The Thai Cabinet approved a package of debt relief measures, including interest suspensions and reduced principal payments. The initiative aims to alleviate the financial burden on individuals and businesses struggling with economic challenges. By suspending interest and reducing principal payments, the government seeks to provide immediate relief and prevent defaults. These measures are expected to…
Aaron Rose boarded a cruise after losing a loved one and receiving an inheritance He racked up $30,000 in gambling debts across a 10-day cruise He alleges that staff served him while he was significantly intoxicated, claiming they were bringing him drinks as soon as his glass was empty Aaron Slade stepped on a P&O…
[3520359] The views expressed represent the investment team’s assessment of the market environment as of May 2024, and should not be considered a recommendation to buy, hold, or sell any security, and should not be relied on as research or investment advice. Views are subject to change without notice. This market commentary has been prepared for…
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) launched a rulemaking to address the harmful effects of inaccurate credit reporting affecting survivors of domestic violence, elder abuse, and other forms of financial abuse. The agency is issuing an advance notice of proposed rulemaking to gather additional public input on potential amendments to the regulation…
Ofgem outlines plans to wipe £1bn of consumer energy debt Utility Week Read the original article here
Sen. Elizabeth Warren led over 20 colleagues in requesting the CFPB and FTC investigate student-loan company Navient. They said they’re concerned that Navient might be improperly denying defrauded borrowers debt relief. Navient said it’s committed to getting relief to borrowers, but the discharge process is still in its early stages. A group of Democratic lawmakers…
The West has an enormous ecological debt towards the Global South. Pope Francis, in his message for Peace 2025, implores the wealthiest countries on the planet to forgive the debts of the poorer ones. It is a matter linked to justice and the great climate issue. The appeal comes on the eve of the Jubilee:…
What is Debt Forgiveness? How the Process Can Provide Relief, but Sometimes at a Cost BadCredit.org Read the original article here
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, ‘The possibility of permanent loss is the risk I worry about… and every practical investor I know worries about.’ When we think about how risky a company is, we always like to look at its use of debt, since…
Posted on: December 12, 2024, 05:44h. Last updated on: December 12, 2024, 05:44h. Jay Leno has discredited rumors that injuries sustained while falling down a hill in Pennsylvania last month were the result of being roughed up by the Mafia over gambling debts. This nasty bruising to left side of Jay Leno’s face was the…