Debt Relief & Management

Posts Tagged ‘banks’

Bloomberg — May 18, 2010 — May 18 (Bloomberg) — New York University professor Nouriel Roubini talks with Bloomberg’s Margaret Brennan about Europe’s debt crisis and the outlook for the sovereign relief package from the European Union. (This is an excerpt of the full interview.)

Copyright Bloomberg 2010

Nouriel Roubini Debt Relief Package Banking Bond Market News Central Banks Country Economies Credit Crunch Crisis Currencies Economic Europe European Bank Union Financial Services Government Bonds Greece IMF gdp sovereign pigs

Duration : 0:3:9

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discover how you can eliminate debt at http://www.havingthebestday.com today.
Understand this…
1.The government is not interested in you personally and does not care how much money that you have to live on when you retire – As far as they are concerned, thats a problem for another day,
2.Your bank is not interested in your personally and only cares about how much they can extract from you in your lifetime.
3.Your financial advoros is not interested in your personally, they are interested in pushing the highest commission products to you so that they become wealth.
As the saying goes in jest about Wall Street – “Its where the wealthy get driven to in their limos to be given advice by people who get there on the subway.”
Taking control of your own financial future
It is possible to life a very fulfilled life, retire with money in the bank and do the things that you want to do. Its not possible to do this if you keep giving your money away unnecessarily. And thats the mistake that most people make for their entire lives.

Duration : 0:1:41

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May 18 (Bloomberg) — New York University professor Nouriel Roubini talks with Bloomberg’s Margaret Brennan about Europe’s debt crisis and the outlook for the sovereign relief package from the European Union. (This is an excerpt of the full interview. Source: Bloomberg)

Duration : 0:3:9

Read the rest of this entry »

Who runs most debt management plans? Are they run by banks and credit card providers?

Non profit firms like CCCS were created by the credit card industry and they receive financial support from them. This is why these firms will often not tell a person to file for Chapter 7 when doing so might be in their best interests.

Can you tell me who owns and runs the collection agencies and debt management programs? Are they owned by the banks and credit card issuers?

I can buy an unpaid contract from anybody and then try to collect on it. That’s what the "or successors" means in the agreement…it can be transferred to somebody else.

A lot of times the owner is a lawyer, because he doesn’t have to hire a lawyer to take you to court; he can do it himself.