Local Government Debt

Struggling With Debt? Bankruptcy Can Provide a Second Chance.

Many people who should consider filing for bankruptcy avoid doing so out of shame or fear it could ruin their credit. But it can provide much-needed relief.

Business - The New York Times - 3 days ago

Have $10,000 in credit card debt? Here's how much debt forgiveness could cover.

Pursuing debt forgiveness could substantially reduce the $10,000 credit card debt you're dealing with. Here's how.

Have $15,000 in credit card debt? Here's what a debt forgiveness plan could cover.

If you're dealing with $15,000 in credit card debt, this type of debt relief could offer a reprieve. Here's how.

Have $7,500 in credit card debt? Here's what debt forgiveness could cover.

Getting rid of $7,500 in credit card debt could be easier with the help of a credit card debt relief program.

Have $25,000 in credit card debt? Here's what debt forgiveness could cover.

The right credit card debt forgiveness program could reduce your $25,000 credit card balance significantly.

Have $50,000 in credit card debt? Here's what debt forgiveness could cover.

With a credit card balance that high, the right debt forgiveness program could help you save a substantial amount.

Have $40,000 in credit card debt? Here's what debt forgiveness could cover.

The right debt forgiveness program could lead to hefty savings on a $40,000 debt. Here's how.

Have $35,000 in credit card debt? Here's what debt forgiveness could cover.

If you're facing $35,000 in credit card debt, debt forgiveness could have a big impact on your balance. Here's how.

What will a debt collector do if I can't pay old credit card debt?

There are a few different strategies debt collectors can use when you're unable to pay off what you owe.

Inquiry announced after carers forced to repay benefits

Some carers had to pay back thousands of pounds to the government, pushing them into financial distress.

Governments should crowdsource defence innovation

Bright ideas are not the monopoly of those holding jobs in national security

World - Financial Times - October 23

Why state governments are tightening their budgets

State governments in the U.S. must tighten budgets or take on more debt to manage declining revenues, long-standing liabilities and emerging risks.

Business - CNBC - 6 days ago

Mauritius government suffers electoral wipeout

World - Yahoo News - 7 hours ago

Corporate debts mount as credit funds let borrowers defer payments

Use of payment-in-kind loan terms is growing as companies struggle with heavy leverage and high interest rates

Business - Financial Times - October 14

3 ways to make your credit card debt cheaper this October

With rates averaging nearly 23%, credit card debt is expensive right now — but there are ways to reduce the costs.

Global public debt to pass $100tn this year, says IMF

Fund calls for tougher action by big economies, with debt set to approach 100% of world GDP by end of decade

Business - Financial Times - October 15

Boeing seeks to raise up to $25bn through stock and debt offering

Planemaker also enters into $10bn credit agreement in ‘challenging environment’ amid strikes and safety concerns. Boeing is seeking to raise up to $25bn (£19bn) in an attempt to shore up its ...

World - The Guardian - October 15

Bond investors position for new debt from Goldman Sachs and Morgan Stanley

Bond investors — who have sent spreads on the debt of the big U.S. money-center banks to their tightest levels of the year — are now positioning for new issuance, with Goldman Sachs and Morgan ...

Business - MarketWatch - October 16

Holiday shoppers plan to spend more while taking on debt this season

Leaning on credit cards, or even buy now, pay later, to purchase holiday gifts will come at a high cost if there are missed or late payments.

Business - CNBC - October 16

Trump Contends His Economic Policies Won’t Increase Federal Debt

In an interview with Bloomberg News, the GOP candidate denied his tariff plans would hike the deficit by $7.5 trillion, a widely accepted forecast among economists.

Business - Inc. - October 16

Harris backs slashing medical debt. Trump's "concepts" worry advocates.

Health care experts are calling on lawmakers — and the next occupant of the White House — to help the millions of Americans grappling with medical debt.

U.S. forgives $4.5 billion in student debt for 60,000 public employees

The Biden administration's latest round of relief should have borrowers learning of their canceled debt in coming weeks.

Intrum seeks U.S. bankruptcy protection to restructure $4.7 billion net debt

Intrum, Europe's biggest debt collector, said on Friday it will file for voluntary Chapter 11 bankruptcy protection in the United States as it seeks to restructure its own finances. The company ...

Sports - Yahoo Sports - October 18

Spirit Airlines extends debt refinancing deadline hours before expiration

Spirit Airlines on Friday again extended a deadline with its credit card processor to renegotiate more than $1 billion in debt.

Business - CNBC - October 18

El Salvador commits savings from creative debt refinancing to river conservation

One of Central America’s longest rivers will be the primary beneficiary of El Salvador’s deal to refinance $1 billion of debt with support from the United States government, in the latest example ...

World - ABC News - October 18

Debt will overshadow IMF gathering as World Bank boss pleads for poorest countries

In Washington, finance ministers will face pressure for action to reduce their own debt and offer more resources to poorer nations. Debt, and why governments need to reduce it, will top the agenda ...

World - The Guardian - October 20

U.S. and Europe Agree to Finalize $50 Billion Ukraine Loan Backed by Russian Assets

Treasury Secretary Janet L. Yellen said an agreement was close. She also rebuked China’s lending practices and called for more debt relief.

Business - The New York Times - October 22

Housing, Tariffs and Debt: Four Experts Debate How to Fix the American Economy

One set of writers on the left and another on the right lay out competing visions for what the next president should do.

Top stories - The New York Times - October 23

Global public debt will hit $100 trillion by year-end, says IMF

The IMF warned of the risks posed by unsustainable public debt levels.

Business - CNBC - October 23

‘King of debt’ Donald Trump needs to reassure the bond markets — now

Millions of investors are watching the value of their bond funds sag almost daily as concerns about the impact of Trump’s policies on the national debt grow.

Business - MarketWatch - October 26

Latest in Local Government Debt