Debt Management News Archive

17-Apr-2009

 

  • Tips to Get Out of Debt and Avoid Bankruptcy (Carteret County News-Times)
    (ARA) - Facing the most difficult economic conditions in decades, many Americans are sobering up to the fact that they're deeply in debt.


  • Debt Management "minnow" Lewis Alexander stands strong after avoiding acquisitions. (PRWeb via Yahoo! News)
    Lewis Alexander Limited, the specialist debt Management, debt Consolidation and IVA advice service has released information about the curent standing of the company after its decline of offer/s made relating to the possible sale of the business over the last 3 years.


  • Treasuries Head for Weekly Gain as Fed Increases Debt Purchases (Bloomberg)
    April 17 (Bloomberg) -- Treasuries headed for their first weekly gain in a month after the Federal Reserve increased purchases of government debt to cut consumer borrowing costs.


  • McGraw Sues TX Debt Management Company (WHSV Harrisonburg)
    West Virginia Attorney General Darrell McGraw is suing a Texas company, accusing it of ruining the credit of at least 21 state residents who paid more than $30,000 for help lifting them out of debt.


  • Newsprint giant vows to tackle debt (Toronto Star)
    MONTREAL?Debt-burdened AbitibiBowater Inc. said yesterday it will continue daily operations and meet its payroll as it restructures under bankruptcy protection from creditors in Canada and the United States, refusing to comment on any immediate job cuts.


  • Treasuries Fall as Economy, Supply Overshadow Fed Debt Purchase (Bloomberg)
    April 16 (Bloomberg) -- Treasuries fell as signs the economy is stabilizing and the government?s plans to borrow record amounts overwhelmed the Federal Reserve?s third purchase of U.S. debt this week.


  • Second-largest mall operator in U.S., $27B in debt, files for bankruptcy (Daily Record)
    In its drive to become the second-largest owner of shopping malls in the nation, General Growth Properties Inc. racked up $27 billion in debt. At around 2 a.m. in Chicago on Thursday morning, the retail giant buckled under the weight.


  • Treasuries Head for Weekly Gain as Fed Increases Debt Purchases (Bloomberg)
    April 17 (Bloomberg) -- Treasuries rose, set for the first weekly gain in a month, after the Federal Reserve increased purchases of government debt to cut consumer borrowing costs.


  • JPMorgan Plans First Debt Sale Since August Without FDIC Aid (Bloomberg)
    April 16 (Bloomberg) -- JPMorgan Chase & Co. plans to sell dollar-denominated debt without the backing of the U.S. government for the first time since August, according to a person familiar with the transaction.


  • Rio Tinto Raises $3.5 Billion in Debt Sale (BusinessWeek)
    The mining giant sold fixed-rate bonds to help pay down debt. It remains committed to a tie-up with China's state aluminum outfit



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