Image copyright EPA Image caption Protesters voiced their opposition to the deal outside Congress, but lawmakers voted in favour Argentina’s lower house of Congress has approved a repayment deal which aims to put an end to a 14-year battle with holdout creditors. After 20 hours of debate, a majority of 165 to 86 lawmakers voted…
Hamilton star and creator Lin-Manuel Miranda on Tuesday joined Democrats on Capitol Hill to call on Congress to pass legislation allowing Puerto Rico to declare bankruptcy amid its growing financial crisis. “It’s a solvable, fixable issue. What we really need is help, and what we really need is help from Congress,” Miranda said during a press conference. “If…
STATEN ISLAND, N.Y. — If homeowners can refinance their mortgage, why can’t college graduates refinance their tuition loans? Help could be on the way for college students and graduates burdened with tuition loan debt. A bill gathering support in Congress would allow students and graduates to do just that, and then-some, according to Sen. Charles…
HARTFORD, Conn. (WTNH) A new online student loan repayment guide has been created by several state agencies to assist Connecticut college students with repaying loans. The offices of Attorney General, Consumer Protection, and Banking gathered information the U.S. Department of Education and Consumer Finance Protection Bureau, among others, in creating the guide with the…
DelGrosso: “Our target is to break even by the fourth quarter; we’d like to do it faster than that.” A year after filing for Chapter 11 bankruptcy, Chassix Inc. is inching closer to fixing the plant that almost single-handedly sent the supplier into insolvency. The supplier’s Bristol, Ind., plant, which manufactures automotive die-cast and machined…
A new wave of debt restructuring all over Latin America is poised to drive dealmaking as many companies find no other way to obtain cash. Most of the transactions out there require credit and, whether you are an investor or a banker, either you figure out how to do that or you dont have a…
Outsourcing group Capita is axing jobs at its IT enterprise services operations in Nottingham as part of a restructuring. Up to 40 jobs are set to go at the site, part of the Capita subsidiary whose services range from administering pension schemes to collecting the TV licence. A spokesman said the move was a one-off,…
When Carole, a full-time nurse in Glasgow, found herself in credit card debt and unable to meet even the minimum repayments, she was, in one way, fortunate. Following an appointment with a debt adviser, Carole decided that the security and protection offered by a debt payment programme was the best option. This enables Carole to…
Follow CBSDFW.COM: Facebook | Twitter GARLAND (CBSDFW.COM) A first of its kind app called saferesponse.org was created to help victims of the 2015 tornado outbreak who rose from the debris only to fall deeply into debt. Its the first time weve applied this technology to disaster relief, said Keith Thode with Advanced Net Labs. Safe response people can see…
Menendez at Union County Community College in Cranford. CRANFORD Students from Union County Community Colleges Cranford Campus packed the student commons on Friday as U.S. Senator Bob Menendez held a round table discussion on an issue that disproportionately impacts people in their age group: affordable college and student loan debt. The discussion also featured state…