November 30, 2009
Many hotel owners are reportedly falling behind on loans and falling deeper into debt.
Miami, Florida (WiredPRNews.com) – Many hotel owners are beginning to fall deeper into debt. As reported by the Associated Press (AP), loan defaults for hotels have increased faster than other commercial real estate debt types, due to a dramatic decrease in hotel […]
September 7, 2009
Annie Leibovitz may lose the copyright to her famous images if millions in debt is not paid.
Press Release Service – Wired PR News – One of the nation’s most celebrated photographers is at risk of losing the copyright to her famous images. As reported by the Associated Press (AP), Annie Leibovitz, whose photos are notorious […]
September 2, 2009
WiredPRNews.com — Debt Recovery specialist Red2Black Collections Limited is hoping to maximise recovery rates for its prospective clients by launching an innovative new product to the market.
Red2Black Collections, which offers outsourced collections at every stage of the debt collection life cycle, has launched ‘Loss Prevention Plus’, a one-stop solution designed to make the debt collections […]
August 20, 2009
The billionaire investor remarks on the state of the economy in an opinion column published Wednesday.
Press Release Service – Wired PR News – Warren Buffett has said that although the economy is on the path to recovery, the high debt amassed by the U.S. could lead to inflation. As reported by Reuters, the billionaire investor […]
July 10, 2009
Consumers reportedly fell behind on credit card and loan payments in record numbers during the first quarter.
Press Release Service - Wired PR News – Consumer credit card and loan debt reportedly soared to record numbers during the first quarter. As reported by Reuters, information released by the American Bankers Association illustrated a significant increase in […]
June 29, 2009
Student loan borrowers may be able to get some relief with a new program.
Wired PR News – Those drowning in student loan debt may be able to get some relief with the aid of a new program. As reported by the Associated Press (AP), the Department of Education run program will provide for caps on […]
June 11, 2009
The Italian automaker has taken over a significant portion of the company’s assets.
Wired PR News – Fiat has now taken over the majority of Chrysler’s assets as part of a major deal. As reported by the Associated Press (AP), the Italy based company closed the deal with Chrysler Wednesday, which facilitated the creation of Chrysler […]
May 27, 2009
The automaker is seeking permission to sell assets despite objections.
Wired PR News – Financially struggling Chrysler will appear in bankruptcy court Wednesday. As reported by the Associated Press (AP), the automaker will request permission to sell many of its assets to a Fiat headed group to prevent having to resort to liquidation. The move has […]
April 11, 2009
People are warned to be cautious of tax season scams.
Wired PR News — As it gets closer to April 15, which is the deadline to file taxes, Internet scams are on the rise. As reported by CNET News, individuals are warned to be cautious of common scams such as e-mails that are claimed to be […]
February 24, 2009
Obama makes pledge to drastically cut the budget deficit.
Wired PR News.com – President Barack Obama pledged on Monday to significantly lessen the annual budget deficit despite spending increases from the recently signed stimulus bill. As reported by the Associated Press (AP), the President stated, “If we confront this crisis without also confronting the deficits that […]
