Underreported political and social news from the US and around the world.
The benefits from Credit card debt consolodation | Financial …
Credit card debt consolodation seems to be the most talked-about term in the world of credit cards. Its true that credit cards have been very useful and.
Sirius XM Second-Quarter Loss Widens on Debt Costs (Update1) (Bloomberg)
Aug. 6 (Bloomberg) — Sirius XM Radio Inc. , the satellite radio broadcaster, reported a wider second-quarter loss on costs to pay down debt. The net loss expanded to $157.4 million, or 4 cents a share, from $83.9 million, or 6 cents, a year ago, the New York- based company said today in a statement.
Warner Music Reports Third-Quarter Loss After Retiring Debt (Bloomberg)
Aug. 6 (Bloomberg) — Warner Music Group Corp. , the world’s third-largest music company, reported a wider third-quarter loss on declining CD sales and costs to retire debt.
What Happens to Debt After Death? – Estate Planning – Law and …
Trusts are generally cheaper, which is why we like them. Legal fees for the probate process could be 3% of your estate, but that number could fall down to 1% for distributing trust assets.
We should point out here that many states have simplified the probate process to the point where a living trust may be unnecessary. In some instances, your executor can validate your wishes for your estate simply by mailing a certified copy of your death certificate to the county probate court. Be sure to check with an estate planning attorney or your county probate court to determine the laws in your state. A family should consider long term care insurance to prevent dilluition of family wealth.
There are two types of living trusts: revocable (which means you can change it while you’re alive) and nonrevocable (which means you can’t change it). For many individuals, we like revocable living trusts because they offer flexibility (taking care of you while you’re alive), privacy and speedy asset distribution. But they’re not for everyone.
Oracle to Offer $4.5 Billion of Debt in Three Parts (Update2) (Bloomberg)
June 30 (Bloomberg) — Oracle Corp. , the world’s second- largest software maker, plans to sell $4.5 billion of debt in a three-part offering, according to a person familiar with the transaction.
Commentary » Blog Archive » Labour's Hidden Debt — And How not to …
Practically speaking, this mounts up to the same as borrowing — a contact, like debt, represents an obligation to make a stream of future payments. But legally speaking, it’s not the same, because in the U.K., contractual obligations …
Geary Behavioural Economics Blog: Household Debt Restructuring
Via the Irish Economy Blog, below is a recent paper from the IMF on government’s role in household debt restructuring. I commented on the IE Blog that the Irish case has a number of structural features that merit further discussion. …
Beth Kobliner: Protecting Students From Credit Card Debt » A …
Buried in the new law that regulates credit card companies are a couple of rules, called for by President Obama in a town hall meeting in Rio Rancho, New Mexico, “to protect students from getting stuck in debt before they even get …
Going Green to Get Out of Debt (ABC News)
ABC’s Jerika Richardson reports from New York: In an effort to help save some of the world’s disappearing tropical forests the United States is offering Indonesia some much needed debt relief. Today, the Indonesian government signed a “debt-for-nature swap agreement”…
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