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Weekly Must Read Article

debtThree Simple Steps
Midvale, UT (PRWEB) January 13, 2005 -- With consumer debt at an all time high, the American Credit Foundation proposes three simple steps to take control and get out of the "debt trap" this year. Through www.DebtGuru.com , the American Credit Foundation is a non-profit consumer credit counseling organization with over ten years of debt management experience. To ...

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Latest Debt Related News

The Debt Crisis, Where It?s Least Expected (NYTimes.com via Yahoo! Finance)
A children?s charity says it wasn?t told of mortgage debt risks.
Tyson: To eliminate credit card debt, get to root of the problem (Houston Chronicle)
Q: I earn a high salary but have amassed credit-card debt. What advice do you have for reducing my debt, which feels too high now? Also, how much debt is safe for me to carry?
Ascendia Brands reaches agreement on senior debt restructuring (Sharewatch)
NEW YORK (Thomson Financial) - Ascendia Brands Inc. Monday reached an agreement with its senior lenders to restructure $160 million of its first and second lien debt facilities.
The Most Intelligent Way to Eliminate Personal Debt (The Bradford Era)
(ARA) - Tired of feeling like you're living from paycheck to paycheck? Have interest charges driven your credit card balances so high, you feel like you'll never get out of debt? If so, you're not alone.
City of debt shows US housing woe (BBC News)
Stockton in California shows the dangers of the taking on too much debt as the US housing market slumps.
Ascendia Brands, Inc. Announces Agreement on Recapitalization and Debt Re-Structuring (Business Wire via Yahoo! Finance)
HAMILTON, N.J.----Ascendia Brands, Inc. today announced that it has reached agreement with its senior lenders to restructure its $160 million first and second lien debt facilities. Under the agreement, Ascendia's senior lenders will waive certain existing covenant defaults and adjust financial covenant levels from now through the end of Ascendia's fiscal year ending February 28, 2009.
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