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Daily Archives: August 16, 2016

Frisco debt relief company draws more than 100 BBB complaints – Dallas Morning News

Debt HelpBy Insolvency GuardianAugust 16, 2016

Anthony Alexander found himself $8,000 in debt from hospital bills and other expenses last year when a commercial for United Debt Services, a Frisco-based debt settlement company, came on his mom’s TV. Its claim? It will get you out of debt. Alexander, a 33-year-old mailman from Little Rock, signed up in February 2015 and paid…

Banks, bondholder group eye Brazil’s Oi debt relief -source – Daily Mail

Debt HelpBy Insolvency GuardianAugust 16, 2016

By Reuters Published: 11:43 +10:00, 17 August 2016 | Updated: 11:43 +10:00, 17 August 2016 By Guillermo Parra-Bernal SAO PAULO, Aug 16 (Reuters) – Banks and bondholders accounting for more than half of Oi SA’s debt of 65.4 billion reais ($20 billion) are considering proposing a 5-year grace period and lower borrowing costs to speed…

Don’t be fooled by student debt relief scams – WVTM13

Debt HelpBy Insolvency GuardianAugust 16, 2016

You’ve seen ads offering lower student loan monthly payments and even debt forgiveness. You’re skeptical, but one small part of you hopes that maybe, just maybe, there is a way to get help paying off your student loans. The ad might even call it the “Obama Student Loan Forgiveness Program.” Help paying off a student…

Frisco debt relief company attracts more than 100 BBB complaints – Dallas Morning News

Debt HelpBy Insolvency GuardianAugust 16, 2016

Anthony Alexander found himself $8,000 in debt from hospital bills and other expenses last year when a commercial for United Debt Services, a Frisco-based debt settlement company, came on his mom’s TV. Its claim? It will get you out of debt. Alexander, a 33-year-old mailman from Little Rock, signed up in February 2015 and paid…

Don’t be fooled by student debt relief scams – CNNMoney

Debt HelpBy Insolvency GuardianAugust 16, 2016

What $100,000 in student debt feels like You’ve seen ads offering lower student loan monthly payments and even debt forgiveness. You’re skeptical, but one small part of you hopes that maybe, just maybe, there is a way to get help paying off your student loans. The ad might even call it the “Obama Student Loan…

Spain’s Abengoa Expects to Implement Final Restructuring Plan by Sept. 30 – Wall Street Journal

LiquidationBy Insolvency GuardianAugust 16, 2016

Aug. 16, 2016 2:24 p.m. ET MADRIDRenewable-energy and engineering company Abengoa SA said Tuesday it expects at least 75% of creditors to approve its restructuring plan by Sept. 30, a key hurdle for the company as it aims to stave off what would be Spains largest-ever corporate bankruptcy. Abengoa said in a regulatory filing that…

Don’t be fooled by student debt relief scams – WSYR

Debt HelpBy Insolvency GuardianAugust 16, 2016

By Katie Lobosco Published 08/16 2016 03:05PM Updated 08/16 2016 03:05PM Copyright 2016 Cable News Network/Turner Broadcasting System, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. NEW YORK (CNNMoney) You’ve seen ads offering lower student loan monthly payments and even debt forgiveness. You’re skeptical, but one small part of…

Student Loan Debt Relief Companies Capitalize on Borrower Confusion – TheStreet.com

Debt HelpBy Insolvency GuardianAugust 16, 2016

Debt relief companies capitalize on borrowers who fall behind on their loans. Whether it’s credit cards, auto loans or student loans, the promise to help people with their debt is a siren call for people who have lost control of it. Student loan debt relief companies are plying an especially insidious trade. They charge borrowers…

Coal baron falls foul of Czech politics – POLITICO.eu

BankruptcyBy Insolvency GuardianAugust 16, 2016

Zdenk Bakala looks on during the presentation of the Václav Havel Library in March 2011, in Prague | Michal Cizek/AFP via Getty Images Czech politicians follow Poland and Hungary in attacking their liberal elites. By Benjamin Cunningham 8/16/16, 5:35 AM CET Updated 8/16/16, 10:50 AM CET PRAGUE The Czech Republic is gearing up for regional…

Dick’s prospers through liquidation sales of its competitors – Pittsburgh Business Times

LiquidationBy Insolvency GuardianAugust 16, 2016

Unknown didn’t crimp the company’s confidence as it raised its earnings guidance for the more So far, so good for Dicks Sporting Goods overcoming the expected sales slump from the liquidations of two of its competitors, The Sports Authority and the Sports Chalet. The Findlay-based sporting goods retailer reported a quarter better than expected and…

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