Negros farmers get land, debt relief

A total of P1.834 billion worth of land amortization debt has been condoned for Agrarian Reform Beneficiaries (ARBs) in Negros Island Region (NIR). This relief covers 8,860.15 hectares of land and was formalized through the distribution of 19,244 Certificates of Condonation with Release of Mortgage (CoCrom) freeing 11,179 ARBs from decades of agrarian debts. Department…

Young man is kidnapped and killed over gambling debt in SC

A 21-year-old man was brutally murdered in Santo Amaro da Imperatriz, in Greater Florianópolis, due to gambling-related debts. According to the Santa Catarina Civil Police, the crime was solved in less than 24 hours by the DEIC Robbery and Anti-Kidnapping Division. The victim was lured on Friday night (13) by an acquaintance, under the pretext…

I Tried Using AI to Help Me Tackle an $18K Debt. It Went Brutally Wrong

Can AI help you plan how to tackle your debt repayments? Colin Anderson Productions/Getty Images Debt is a normal burden, and most people have multiple repayments they have to make every month across mortgages, car loans, credit cards, student loans, lines of credit and personal loans. Personal finance isn’t widely taught in schools, but managing your money is an essential life skill. Spreadsheets…

What to do and say

(InvestigateTV) — Getting a call from a debt collector can feel overwhelming—and intimidating. But consumer advocates say the worst thing you can do is panic or pay right away. Before taking action, it’s important to validate the debt and understand your legal rights. Leslie Tayne, a veteran debt relief attorney, said one of the most…

Colombia Seeks Debt Relief Through Swiss Franc Loans

Colombia is exploring the possibility of issuing loans denominated in Swiss francs, in a bold financial move to manage its growing public debt. Credit: Khairul Abdullah / CC BY 2.0 Colombia is exploring the possibility of issuing loans denominated in Swiss francs—an unconventional and bold financial move as part of its ongoing efforts to manage…