Topic: Consumer Credit and Debt

Calif. politics has short sellers facing big bills

Californians losing their homes face big tax bills unless Schwarzenegger, lawmakers compromiseWhat should have been a legislative afterthought is threatening to become a financial purgatory for thousands of California taxpayers hit by the housing crisis. With less than a month until tax filings are due, struggling Californians who received mortgage ...
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About IVA?s ? Demystifying Their Successful Acceptance and Completion

For people who find they simply can?t the payments for their debts, an Individual Voluntary Arrangement (IVA) is sometimes used to provide a legal solution to the problem. You may find some conflicting or even untrue information in advertising by some less conscientious companies who arrange them. This article ...
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The CARD Act and the College Crowd

MMI offers tips for understanding the CARD ActWhile only 10 percent of respondents in a recent Money Management International (MMI) survey believe students should use credit cards to finance college costs, many students get their first credit card while they are in college. In fact, 84 percent of undergraduates have ...
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Data show surge in consumer cases in fiscal 2009

New court data show surge in cases related to consumer issues in fiscal 2009The number of new cases in federal courts related to consumer issues surged in the year ended last Sept. 30 as Americans battered by the recession fought foreclosures and downgraded debt ratings, data released Tuesday show. The ...
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