Debt and Debt Management
The New York Times, October 16th, 2009MANY retirees are in a cash crunch — with a lower income stream from their investment portfolios, personal expenses that are higher than expected, or both. While
most assets can be used to generate liquidity,
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The New York Times, October 14th, 2009MANY retirees are in a cash crunch — with a lower income stream from their investment portfolios, personal expenses that are higher than expected, or both. While
most assets can be used to generate liquidity,
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Marketwatch, September 17th, 2009Back in the good old days, before the crisis of 2008-09, many experts
suggested that all you needed to do was withdraw 4% per year, adjusted
for inflation, from your nest egg. That strategy, experts said, was a
near
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The New York Times, August 18th, 2009In nature, every action has consequences, a phenomenon called the
butterfly effect. These consequences, moreover, are not necessarily
proportional. For example, doubling the carbon dioxide we belch into
the atmosphere
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The New York Times, June 15th, 2009The banks
were bailed out last fall, the automobile companies last winter. For
Edward McClelland, a writer in Chicago, deliverance finally arrived a
few days ago.Mr. McClelland’s credit card
company was calling yet
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The New York Times, June 9th, 2009There are two basic truths about the enormous deficits that the federal government will run in the coming years. The first is that President Obama’s
agenda, ambitious as it may be, is responsible for only a sliver of
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The New York Times, May 19th, 2009The New York attorney general, Andrew M. Cuomo,
sued two large debt settlement companies Tuesday, saying they had
engaged in fraudulent and deceptive business practices and false
advertising. The suits seek to
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NewsOK - March 22, 2009
In a recent column I talked about the positive reasons for postponing retirement. But to a lot of folks today, merely postponing retirement now seems like a pipe dream. As they’ve watched their net worth decline, some are convinced
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CreditCards.com - March 2, 2009
Are Social Security and private pensions exempt from garnishment?
Dear Credit Guy,I have recently retired and have only my Social Security and a private pension. If I quit paying my credit cards, can my Social Security
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Post-Tribune - March 2, 2009
Unnoticed among the bigger pieces of economic legislation in Congress this year is a bill that promises to help rewrite the relationship between consumers and their credit card companies.
The proposal -- the Credit Cardholders'
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Chicago Tribune - January 18, 2009
Typically, credit cards aren't the first things that leap to mind when you think about retirement.But many people saving for retirement are cutting back on contributions to their accounts these days. And many retired
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Orlando Business Journal - January 16, 2009
Consumer Credit Counseling Service of Greater Atlanta and Consumer Credit Counseling Service of Central Florida & The Florida Gulf Coast have merged.
The agencies provided credit, housing and bankruptcy
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The New York Times - January 14, 2009
As home values across the country continue to plummet, the authorities say a new breed of swindler is preying on the tens of thousands of homeowners desperate to avoid foreclosure.
Until recently, defrauders tried
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The Press - January 12, 2009
In the wake of big investment losses, many Americans have turned to “Plan B” to strategize and rebuild their retirement nest egg, according to Consumer Reports’ latest retirement survey. There is a lot of ground to
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ABC15 - January 9, 2009
Have you thought about taking cash from your credit cards or home equity? How about liquidating your retirement savings? According to Bankrate.com, these are all bad decisions people are most likely to make in 2009.
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