Credit Card Debt Credit card debt cases are accelerated as we over leverage ourselves and live beyond our means. A continuous rise in the default cases is in turn weakening the complete financial system. The problem seems similar to the mortgages gone bad dilemma. People are lagging behind in their credit card payments, number of...Read More

Three states conducting their own probes of residential mortgage practices are resisting broad liability releases sought by banks to settle a nationwide foreclosure investigation. The banks, in settlement talks with state and federal officials, are seeking releases that would protect them from future legal liabilities. Massachusetts Attorney General Martha Coakley said yesterday she won’t endorse...Read More