Bankruptcy:: Sad stories, desperate debtors
Omaha World-Herald, NE
Bankruptcies will not clear certain debts, such as alimony, child support, most student loans, some federal income taxes and all employer withholding taxes. Lost jobs. Credit cards. Freeloading relatives. Bad decisions (using retirement funds to catch …

Source:Bankruptcy:: Sad stories, desperate debtors – Omaha World-Herald

Dallas Morning News

Lewisville couple stick to a plan to pare down $100000 in debt
Dallas Morning News, TX
If they were to achieve their goals of starting a family, buying a home and retiring to a comfortable lifestyle, they had to attack their debt of more than $100000, which consisted of student loans and credit card bills. How things have changed in five …

Source:Lewisville couple stick to a plan to pare down $100000 in debt – Dallas Morning News

Village Voice

A tale of a debt binge, told by a man who knew better
Los Angeles Times, CA
A 20 years out-of work woman was going to find a job for over $70000 in order to raise their real income to the point where it could cover the mortgage if they cut up the credit cards and stopped the buying at J Crew and Starbucks? …
Queasy like Sunday morning: 'Times Magazine' brings the pain on … WalletPop
all 16 news articles

Source:A tale of a debt binge, told by a man who knew better – Los Angeles Times

Student loan borrower wants part of balance forgiven
Los Angeles Times, CA
If the government does forgive a portion of the debt, the amount forgiven is considered taxable income to you. Dear Liz: My credit card interest rate recently went from 11% to 24%. I have excellent credit and a history of paying off any balance. …
Student loan consolidation important highlights Elites TV
Middleman flunking out Republican & Herald
Goodbye to FFELP: NextStudent and Other Lenders Eyeing Possible … PR-USA.net (press release)
all 4 news articles

Source:Student loan borrower wants part of balance forgiven – Los Angeles Times

Mexico's Banamex Sees Signs Bad Consumer Debt Is Stabilizing
Wall Street Journal
Mexican banks have been stung by rising levels of bad consumer debt since 2007 due in part to lax lending standards earlier in the decade that saw millions of credit cards distributed to low-income consumers. Zorrilla said the bank hasn't observed any …

Source:Mexico's Banamex Sees Signs Bad Consumer Debt Is Stabilizing – Wall Street Journal

Nicole Brodeur Give judge credit for debt smarts
Seattle Times, United States
"A free T-shirt cost me thousands of dollars," one student recalled of a credit-card offer. Emily Martin, 29, a doctoral candidate in epidemiology at the University of Washington, recalled how "fast and easy" it was to get a credit card as an undergrad …

Source:Nicole Brodeur Give judge credit for debt smarts – Seattle Times

Village Voice

Queasy like Sunday morning: 'Times Magazine' brings the pain on …
WalletPop, VA
The New York Times Magazine. The New York Times Magazine's Money Issue. The glance at the table of contents. The flipping ahead. The credit and credit cards. The ballooning debt. The inevitable bankruptcy. The creeping dread. The moist paranoia. …
A tale of a debt binge, told by a man who knew better Los Angeles Times
all 14 news articles

Source:Queasy like Sunday morning: 'Times Magazine' brings the pain on … – WalletPop

Straits Times

Credit Card Debt: Legislation or Personal Solutions?
Beliefnet.com, NY
However, what kept me out of debt in my youth was not any sense of personal responsibility, but lack of access to credit. So regulating the access may not be such a bad idea. Back in the day (mid to late 80s), college students couldn't get a credit …
Video: Obama Makes Push for Credit Card Legislation The Associated Press
Credit card reform arrives; bankers howl. St. Louis Post-Dispatch
Your Credit: Paying Off Credit Card Debt MainStreet
CNBC - CNNMoney.com
all 1,510 news articles

Source:Credit Card Debt: Legislation or Personal Solutions? – Beliefnet.com

Straits Times

Is that a hole burning in your pocket?
Western Front, WA
Sallie Mae, a student loan provider, conducted the study of 1200 randomly selected undergraduate students and released the results in April. The average credit card debt for undergraduates was $3173 compared to the $2169 of debt students had in 2004. …
Video: Obama Makes Push for Credit Card Legislation The Associated Press
The Senate Plans to Crackdown on Credit Cards Today’s MGT
Credit Card Reform Today’s THV
Nurido - MiamiHerald.com
all 1,510 news articles

Source:Is that a hole burning in your pocket? – Western Front

CREDIT MARKETS: A Week Of Consolidation
Wall Street Journal
"Chase is the gold standard in credit cards," said Dan Nigro, an asset-backed securities portfolio manager at Dynamic Credit Partners. They are doing non-TALF deals "because they can." Treasurys bowed to a bout of profit-taking Friday ahead of the …

Source:CREDIT MARKETS: A Week Of Consolidation – Wall Street Journal