For anyone who owes money in Manchester, paying down those loans and debts may seem impossible. No matter how much an individual earns, the interest on the bills grow, making the balance just out of reach. Eventually, some people will be able to pay off their debts,...
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Month: November 2013
For those with medical debt, debt collection rules need an update
In 1977, Congress enacted the Fair Debt Collection Practices Act, a law designed to protect consumers from creditor harassment. The law has dictated what creditors and credit collection agencies can do, but as technology has changed the law is not as relevant as it...
Atlantic Club Casino is in distress
In New Hampshire's neighboring state of New Jersey, the Atlantic Club Casino is on the verge of bankruptcy. This casino, located on the boardwalk in Atlantic City, opened in 1980. It was once called the Golden Nugget and then the Atlantic Hilton. Owned by Colony...
Mortgage relief running ahead of schedule
Five banks were accused last year of using faulty documents for evicting homeowners. The banks settled the case by an agreement to provide $38.7 billion in relief to homeowners. Twenty-five billion of the funds was to be used to help homeowners that were in a housing...
