:41

Debt Get Out of - are You Financially Dyslexic?

To be honest, I started writing this article around a keyword that I wanted to capture attention for, which is “debt get out of” ... the credit card companies will push when someone gets into the debt get out of situation. * Debt ... of 2001-2006, but these days, debt consolidation loans are difficult to qualify for. Unsecured debt [more...]

Date: 2008-12-19 04:00:45

Credit Card Debt Consolidation Services

Do not fall prey to counterfeit debt consolidation companies. Play smart and get to know everything that you need to Debt consolidation companies offer to take your debt burdens away and provide you with little peace of mind. This might be the apparent case but not everywhere. Some companies would be ready to take your undue advantage when you are emotionally drained and are facing high pressures from your creditors. They will be charging with high front fees and many hidden costs. [more...]

Date: 2009-09-08 06:26:58

Free Debt Consolidation Services

Amazon.de Widgets Do not fall prey to counterfeit debt consolidation companies. Play smart and get to know everything that you need to Debt consolidation companies offer to take your debt burdens away and provide you with little peace of mind. This might be the apparent case but not everywhere. Some companies would be ready to take your undue advantage when you are emotionally drained and are facing high pressures from your creditors. They will be charging with high front fees and many hidden costs. [more...]

Date: 2009-09-02 06:40:14

is it true if you use debt consolidation svc, they want your power of attorney to act on your behalf?

I've delayed getting help for credit-card debt because I was told by one company they want my power of attorney which needs to be notarized before I can do business with them. I think that's scary! Yes….this is true. Most want a limited power of attorney… Stay away from any "debt consolidation" company that promises to cut your debt in half through debt settlement….This is a risky tactic of deliberately ceasing all payments to creditors and forcing your accounts into default to attempt settlements. [more...]

Date: 2009-06-18 06:21:17

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