Greece has announced a major update to its debt restructuring framework, offering homeowners a clearer path to protect their primary residence. The move was unveiled by Kyriakos Pierrakakis, who highlighted the potential benefits of the revised extrajudicial mechanism for settling debts. The new framework allows debtors to separate their main home from other assets, preserving…
By Trish Svoboda/Image courtesy Canva A group of Wichita State University business students has started a GoFundMe campaign to help pay off unpaid school lunch balances for students in Wichita’s USD 259 school district. The fundraiser, Help Pay Off School Lunch Balances, was organized by students Kaitlyn Batchelor and Katherine Celarie as part of a…
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Winning this lawsuit was not in the cards for a Lackawanna County couple. In a ruling issued Monday, the Superior Court of Pennsylvania upheld a Lackawanna County Court ruling that a 232-year-old Pennsylvania law does not allow the couple — neurologist Vithalbahai Dhaduk and his wife, Ranjan Dhaduk — to recover $700,000 in loans given…
Residents can get help in several ways. They can contact the Debt Advice team directly for support, explore the online cost‑of‑living support pages, which include the new benefits calculator to help check what financial help may be available. In addition, as part of a wider range of community-based support, welfare advisers are now working directly…
Debt collection calls have increased by over 200% in the past year, with over 194,000 of them being reported as fraudulent or abusive and threatening, according to data from the Federal Trade Commission. Thomas Nitzsche, a financial educator at Money Management International, said the increase in reports of harassment from debt collectors could be linked…
Companies Backing for JFE’s carbon-cutting electric furnace to offset private-sector loan risk JFE Steel’s Kurashi works in Japan is the planned site of a new electric-arc furnace. (Photo by Tomoki Mera) TOKYO — Japan plans to provide support for a low-emissions furnace at a steel subsidiary of JFE Holdings, guaranteeing up to 180 billion yen…
EchoStar Corporation and its affiliates have entered into a sweeping debt restructuring agreement with a large coalition of bondholders, a move the company says will substantially reduce its debt load and open new doors for potential mergers and acquisitions. This comes as DISH has hovered close to bankruptcy for years. This deal will help avoid…
Two‑thirds of people (65%) say their current debts influence the financial decisions they make from saving to making bigger purchases. Yet only 17% feel they really understand and know a lot about how debt consolidation works, despite its ability to simplify repayments and reduce interest costs. This gap matters because our analysis shows…
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