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Debt

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Audio: Pros and Cons of Debt Settlement (US News & World Report)For a fee, the service helps reduce credit card debt.

Debt and the Darwins' deceptions (BBC News)BBC News looks at how the "Canoe man" faked his own death to escape the pressure of debt.

U.K. House Builders Bought With Debt Face Default, Fitch Says (Bloomberg.com)July 23 (Bloomberg) -- U.K. homebuilders bought through debt-fuelled takeovers face ``considerable'' risk of defaulting in the next year as a result of the U.K. housing slump, according to Fitch Ratings.

Bond Report: Treasurys decline as stocks advance, decreasing appeal of debt (Market Watch)Treasurys decline Wednesday, pushing 10-year note yields to their highest levels in a month, as fears about the economy ease in line with oil prices, reducing the appeal of the safety of government debt.

Brazil Debt Market Eclipses Equity Activity In 1st Half Of Year (Nasdaq)SAO PAULO -(Dow Jones)- Brazilian companies switched to debt issues from initial public offerings in order to raise needed funds in the first half of 2008, as investors became more selective due to the international credit crisis, the Brazilian Investment Banks Association, or Anbid, said in a report Wednesday.

New York Community Bancorp falls to 2nd-qtr loss on debt refinancing, other charges (Canadian Business)WESTBURY, N.Y. (AP) - New York Community Bancorp Inc. on Wednesday fell to a second-quarter loss, weighed down by a series of hefty charges related to debt refinancing and a lawsuit, and its first provision to cover bad loans in nearly 13 years.

Carteret woman, 89, fears losing home over nursing facility debt (Asbury Park Press)Catherine Stonuski is deeply in debt. She owes the nursing home her husband resides in more money than her house is worth, more than her husband's Social Security check can cover, and apparently more than she has in savings. Her husband Stanley Stonuski, 92, has been living in a nursing facility since 2004. He has dementia, is incontinent and must use a wheelchair. The facility he lives in, ...

Housing bill bonus: Alleviate debt ceiling (Politico via Yahoo! News) Democrats in Congress are actively considering a plan to use a pending housing bill to deal with Washington’s own mortgage problem: the federal debt ceiling. 

Find relief from credit card debt now (TheCelebrityCafe.com)Reduce or eliminate your credit card debt without costly loans or bankruptcy.

Debt funds are the new flavour (The Times of India)The uncertainty in the stock markets has resulted in renewed interest for debt funds. Investors seem to be placing more confidence in debt and cash funds.