Are you wondering what you are going to do with your economic stimulus tax refund? Debt collectors in India have the answer, and they are making tens of thousands of phone calls into the United States an hour, according to The New York Times reporter, Heather Thomas, in her article, Debt Collection Done From India [...]
April 2008
The Week magazine reported that annually, 10,000 Indian farmers kill themselves because they can’t pay their debts. What kind of bankruptcy is available in India, I asked myself. Short answer, after 10 minutes of internet search, I don’t know. That suggests to me that a vigorous bankruptcy system is not part of the Indian economic [...]
A heated debate is growing nationally concerning whether the U.S. Government should step into the mortgage mess, and with true Government efficiency, provide help. The problems are obvious, and the solutions are not so easy. The borrowers come in many shapes and sizes, including those people who truly worked hard, saved their money and were [...]
When filing a personal chapter 7 or chapter 13 bankruptcy, most debtors are concerned about the effect the bankruptcy filing might have on their checking and savings accounts. After all, many debtors have banked at the same institution for years, and they do not want to have this banking relationship disrupted. This concern, while understandable, [...]
Social Security would like your help. Predatory lenders in some places have found a way to, in effect, take control of Social Security payments and collect fees from that meager stipend essentially forever. The Social Security Administration is taking public comments until June 20, 2008 about what they should do, if anything. Here’s where the [...]
The price of a barrel of oil is now $117 per barrel. The most immediate result is that you are paying more at the pump for a gallon of gas. The average price of a gallon of gas is $3.50 today. One month ago it was $3.25 per gallon. What can you do to protect [...]
