Category Archives: Debt Help

US Supreme Court Declines To Revive Biden Administration’s Student Debt Relief Plan – ARK Fintech Innovation ETF (ARCA:ARKF), VanEck Social Sentiment ETF (ARCA:BUZZ)

The Supreme Court rejected a Biden administration plea Wednesday that sought to revive the Savings on a Valuable Education (SAVE) plan to tackle federal student loan debt. In a brief order, the court denied an emergency request filed by the administration that sought to lift a nationwide injunction imposed by an appeals court. There were…

Supreme Court Shuts Down Another Biden Student Loan Debt Relief Plan

After killing an initial plan to wipe away $400 billion in student debt in 2023, the court has placed a temporary block on an amended approach to assist certain types of borrowers After killing an initial plan to wipe away $400 billion in student debt in 2023, the Supreme Court has maintained a temporary block…

Millions of Californians Have Medical Debt. It Wouldn’t Hurt Your Credit Under Proposed Rules

Sen. Monique Limón, a Santa Barbara Democrat, is carrying Senate Bill 1061, which would remove medical debt from credit reports and prohibit debt collectors from reporting patients’ medical debt information to credit agencies. It would pertain specifically to debt owed to a medical provider, such as a hospital or a doctor’s office. It passed the Assembly…

Jacky Cheung, ex-alcoholic gambler

Jacky Cheung, ex-alcoholic gambler 24 Jun – Veteran Hong Kong singer-songwriter Jacky Cheung said that he turned alcoholic after hitting a career low some years ago, according to a report by May Daily website. “I could firmly control my work, be it recording albums or doing concerts. But I couldn’t control drinking. I don’t like…

Cincinnati to spend $1.45M to pay off residents’ medical debts

The city of Cincinnati will spend $1.45 million on medical debt relief to help 30,000 city residents, part of a bigger plan that’s been in the works for more than a year. It’s not clear how the 33,000 would be chosen. Details about how the medical debt relief plan are set to be released Thursday…

Supreme Court refuses to revive Biden’s latest student loan debt relief plan

WASHINGTON — The Supreme Court on Wednesday rebuffed a Biden administration plea seeking to revive the latest plan to tackle federal student loan debt. The court in a brief order denied an emergency request filed by the administration seeking to lift a nationwide injunction imposed by an appeals court. There were no noted dissents. The…

Ukraine agrees debt relief deal worth $11bn

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Ukraine has secured relief on more than $20bn of debt from private international bondholders, boosting Kyiv’s race to finance an intensifying war effort against Russia. Almost all of Ukraine’s bondholders voted for a deal…