Personal Finance Tips for families

family expenses have been hit hard in recent times of recession and slow growth. This has led to a greater number of personal bankruptcies. Situations in your life to avoid those essays you need to plan and manage your finances very carefully. This article offers some tips for families as they manage their finances and [...]

Toni Braxton Files for Bankruptcy

American R&B singer Toni Braxton has filed for bankruptcy — claiming she owes between $10 million and $50 million in unpaid debts all over the U.S., TMZ reported Thursday. Toni Braxton, who has sold more than 40 million albums in her career, just filed for bankruptcy in California. In the documents, the singer claims she [...]

Think carefully before opting for debt settlement

Is your financial condition truly critical? Are you desperately looking for a way out of the debtor’s prison? If yes then debt settlement may be the right solution for you. So what exactly is debt settlement and how can it save your neck?

JPMorgan Sees Haircut, Extension on Dubai World Debt

March 9 (Bloomberg) — Dubai World, the state-owned holding company restructuring $26 billion in debt, may offer creditors a 20 percent haircut, a 10-year extension on maturities and a government repayment guarantee for creditors, JPMorgan Chase & Co. said.

Obama Signs New Credit Card Law

President Barack Obama takes the first step towards consumer protections by signing the new credit card law on Friday. The provisions stated in the new law take effect as early as August. The president informs the public during the signing ceremonies in the White House that the new bill is created to put in place some [...]

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