debt http://wamc.org en Authorities Say Soldiers Get $92M In Debt Relief http://wamc.org/post/authorities-say-soldiers-get-92m-debt-relief <p></p><p>New York and 12 other states have settled an investigation into improper lending with a court agreement to shut down the company and expected to provide $92 million in debt relief for 17,800 U.S. military personnel.</p><p>New York's Attorney General Eric Schneiderman says deceptive practices by Rome Finance Co. based in California and Georgia included failing to accurately disclose charges and interest rates and helping retailers inflate prices, with repayments taken from soldiers' paychecks.</p> Tue, 29 Jul 2014 20:47:53 +0000 Dave Lucas 95929 at http://wamc.org Authorities Say Soldiers Get $92M In Debt Relief Court Injunction Halts Buffalo Debt Collectors http://wamc.org/post/court-injunction-halts-buffalo-debt-collectors <p>A federal judge has ordered Buffalo-based debt collectors to stop telling borrowers they face prison for check fraud and making other false threats.&nbsp;</p><p>The injunction, sought by New York Attorney General Eric Schneiderman and the Federal Trade Commission, freezes assets of the collection operation and gives temporary control to a court-appointed receiver.</p><p>The defendants agreed to the injunction without admitting wrongdoing.</p> Mon, 21 Jul 2014 20:45:47 +0000 Dave Lucas 95364 at http://wamc.org Court Injunction Halts Buffalo Debt Collectors NY Settles Probes Of 2 Debt Collectors http://wamc.org/post/ny-settles-probes-2-debt-collectors <p>The New York attorney general has settled investigations of two debt collectors with civil penalties and agreements they stop pursuing default judgments on claims that are legally too old to collect.</p><p>New York's statute of limitations to collect is generally six years.</p><p>Authorities say nearly 3,000 improper judgments for about $16 million will be vacated.</p> Thu, 08 May 2014 22:00:00 +0000 Dave Lucas 89993 at http://wamc.org NY Settles Probes Of 2 Debt Collectors 7/12/13 - Panel http://wamc.org/post/71213-panel <p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>Today's panelists are WAMC's Alan Chartock and Ray Graf. Joe Donahue moderates.</p><p></p><p>Topics:<br>Farm Bill<br>Fillibuster Limit<br>Debt Collection<br>Bulger Trial<br>Student Loan Snag</p><p> Fri, 12 Jul 2013 13:00:00 +0000 Joe Donahue 69047 at http://wamc.org 7/10/13 - Panel http://wamc.org/post/71013-panel <p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>Today's panelists are WAMC’s Alan Chartock, our News Man, Ray Graf, and the CEO of Proctor’s Theatre in Schenectady, NY – Philip Morris.</p><p>They discuss upstate tourism, the arts, and the impact of casino gaming in NYS.</p><p> Wed, 10 Jul 2013 13:00:00 +0000 Joe Donahue 68851 at http://wamc.org House GOP seeks to defuse debt crisis http://wamc.org/post/house-gop-seeks-defuse-debt-crisis <p></p><p>WASHINGTON (AP) -- With tacit support from President Barack Obama, House Republicans are moving to try to defuse a potential debt crisis with legislation to prevent an economy-rattling fiscal crisis for at least three months.</p><p>The GOP legislation marks a tactical retreat by House Speaker John Boehner, R-Ohio, who is eager to avoid a potential first-ever default on U.S. payment and debt obligations as he wrestles with Obama and his Democratic allies over taxes, spending and the deficit.</p> Wed, 23 Jan 2013 15:10:29 +0000 Associated Press 56313 at http://wamc.org House GOP seeks to defuse debt crisis Comptroller DiNapoli says New York debt tops $63 billion http://wamc.org/post/comptroller-dinapoli-says-new-york-debt-tops-63-billion <p>ALBANY, N.Y. — The New York comptroller says the state government's debt has topped $63 billion, with New York on track to approach its borrowing limit in early 2014.<br><br>Comptroller Thomas DiNapoli says Monday the debt burden, averaging $3,253 per resident, is almost three times the national median. New York's debt is second only to California's $96.4 billion in state-funded debt and 80 percent higher than New Jersey, which is in third place. Mon, 07 Jan 2013 15:00:00 +0000 55184 at http://wamc.org Comptroller DiNapoli says New York debt tops $63 billion VT U.S. Representative Welch Collects Student Debt Stories http://wamc.org/post/vt-us-representative-welch-collects-student-debt-stories <p>Vermont&#39;s U.S. Representative Peter&nbsp;Welch is compiling stories about student debt.&nbsp; WAMC&#39;s North Country Bureau Chief Pat Bradley reports...&nbsp;</p><p>Welch was at the University of Vermont on Monday where he met with students, some of whom are working multiple jobs and studying full time as they accumulate student loan debt.</p> Tue, 01 May 2012 12:03:29 +0000 Pat Bradley 37989 at http://wamc.org VT U.S. Representative Welch Collects Student Debt Stories VT U.S. Representative Welch to Collect Student Debt Stories http://wamc.org/post/vt-us-representative-welch-collect-student-debt-stories <p>Vermont&#39;s U.S. Representative Peter Welch is going to be compiling stories about student debt.</p><p>Welch is going to be at the University of Vermont on Monday where he will launch an initiative to compile stories from Vermont students and families about the burden of student loan debt.</p><p>In Vermont, almost 70 percent of college graduates have an average of $30,000 in debt.</p><p>Student debt is topping $1 trillion dollars, exceeding credit card debt.</p> Mon, 30 Apr 2012 10:30:00 +0000 Tristan O'Neill 37889 at http://wamc.org VT U.S. Representative Welch to Collect Student Debt Stories