Mastro creditors unlikely to recoup more money in near future
Creditors of bankrupt former real-estate magnate Michael R. Mastro probably won’t get more than a penny on the dollar for several years, the court-appointed trustee in the case said in a report this week.
Debt management plans explained – Think Money
Think Money Debt management plans explainedThink MoneyDo you have a number of unsecured debts – for instance, credit cards, overdrafts and personal loans? Can you no longer afford your agreed monthly payments – but still commit to paying back smaller monthly amounts and repay everything you owe in time?and more »
Money Funds Cut Barclays Debt While Adding Deutsche Bank – Bloomberg
Money Funds Cut Barclays Debt While Adding Deutsche BankBloombergSeparately, the UK Independent Commission on Banking is recommending that banks segregate consumer operations from investment banking and subordinate unsecured creditors to individual depositors. “The short-term rating downgrades could have a greater …and more »
Exclusive: Bebo founders, shareholders sue owner for ‘destroying’ site – CNN Money
… to be appointed to run the social network – a move which could let them benefit from a subsequent re-sale. That would mean a fourth owner for Bebo in seven years. The business relationships have gone spectacularly sour. In their filing …
Money Power: Tips help ensure smooth homeowners insurance claim – Tulsa World
It helps to photograph the source of the damage, such as the source of a water leak. Do what you need to do to prevent further damage, such as boarding up broken windows, but don’t start cleanup or other significant work until the insurance …
10 tips for cheaper home insurance – MSN Money
This post is from Angela Colley at partner site Money Talks News. Homeowners insurance is one of the most expensive things we pay for that we hope to never use. In 2009 (the last year the information was available) the average homeowners insurance premium …
10 ways to cut the cost of homeowners insurance – MSN Money
This post is from Angela Colley at partner site Money Talks News. Homeowners insurance is one of the most expensive things we pay for that we hope to never use. In 2009 (the last year the information was available) the average homeowners insurance premium …
B of A tests foreclosure alternative – MSN Money
Meet the new landlord Naked Capitalism is a doubter. Mortgage-to-lease plans could do good by keeping homes occupied and preventing the neighborhood degradation that follows foreclosures, writer Yves Smith allows. But he isn’t sure Bank of America has what …
Debt Consolidation For Bad Credit People With Money Up to $5000 – PRLog (free press release)
If you have a number of loans that you are repaying, you can sum them up into one in order to manage them easily and to have it easy when making repayments. This will also help you to avoid the frustrations of dealing with several lenders as you will only …
Fannie Mae changing “forced-place insurance” rules – MSN Money
(Reuters) – The practice of banks forcing expensive homeowners insurance on borrowers could come to an end after Fannie Mae told lenders it would seek to oversee such policies itself. For many homeowners who are required to buy insurance as a …