Archive for May, 2009

How to Avoid Losing Your Home to Foreclosure (Carteret County News-Times)

Sunday, May 31st, 2009

(ARA) - Over the past year, we've been inundated with daily headlines about the growing foreclosure crisis.source

Buckland mall owner in debt crisis (Journal Inquirer)

Saturday, May 30th, 2009

Chicago-based General Growth Properties Inc. warned Monday that it must refinance a large chunk of its short-term debt, or face the possibly of filing for protection from creditors in U.S. Bankruptcy Court if it is to continue as a going concern.source

A Rescue Plan Without Taxpayer Money (New York Times)

Friday, May 29th, 2009

There are many smart ideas floating around about how to solve the twin problems posed by securitizations and resetting mortgages.source

Dexia set to sell US bond unit (Gulf Daily News)

Thursday, May 28th, 2009

BRUSSELS: Shares in Dexia fell sharply yesteday after the Belgian-French financial services group said it agreed the sale of its troubled US bond insurance subsidiary and launched a cost-saving drive after a heavy third-quarter loss.source

Are You Sinking in Credit Card Debt? (KFDM Beaumont)

Wednesday, May 27th, 2009

Many Americans are sinking in credit card debt and the financial crisis is making it harder for those families to tread water. They're using credit cards instead of cash to pay for gasoline, groceries and other items.source

DebtFree.net does not assume or pay any debt, nor does it give legal advice, offer credit repair or help stop creditor & collector calls. DebtFree.net provides information regarding various debt relief options as well as referrals and connections to debt relief companies. These companies specialize in specific debt relief categories, including debt management plans through credit card counseling, debt consolidation, debt settlement, debt negotiation, and debt mediation.