$250 million to $275 million in Asbury divestitures will pay down some of debt from $1.3 billion Herb Chambers deal Automotive News Read the original article here
London, UKReuters The death of Pope Francis and global aid cuts led by the United States could complicate the work of a group of experts assembled by the Vatican to bring debt relief and a fairer financing system to the world’s poor. Developing countries are already grappling with shrinking concessional financing and difficulty accessing bond…
Cleveland City Council reports a total of $165,234,311.18 in medical debt was wiped out as part of its initiative with a nonprofit. CLEVELAND — Cleveland residents may soon receive a surprise in the mail: a letter informing them that their medical debt has been erased. The notifications come as a Cleveland City Council-led medical debt…
WASHINGTON–(BUSINESS WIRE)–May 1, 2025– Today, the American Association for Debt Resolution (AADR) and the Consumer Debt Relief Initiative (CDRI), two leading advocates for debt relief nationwide, have come together to form the Association for Consumer Debt Relief (ACDR). By bringing together the unique strengths and talents of each organization, ACDR will unify communications, continue to…
WASHINGTON–(BUSINESS WIRE)–May 1, 2025– Today, the American Association for Debt Resolution (AADR) and the Consumer Debt Relief Initiative (CDRI), two leading advocates for debt relief nationwide, have come together to form the Association for Consumer Debt Relief (ACDR). By bringing together the unique strengths and talents of each organization, ACDR will unify communications, continue to…
An effort to erase medical debt is coming to a close – exceeding expectations for the number of residents assisted but leaving about $1 million Cleveland City Council allocated unspent. Council members announced today that the program benefited 161,481 Clevelanders, thousands more than originally predicted. That’s about 40% of the city’s population. The effort follows…
American Association for Debt Resolution and Consumer Debt Relief Initiative Announce Formation of the Association for Consumer Debt Relief (ACDR) Business Wire Read the original article here
Getty Image/Zooey Liao/CNET As fears of higher student loan payments and wage garnishment increase among borrowers, so does the opportunity for scammers to prey on your desperation. Elaine Rubin, a student loan policy expert, wants borrowers to be on high alert for student loan scams offering to lower their payments, get their debt canceled or…
Woking declared itself effectively bankrupt in 2023 with £2bn of debt, and has since increased council tax and cut services. The problem has spilled into neighbouring councils after the government announced in 2024 that local authorities in Surrey would be reorganised. The county looks likely to be reorganised into two or three single-tier councils. The…
Pope’s death, US aid cuts complicate Vatican’s debt relief push Reuters Read the original article here