AfDB support Zimbabwe’s debt clearance with 4-mln-USD grant

The African Development Bank (AfDB) Group has approved a 4-million-U.S.-dollar grant to support Zimbabwe’s debt clearance efforts and re-engagement with the international financial community. In a statement on Monday, the AfDB said the approval marks a critical step in Zimbabwe’s re-engagement. The funding will finance Zimbabwe’s Arrears Clearance Dialogue Enhancement Project (ZACDEP), which is aimed…

Can bankruptcy stop Social Security garnishment?

Bankruptcy may help protect your Social Security benefits from garnishment, but only under the right circumstances. Douglas Sacha/Getty Images Millions of older Americans are carrying debt into retirement — and for many of these retirees, the monthly Social Security benefits they receive each month are also their primary source of income. Relying on fixed retirement…