Debt Help Services

Posts Tagged ‘Source News’

Facing the debt crisis

More than eight million in SA are struggling to clear debts, which is why the success of the National Debt Review Committee is a national imperative.

Debt counselling process in SA – get financial relief today

Question: Why has the US debt compared to GDP gone up under Republicans and gone down under Democrats for 30 years?

http://zfacts.com/p/318.html

http://en.wikipedia.org/wiki/National_debt_by_U.S._presidential_terms

http://www.whitehouse.gov/omb/budget/fy2009/pdf/hist.pdf

Under Carter and Clinton, the National Debt when compared to Gross Domestic Product has gone down, and under Reagan, Bush and Bush II, it has gone up.

Why do people think the Republicans are more fiscally responsible than Democrats?

Answer: dems do raise taxes…in the form of forcing corporations and rich people to stop cheating on their taxes. these people, however, control the lobbies, so they can decide policy.

Philippines

Key facts, figures and dates

The National Debt Road Trip

Question: Two companies trying to collect same debt?

My fiance used to have an account with AT&T wireless. After AT&T became Cingular, his experience with customer service went way downhill and he switched to a T-mobile family account with me. As he was angry with Cingular, he didn’t make it a priority to pay off his balance with them (admittedly a stupid move). The debt went to collections.

Back in May, we paid off that debt IN FULL to a creditor collecting on behalf of AT&T Wireless. Just this weekend, however, we received a letter from a debt collector on behalf of Cingular Wireless – for the exact same amount that we paid off back in May!

I have proof of the debt settlement and the copy of the check we paid last May, which I plan on sending to this new creditor. Is there anything else we need to do to get this cleared up? We’ve been working really hard to become debt-free and improve our credit.

Answer: if U have proff of pmt of this debt, then all U can do is send this other comp a copy of the reciept that U DID indeed pay. IF this continues, then hire a lawyer, cuz U really don’t hafta pay 2x 4 something already pd.

Axtel, S.A.B. de C.V. Reports 2Q10 Results

SAN PEDRO GARZA GARCIA, Mexico—-Axtel, S.A.B. de C.V. , a leading Mexican fixed-line integrated telecommunications company, announced today its unaudited second quarter results ended June 30, 2010.

Final Demand Debt Collection Letter

TeleCommunication Systems Reports Second Quarter 2010 Results

Revenue Up 38% Year-Over-Year to a Record $92.7M, EBITDA of $15.4M or $0.27 per Diluted Share, and Net Income of $0.06 per Diluted Share

Davos Annual Meeting 2010 – Redesigning the Global Dimensions of China’s Growth

Question: I sold a company in 2002 and told the vendor to change all accounts over to the new owners.?

In 2007, one of the vendors contacted me via their attorney that a debt to my old company name had gone unpaid and because I had signed a guaratee on the account in 1995 I was liable. I sent them documents showing the bill of sale, assumed name certificates of the new owners, a copy of the letter closing my account. I also requested the guarantee that I signed as well as their unpaid invoices, and other documents where they had sold equipment to the new owner (without my signature). Several months went by and they sent me nothing and filed a lawsuit against me in their home county 125 miles away. The debt is $4000 and any lawyer I spoke to said his fee would far exceed that amount to defend it. I believe this is their game, hope I will pay it rather than fight. If anyone knows business credit collection laws in Texas please advise me as to what sections of the statutes they are violating. I intend to defend myself in the courtroom and need all the help I can get.
Thanks

Answer: Do you have proof you told them to close the account? That should absolve you of any liability for the charges. Show up in court with those and you should be good.

Your problem? If you don’t have some sort of receipt or acknowledgment, they can always claim they didn’t receive the letter closing the account. In that case you might need all the paperwork you can muster, proof of the sale, perhaps other letters to other vendors WITH acknowledgment, anything at all that establishes that you were no longer involved with the company beyond 2002.

Service Corporation International Announces Second Quarter 2010 Financial Results and Increases Cash Flow Outlook for …

Service Corporation International , the largest provider of deathcare products and services in North America, today reported results for the second quarter 2010. Â Our unaudited condensed consolidated financial statements can be found at the end of this press release. Â The table below summarizes our key financial results:

Bad Business = Good Business For Debt Collectors