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Debt Relief

Secret IMF Document: Greece Needs Far More Debt Relief

Reuters | Posted 07.14.2015 | World

July 14 (Reuters) - Greece will need far bigger debt relief than euro zone partners have been prepared to envisage so far due to the devastation of it...

Serial Debt Relief Scammers Back at it Again in Florida

Steve Rhode | Posted 07.07.2015 | Business
Steve Rhode

The Federal Trade Commission (FTC) has had to invest loads of money again to police the debt relief industry to go after more false promises and schemes to sell people worthless services.

What Will Save the Euro?

Harlan Green | Posted 07.06.2015 | Business
Harlan Green

Now that Greece has voted "no" on the latest proposal by the European Commission, the European Central Bank, and the International Monetary Fund (the so-called "troika"), will Greece stay in the eurozone? If so, Greece may save the euro.

Deceptive Mailer Sure Seems to Spoof Department of Treasury for Debt Relief

Steve Rhode | Posted 06.03.2015 | Business
Steve Rhode

An amazing reader sent in a new debt relief mailer through my I Buy Junk Mail program. This one is rather alarming. I doubt the average person would see through what I think is a smoke screen to understand what just landed in their mailbox.

How Parents Can Avoid Getting Crushed by the Student Loan Crisis

Stephen Dash | Posted 04.25.2015 | Money
Stephen Dash

Steve Mason's tragic story may be an extreme case, but he is not alone. Millions of people are legally obligated to have a portion of their wages diverted to paying down student debt. Borrowers and their parents seemingly have nowhere to turn.

10 Things I Gave Up to Get Out of Debt

Allison Vesterfelt | Posted 02.16.2014 | Money
Allison Vesterfelt

If we're really interested in paying off debt, growing a savings account, purchasing a house, or going to college without loans, we have to be willing to put our money where our mouth is.

Oppressive Mortgages and Student Debts? Check Bible and Quran

Rabbi Arthur Waskow | Posted 09.15.2013 | Religion
Rabbi Arthur Waskow

What if the American people proclaimed through action that after seven years of payment, the first $180,000 owed on owner-occupied home mortgages are annulled, released?

What About Good Debt Advice?

Steve Rhode | Posted 07.11.2013 | Business
Steve Rhode

For years there has been also sorts of chit-chat and discussion about how financial literacy will magical cure the woes and troubles of consumers and ...

What's the Future of Foreign Aid?

Marcelo Giugale | Posted 06.08.2013 | World
Marcelo Giugale

The real change in -- and the future of -- development assistance is not coming from its traditional donors but from its recipients.

The Disturbing Inaction of Congress on the Mortgage Cliff

Adam Levin | Posted 02.05.2013 | Money
Adam Levin

While the fiscal cliff gets all the attention, the mortgage cliff is just as steep, and just as perilous. If American consumers take another big fall, our leaders are almost certainly not far behind.

Has The Occupy Movement Figured Out Real Debt Relief?

Posted 11.15.2012 | Comedy

Author and cartoonist David Rees and comedian Hari Kondabolu stopped by HuffPost Live to talk the Rolling Jubilee, Occupy Wall Street's inspired idea ...

How to Get Debt Help Without Getting Screwed

Steve Rhode | Posted 05.24.2013 | Business
Steve Rhode

This isn't a blender you are thinking of buying here -- this is a service that can have a profoundly negative impact to your life and financial health if you make the wrong choice or select the wrong provider.

Ben Hallman

The Bank With The Largest Mortgage Relief Obligations Falls Short | Ben Hallman | Posted 08.29.2012 | Business

The five major banks that signed a landmark national mortgage settlement in March have been slow to deliver $10 billion in promised debt relief, accor...

U.S. Foreign Assistance and the Arab Spring: Bold, but Not Bold Enough

Sarah Margon | Posted 07.31.2011 | World
Sarah Margon

The U.S. decision to relieve Egypt of up to $1 billion in debt is a step in the right direction, but it is a drop in the bucket compared to the massive debt burden incurred by the previous regime.

How One Woman Is Helping To End Poverty In Nigeria

Craig and Marc Kielburger | Posted 05.25.2011 | Impact
Craig and Marc Kielburger

At the TED Conference in Long Beach, California, Amina Az-Zubair smiled and said, "You're probably wondering, 'Who's this lady in the Nigerian clothes...

Sudan's Bumpy Debt Road Will Run Through Where? Vienna?

Ben Leo | Posted 05.25.2011 | World
Ben Leo

Despite having a smaller GDP than almost every other Paris Club country (only Ireland is smaller), Austria's debt exposure to Sudan exceeds $2 billion.

Who are Sudan's Two Biggest Creditors? And Why is it Something to Worry About?

Ben Leo | Posted 05.25.2011 | World
Ben Leo

This is a joint post with Ross Thuotte. Two countries alone hold over 25 percent of Sudan's crippling $35 billion debt burden.  I'll give you three ...

G20 Must Create Fix for Debt Crises

Ruth Messinger | Posted 05.25.2011 | Impact
Ruth Messinger

As the G20 meets in Seoul this week, global leaders must not forget their responsibility to fix the global financial system for the world's poorest.

Sudan - Southern Secession, Oil, and Debt Relief

Ben Leo | Posted 05.25.2011 | World
Ben Leo

Next week, President Obama, UN Secretary General Ban Ki-moon, and other global leaders will meet with Sudanese leadership to discuss the upcoming refe...

Bill Clinton Anxious & Hopeful About Haiti Recovery 6 Months After Earthquake

AP | JONATHAN M. KATZ | Posted 05.25.2011 | World

PORT-AU-PRINCE, Haiti — Former U.S. President Bill Clinton expressed frustration Saturday over the slow pace of Haiti's earthquake recovery, but...

Liberia's Debt Relief Party

Ben Leo | Posted 05.25.2011 | World
Ben Leo

This week, Liberians celebrated in the streets. They weren't rejoicing over some recent triumph by the Liberian soccer team. The streets of Monrovia were overflowing because of debt relief.

The Debt Relief Rip-Off

Don McNay | Posted 05.25.2011 | Business
Don McNay

Desperate people want to believe it's true. They want to believe that there are companies that can easily get rid of their credit card debt. More often than not, they are deeply disappointed.

Debt Relief Scam Report: GAO Calls Practices 'Fraudulent, Deceptive And Abusive'

Los Angeles Times | Posted 05.25.2011 | Business

A new report by undercover government investigators bolsters longstanding concerns that companies promising to help consumers overwhelmed by credit ca...

Debt Settlement Firms Peddle Relief But Actually Put Debtors In Deeper Hole

New York Times | PETER S. GOODMAN | Posted 05.25.2011 | Business

For the companies that promise relief to Americans confronting swelling credit card balances, these are days of lucrative opportunity. So lucrative, ...

Ryan Grim

Bill To Cancel Haiti's Debt Clears House Hurdle | Ryan Grim | Posted 05.25.2011 | Politics

A House subcommittee approved a measure on Thursday to press major international financial institutions to completely cancel all debts owed by Haiti, ...