Debt Management News Archive

20-Dec-2008

 

  • GM, Chrysler Confront To-Do List of Slashing Debt, Cutting Jobs (Bloomberg)
    Dec. 20 (Bloomberg) -- General Motors Corp. and Chrysler LLC, steadied by a $13.4 billion federal lifeline, face a March 31 deadline to slash debt, rework labor contracts and plan for thousands of job cuts or face government-ordered bankruptcy.


  • Fair Isaac upgrades debt management tool (Finextra)
    Fair Isaac Corporation (NYSE:FIC), the leading provider of analytics and decision management technology, today announced the immediate availability ...


  • Pimco snubs GMAC debt offer; bank bid may fail-WSJ (The Forex Market)
    Dec 19 (Reuters) - Bond fund Pacific Investment Management (Pimco) has turned down a debt-exchange offer from GMAC LLC, threatening the auto and mortgage finance company's bid to qualify for U.S. government funds, the Wall Street Journal reported.


  • Government Support for Proactive Debt Management Needed Sooner Rather Than Later says Burgess (PRWeb)
    As personal debt levels continue to spiral out of control and national charities are coming under increasing pressure to help people solve their financial problems, Payment Protection Insurance lobbyist Sara-Ann Burgess suggests a policy that pays a monthly benefit if redundancy occurs, could reduce the number of those suffering financial distress. (PRWeb Dec 18, 2008) Read the full story at ...


  • Fair Isaac releases Debt Manager 7 (Finextra)
    Fair Isaac Corporation, the provider of analytics and decision management technology, today announced the immediate availability of Fair Isaac Debt ...


  • SPSA hundreds of millions in debt (WAVY TV 10 Portsmouth)
    SPSA, one of Hampton Roads' largest waste management facilities, is $240-million in debt.  Now officials are trying to figure out how to cut costs without hurting taxpayers.



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