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Category Archives: Debt Help

Govt. to release Rs. 1000 cr. under debt relief scheme – The Hindu

Debt HelpBy Insolvency GuardianMay 3, 2016

Farmers and self help groups of women in Andhra Pradesh can look forward to next instalment of promised funds from the Government in a day or two. Finance Department will release Rs.1,000 crore in a day or two under the debt redemption scheme for farmers. The remaining Rs.2,000 crore will be released by June-end to…

Hastings charity’s three years of helping debt-ridden – Hastings and St. Leonards Observer

Debt HelpBy Insolvency GuardianMay 3, 2016

A church-based charity is celebrating three years of helping people from personal debt. In May 2013, members of seven Hastings and St Leonards churches decided they wanted to do more to help the community and partnered with UK debt counselling charity, Christians Against Poverty (CAP) to open a local branch. The team has helped more…

National Debt Relief Talks About Financial Steps Towards Being A Millionaire – Benzinga

Debt HelpBy Insolvency GuardianMay 3, 2016

National Debt Relief recently shared in an article published March 31, 2016 some financial tips to help consumers become millionaires in the future. The article titled “How To Become a Millionaire Without Really Trying” lists down some ways people can make small tweaks in their financial approach to help them prepare for the future. Los…

The Debt Panel: Emirati earning Dh50,000 is in trouble with Dh90k a month repayments – The National (blog)

Debt HelpBy Insolvency GuardianMay 3, 2016

I am a UAE national with a nice salary but recent circumstances have put me in trouble and I am in a lot of debt. My salary is nearly Dh50,000, but the Equated Monthly Installment (emi) on my loans is Dh90,000 plus. My total loan amount is very high at nearly Dh1 million. Im willing…

Foundering Hanjin Shipping seeks debt relief – MarketWatch

Debt HelpBy Insolvency GuardianMay 3, 2016

By In-Soo Nam SEOUL– Hanjin Shipping Co., South Korea’s largest container operator by capacity, reached out to owners of its chartered fleet and terminal operators to say it can’t survive unless they help with its debt-restructuring efforts. In a letter to foreign owners, Chief Executive Suk TaeSHY-soo said the debt-saddled operator faces serious challenges as…

Drowning in debt, Puerto Rico calls on Congress for help – CBS News

Debt HelpBy Insolvency GuardianMay 2, 2016

SAN JUAN, Puerto Rico – Puerto Rican officials warned Monday the island’s default on a $422 million bond payment is only the beginning if the U.S. Congress doesn’t help resolve the situation soon. The U.S. island territory did not make nearly $370 million of the payment that was due, the third and largest since 2015.…

Puerto Rico Skips Bond Payments, Says Congress Must Help – ABC News

Debt HelpBy Insolvency GuardianMay 2, 2016

Puerto Rican officials warned Monday the island’s default on a $422 million bond payment is only the beginning if the U.S. Congress doesn’t help resolve the situation soon. The U.S. island territory did not make nearly $370 million of the payment that was due, the third and largest since 2015. Gov. Alejandro Garcia Padilla said…

Good habits to help you get out of bad debt – BusinessTech

Debt HelpBy Insolvency GuardianMay 2, 2016

Sadly, people who are completely debt-free make up a very small percentage of working South Africans, Manyike noted. With increased interest rates, higher fuel and food costs and no immediate respite in sight, South Africans are feeling the pinch, now more than ever. Often during tough times the temptation can be for people to get…

As Clock Ticks on Debt Payment, Puerto Rico Braces for What’s Next – NBCNews.com

Debt HelpBy Insolvency GuardianMay 1, 2016

WASHINGTON — The U.S. House of Representatives goes on a week-long recess on Saturday without moving on legislation to help Puerto Rico restructure its debt, virtually guaranteeing there will be no congressional action before a $422 million debt payment on May 2nd that the island government says it cannot pay. “On Monday there’s going to…

Email Debt Forgiveness Day helps you overcome the social anxieties lurking in your inbox – Vox

Debt HelpBy Insolvency GuardianMay 1, 2016

It’s time to talk about that email. You know the one: the heartfelt “let’s catch up!” from an old friend you just haven’t had a chance to reply to. Maybe it’s the thread that picks up the difficult social media conversation you let lapse. Or the invite to that thing you’ve been putting off responding…

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