Latest in Distressed Debt
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Distressed-debt investors hold tense talks over KKR-owned car parts maker
Marelli says it needs to fill ‘working capital gap’ as it grapples with $4.2bn in debt and falling demand from carmakersFinancial Times - 11h -
When can a debt collector call you?
There are rules that dictate when a debt collector can call you — and how many times they're allowed to do it.CBS News - 20h -
How to dispute a collection debt you don't owe
Have you been contacted about a collection debt that isn't valid (or isn't yours)? Here's how to dispute it.CBS News - 1d -
Cate Blanchett: lack of change in Hollywood after #MeToo ‘quite distressing’
The Oscar-winning actor has spoken of her disappointment in how the movement lost its momentum in the industry seemingly before it got started. The Oscar-winning actor Cate Blanchett has said she ...The Guardian - 1d -
7 things debt collectors are required to tell you
Debt collectors are required by law to disclose certain information and knowing what that is could benefit you.CBS News - 4d -
Oh, I’m sorry, tech bros – did DeepSeek copy your work? I can hardly imagine your distress | Marina Hyde
If China has done to Sam Altman what his OpenAI has been accused of doing to creatives, it would take a heart of stone not to laugh. I once saw an episode of America’s Dumbest Criminals where a ...The Guardian - 5d -
Should I file for bankruptcy or debt relief?
Filing for bankruptcy could be a smart move in certain cases, but in others, debt relief could make more sense.CBS News - 5d -
Federal Debt Is Now Worrying Even Progressives
Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed remedies still differ radically.The New York Times - 5d -
Germany’s omerta on the debt brake is costing it dearly
The country’s fiscal rules stifle much-needed investment and create perverse incentives for its European partnersFinancial Times - Jan. 29 -
Johnson floats possibility of working with Democrats on debt ceiling
DORAL, Fla. — Speaker Mike Johnson (R-La.) in a Tuesday interview with The Hill’s Emily Brooks floated the possibility of working with Democrats to raise the debt ceiling instead of including it in ...The Hill - Jan. 28 -
Breaking down macho cultures? No, the Sun is simply monetising David Coote’s distress | Barney Ronay
The newspaper’s presentation of their interview with the referee undeniably brings in clicks. But who else does it help?. “I didn’t want to stand out from the crowd. I didn’t want to draw attention ...The Guardian - Jan. 28 -
3 signs you need debt relief for 2025
Not sure if 2025 is the year to secure debt relief support? Here are three major signs to look for.CBS News - Jan. 27 -
The GOP debt limit jam
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story GOP faces tough decision on debt limit Some House Republicans are getting anxious ...The Hill - Jan. 24 -
3 reasons to pursue debt relief this February
Taking advantage of debt relief can be a smart move at nearly any time, but it could make even more sense now.CBS News - Jan. 24 -
How much debt is required to file for bankruptcy?
If you're planning to file for bankruptcy, it's important to understand the minimum debt requirements beforehand.CBS News - Jan. 24 -
U.K. Firms Face Increased Financial Distress, Study Says
British business is set for a tough year, with a worrying surge in the number of firms entering “critical” financial distress in the final quarter of 2024, according to consultancy Begbies Traynor.The Wall Street Journal - Jan. 24 -
What is the credit card debt collection process?
Understanding these steps can demystify the process and help you find the right approach to get rid of your debt.CBS News - Jan. 23 -
7 cops shot by barricaded suspect after responding to distress call in San Antonio
Seven police officers are recovering after being shot Wednesday night in San Antonio, Texas. The suspected shooter was found dead after an hours-long standoff. CBS News correspondent Jason Allen ...CBS News - Jan. 23 -
Will collections debt go away if I file for bankruptcy?
Getting rid of debt in collections is important if you want to get your finances back on track.CBS News - Jan. 22 -
How the Debt Could Hamstring Trump’s Agenda
Republicans are hunting for ways to pay for President Trump’s expensive plans while avoiding a freakout on Wall Street.The New York Times - Jan. 22 -
Can you dispute a debt that was sold to a debt collector?
Disputing a debt that has been sold to a debt collector is not just possible — it's your legal right.CBS News - Jan. 17 -
Tips for paying off debt
With nearly half of Americans carrying credit card balances month-to-month, CBS News business analyst Jill Schlesinger provides tips on how to pay down debt.CBS News - Jan. 16 -
Ex-England boss Eriksson died heavily in debt
Swedish football manager Sven-Goran Eriksson, the first foreigner to lead the England national team, died with debts of over £3.8 million ($4.64 million) following years of financial mismanagement.ESPN - Jan. 15 -
House Republicans face massive debt problem
House Republicans have a problem. They want to pass a massive agenda for President-elect Trump, preferably in his first 100 days of office. And they don’t want to add to the federal deficit. That ...The Hill - Jan. 11 -
Can a debt collector refuse my settlement offer?
Negotiating a successful debt settlement could be a little more complicated than you'd expect.CBS News - Jan. 10 -
‘What are you going to do?’: Distressed fire victim confronts Gov. Newsom
Governor Newsom was challenged during a visit to Palisades by a distressed mother who demanded to know what action he was taking, and asked to join the phone call to President Biden that the ...NBC News - Jan. 9 -
What happens when you lose a credit card debt collection lawsuit?
A few different scenarios could occur if a judgment is issued against you for your old credit card debt.CBS News - Jan. 8 -
5 important credit card debt relief moves to make this January
Certain moves may help you break free from credit card debt, experts say. Here are five to explore this month.CBS News - Jan. 8 -
New rule bans medical debt from credit reports
A new rule issued by the outgoing Biden administration will ban medical debt from appearing on people's credit reports. It's estimated the move will raise credit scores for around 15 million ...CBS News - Jan. 7 -
Speaker Johnson: ‘Intention’ is to increase debt limit in massive Trump agenda bill
Speaker Mike Johnson (R-La.) said that congressional Republicans plan to increase the nation’s borrowing limit as a part of a massive party-line bill that they are crafting that will encapsulate ...The Hill - Jan. 7 -
Can I qualify for credit card debt forgiveness with a low credit score?
A low credit score could limit your debt relief options — but will it make you ineligible for debt forgiveness?CBS News - Jan. 7 -
Biden administration finalizes rule to strike medical debt from credit reports
U.S. consumers will no longer have medical debt appear on their credit reports under to a new rule the CFPB finalized Tuesday.NBC News - Jan. 7 -
Medical debt banned from credit reports by new Biden administration rule
Unpaid medical bills will no longer appear on credit reports under a final rule announced by the Biden administration.CBS News - Jan. 7 -
New federal rule will remove medical debt from credit reports
A new rule on medical debt could affect millions of Americans' credit scores.ABC News - Jan. 7 -
Biden Administration Moves to Ban Medical Debt From Credit Reports
The future of the new rule remains in question, however, with President-elect Donald J. Trump set to return to the White House this month.The New York Times - Jan. 7 -
CFPB finalizes rule barring medical debt from credit reports
The Consumer Financial Protection Bureau (CFPB) on Tuesday finalized its rule barring medical debt from being included on credit reports, potentially freeing up billions in credit. The finalized ...The Hill - Jan. 7 -
Is it legal for a credit card company to sell your delinquent debt?
There are a few routes your credit card company can take when you're late on payments — including selling the debt.CBS News - Jan. 6 -
What proof must credit card debt collectors provide for a debt?
Debt collectors must provide proof that a debt is valid. Otherwise, they have to stop their collection efforts.CBS News - Jan. 6
