[co-author: Frank DeBorde] On April 14, 2022, in an unpublished and divided opinion affirming lower court orders denying a creditor’s claim and declaring the creditor’s mortgage invalid and unenforceable, the United States Court of Appeals for the Fifth Circuit ruled suggested (but did not finally rule) that a bankruptcy court cannot reform a mortgage to […]
Month: July 2022
Student loans: Biden debates whether to extend payment break past Aug. 31
Another delay would be the seventh time the date has been postponed since the payment pause and interest freeze was put in place in March 2020. “The Department of Education will continue to assess the impacts of the Covid-19 pandemic and the economy on student borrowers,” a spokesperson wrote in an email to CNN Monday […]
Lenders Seek Clarification From Wrong Bank Over Invoking Collateral
Mumbai: In a move that could delay the sale of embittered debt to the National Asset Reconstruction Company (NARCL), lenders decided to transfer bad debts only after clarity emerged on the terms under which government guarantees could be invoked to fill collection shortfalls, those familiar with the development told ET. The topic has gained prominence […]
Parents are forced to take out loans to pay for gas to drive their daughter to cancer treatments
The parents of a 15-year-old girl who is battling a rare form of bone cancer have revealed they were forced to take out loans to pay for petrol that would take her to her life-saving treatments. Keith and Analiza Vincent’s daughter, Jinger, was diagnosed with osteosarcoma over a year ago and has undergone chemotherapy and […]
Big banks are suffering lending pain, but not the kind we expected
Comment this story Comment Everyone was watching U.S. bank earnings for signs that consumers were in financial trouble — but the pain came from other places, especially buyout funding. In second-quarter earnings, Bank of America Corp. topped the chart of price cuts on loans to fund transactions, mostly for private equity-backed companies, with a $320 […]
The 3 Worst Things About Not Having Pet Insurance
Image source: Getty Images Like most people, my husband and I consider our pets an important part of our family. This includes providing them with everything they need, including health care. However, looking back over the past few years, I cannot imagine how much more difficult it would have been to provide the care they […]
Will tell you what’s free Revdi, Arvind Kejriwal fires PM Narendra Modi Jab on freebies
Arvind Kejriwal said a state spending money on its people is not “revdi”. New Delhi: Free water, electricity, health care or world-class primary education are not “revdis“but the responsibility of the state,” Delhi Chief Minister Arvind Kejriwal said on Saturday, as he refuted Prime Minister Narendra Modi’s joke on government giveaways ahead of the election […]
DHFL approved loans worth millions of rupees to Sanjay Chhabria in minutes without documentation, according to CBI | Bombay News
File photo of ex-DHFL promoter Kapil Wadhawan Mumbai: Kapil Wadhawanformer developer of Dewan Housing Finance Corporation Ltd (DHFL), a non-banking financial institution, secured his company to disburse loans worth millions of rupees to a city-based builder Sanjay Chabria minutes after receiving related requests without any documentation through online transfers at various times in 2018, said […]
3 ways to start raising capital for your business, big or small
Opinions expressed by Entrepreneur the contributors are theirs. Whether you own a startup or are looking to expand your existing business, at some point you will need to raise capital. You have the next big idea to disrupt a niche industry or you are looking to expand your business with more product offerings and need […]
Media OutReach Newswire Launches New Email and News Content Layouts for Journalists and Online Media Partners
HONG KONG SAR – Media OutReach – July 11, 2022 – Media OutReach Newswire announces the launch of a new press release email format for journalists and press release layout that seamlessly integrates as organic content on the news site of our media partners. As a newswire that always remains at the forefront of improving […]
NOTICE | SAVE YOURSELF: Group helps civil servants maneuver loan forgiveness
“Look for the helpers,” says Mr. Rogers. Since the announcement of the Student Loan Forgiveness, I have come to accept that only a small percentage of people will experience the significant financial benefit that the Limited Forgiveness will provide for Public Service Loan Forgiveness (PSLF ). Remember previous Save Yourself columns discussing the promise of […]
Washington Post’s Joy Robins – Beet.TV
CANNES — Brands are renewing their interest in contextual signals that indicate where consumers have seen an advertisement as tracking cookies and device IDs become less reliable for audience targeting. Artificial intelligence technology such as natural language processing can help reinforce these contextual cues. “It’s not just about trying to associate your brand with specific […]
UK Online Safety Bill to protect social media news content
New provisions in the UK Government’s Online Safety Bill aim to protect the content of information posted on social media. Under a new amendment tabled by ministers, social media platforms will not be able to arbitrarily delete articles by journalists from recognized news outlets. According to the government, the measures aim to remedy this situation […]
Best short term personal loans with no prepayment penalty
Many traditional short-term loans offer quick cash in exchange for extremely high interest rates and fees. As an alternative, some people turn to a personal loan. Personal loans are generally repayable in equal monthly installments over a long period. You also have the option of prepaying the loan to free up income in your spending […]
Everything you need to know about financing a college education with student loans
(StatePoint) While the majority of parents today highly value higher education, that doesn’t always dampen their sticker shock when it comes to college-related costs. A new survey from College Ave reveals that 91% of parents think a college degree is important for their child’s future. At the same time, 74% of parents found the cost […]
Add Rent to Rising Costs Disrupting Small Business | Economic news
By MAE ANDERSON, AP Business Writer NEW YORK (AP) — Rent has come due for American small businesses and at a very inopportune time. Landlords were lenient with rent payments during the first two years of the pandemic. Now many are asking for rent arrears, and some are also increasing the current rent. Meanwhile, most […]
In a small Mexican village, prayers and hope for missing migrants – NBC 5 Dallas-Fort Worth
Clutching rosaries, residents of this mountain village looked at photos of three of their own atop the altar of the local church, praying that teenagers Jair, Yovani and Misael were not among the 53 migrants who have perished in a sweltering trailer in Texas. Waiting for confirmation has been agonizing for families from Mexico to […]
In a small Mexican village, prayers and hope for missing migrants
SAN MARCOS ATEXQUILAPAN, Mexico >> Clutching rosaries, residents of this mountain village looked at photos of three of their own atop the altar of the local church, praying that teenagers Jair, Yovani and Misael would not not one of the 53 migrants who perished in a trailer choking in Texas. Waiting for confirmation has been […]