Since 2015, debt and financial distress have been rising the fastest in zip codes that are in middle class and below areas. Debt and financial distress rose the slowest since 2015 for the wealthiest zip codes.
Sears and Kmart appear to have dodged a total shut down. The company will be sold to a hedge fund manager, if a Judge approves. This will allow the companies to continue operations on a smaller scale. The sale also prevents liquidation of many store locations, and would save roughly 50,000 jobs.
Emergency situations can continue long after you have left the E.R.- especially if you arrived via air-ambulance. The bills for such an endeavor can exceed tens of thousands of dollars. With air-ambulance debt collection agencies hounding patients, the months and years following an incident may prove to be the most stressful aspect of the experience.
Tax return season in 2019 is not doubt stacking up to be a logistical challenge. The IRS is currently one of the many government agencies furloughed by the shut down- but tax returns are still due on time. The IRS has just over half of it’s usual workforce returning, without pay, to begin processing tax […]
New scam techniques take advantage of social media; thieves learn personal details about their targets grandchildren to make phony ransom calls sound more believable. The calls are so convincing, they have even tricked those who worked in the security industry. As social media continues to expand and evolve, the necessity for combating this type of […]
Former AT&T employees are blowing the whistle on the company, accusing higher-ups at the telecommunications giant of pushing its sales team to aggressively sign up customers for its streaming service DirecTV Now, leading to consumers paying for unexpected charges. Hawaii News Now spoke with several AT&T employees, including some who were fired for engaging in the […]
Comcast will become one of the world’s most indebted companies if it buys Fox If it wins the bidding war with Disney, the cable giant will take on as much as $85 billion of debt. That would be a dramatic shift for a company long known for a conservative balance sheet. And that doesn’t include the $27.5 billion […]
Messenger: Missouri COO’s former company wins Medicaid bid despite being 3 times higher than others In December, the state of Missouri sought a cure for its Medicaid problem. The Department of Social Services believes there is too much waste, fraud and abuse in the program that serves mostly as a pass-through for federal money […]
FTC Sues to Stop Two Operations Responsible for Making Billions of Illegal Robocalls The Federal Trade Commission has filed a complaint in federal district court seeking to stop two related operations and their principals who allegedly facilitated billions of illegal robocalls to consumers nationwide, pitching everything from auto warranties to home security systems and supposed debt-relief services. […]