LYCOS RETRIEVER Beta Retriever Home  |  What is Lycos Retriever?   
Debt Relief
built 606 days ago
Uganda will be the first country to receive HIPC debt relief -- a package worth $700million in nominal terms -- in April 1998. Burkina Faso ... has qualified for HIPC reliefworth $200million, to be finalized in April 2000. HIPC eligibility decisions arepending for Mozambique and Cote d'Ivoire, among others.
In the end, both types of debt relief programs have their own pros and cons. The right choice will depend on your personal characteristics – are you easily pressured? – and how indebted you are at the moment.
Debt Negotiation Experiencing debt relief can feel like you've found the cure to a dangerous disease. Indeed, anxiety about debts can lead to health problems. You might not even realize the stress involved with a major debt until it has been cleared from your record. How many late nights have you sat up, wondering how to get yourself out of debt? Have you had to deny your family or other loved ones gifts or other indulgences because you were too deep in debt? Give DTS a chance to give you lasting relief from that crippling debt.
The legislation advanced by the Committee today would provide relief to those families by permanently excluding debt forgiven under these circumstances from tax liability. The bill would ... help would-be homeowners secure their investments through a long-term extension of the tax deduction for private mortgage insurance, and would ease restrictions for qualifying as housing cooperative corporations.
Source:
It’s ... better not to completely rely on debt relief loans to manage your finances. Consider letting go of some of your possessions, especially those that are of high value but are unnecessary.
SEARCH
MORE ABOUT
  Debt Relief