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Entries from February 2009

Yash Birla puts restructuring of auto component firms on hold (Business Standard India)

February 28th, 2009 · No Comments

A major restructuring plan of the auto parts division of the Rs 3,000-crore Yash Birla Group has hit a roadblock.

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Tags: Credit Cards · Debt Consolidation

How To Stop Creditors: An Alternative To Filing Bankruptcy

February 28th, 2009 · No Comments

These debt settlement techniques have allowed many people like you to erase their credit card debt without the expensive and devastating effects of bankruptcy. The key to using the debt settlement techniques is knowing where to begin.

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Tags: Credit Cards

Credit bureau scores probably aren’t your FICO scores (Los Angeles Times)

February 28th, 2009 · No Comments

Dear Liz: We are retired, our house is paid off and we have no credit card balances. The credit bureau gave us a rather low score and said it was because we didn’t have any debt and no mortgage. Is this fair? Suppose we want to buy a vacation home?

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Tags: Credit Cards

Nortel cuts another 3,200 workers worldwide with no severance pay (National Post)

February 28th, 2009 · No Comments

Ailing telecom equipment maker Nortel Networks Corp delivered on its plan to slash more jobs Wednesday, cutting another 3,200 workers worldwide as it continues its fight to survive under the cover of bankruptcy protection.

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Tags: Credit Cards · Debt Consolidation

GM bondholders may drive merger with Chrysler (National Post)

February 28th, 2009 · No Comments

General Motors Corp. bondholders could push for a merger with Chrysler LLC if they believe their investment would be better protected with one super-sized automaker, a Citigroup Global markets analyst said.

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Tags: Credit Cards · Debt Consolidation