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Highest User Reviewed Service

39% of users rated this service #1
mortgage lead CreditAndDebt.com
Users selected this service because they found creditanddebt.com to be quick and easy to use. Price of the service was fair, as reported by most users. Service was said to be quicker than local brick and mortar credit services.

Second Highest User Reviewed Service

31% of users rated this service #1
debt program LowerMyBills.com
Users chose this bill consolidation service due to its overall effectiveness. Users declared that the price was reasonable, and service adequate. Many comments concerning LowerMyBills.com include the words "very effective" and "easy".

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Latest Distressed Debt News

China Great Wall AMC OK'd To Buy Xinjiang Financial Leasing (Nasdaq)
BEIJING -(Dow Jones)- Great Wall Asset Management Corp. said Monday it received regulatory approval to acquire and restructure a financial leasing company whose operations were halted in 2004.
Will Northern Rock be stuffed by Christmas? (Sunday Herald)
will be one of the defining images of 2007, thousands of depositors queued outside the bank's branches for days to take their money out.
Walid Chammah and James Gorman Named Co-Presidents of Morgan Stanley (FinanzNachrichten)
In connection with these management changes, Co-President Zoe Cruz is retiring from the Firm after 25 years of service to Morgan Stanley. Mr. Mack said, ? Throughout her 25 years of distinguished service, Zoe has always demonstrated a deep commitment to Morgan Stanley.
Europe's Largest Bank Bails Out Funds (Washington Post)
LONDON, Nov. 26 -- HSBC Holdings, Europe's largest bank, said Monday it will bail out two troubled funds it manages by transferring about $45 billion of their assets onto its balance sheet.
Walid Chammah and James Gorman Named Co-Presidents of Morgan Stanley (Business Wire via Yahoo! Finance)
NEW YORK----Morgan Stanley today announced a number of management changes, effective December 1, 2007, including appointing: Walid A. Chammah and James P. Gorman as Co-Presidents of the Firm, working closely together across all aspects of Morgan Stanley's business.
Affluent Buyers Bolster Toll Brothers' Prospects (Builder Online)
Toll Brothers has taken its hits this year like every other big builder.
Terme Bancorp, Inc. Forms Distressed Asset Investment and Management Group (Business Wire via Yahoo! Finance)
SUMMIT, Ill.----Terme Bancorp, Inc. announced today that it has organized Terme Holdings, LLC, a single-member LLC owned by the Company. Through Terme Holdings, the Company also announced that it has formed and holds a 94.2% common membership interest in Terme Capital, LLC , an Illinois LLC.

Previous Forum Posts/Comments about distressed debt

Posted on: Nov 20, 08 08:56 am by: Rudy Flores
infocheckHeh, look at what I found...

This is the shortcut to financial ruin — and it happens to 80% of the people who take out a consolidation loan. Remember, being in any kind of debt leaves you less spendable income than you probably need to buy life's necessities. Although a consolidation loan may give you a lower payment and a little more breathing room, is that really going to leave you with enough spendable income to get you through the next 10 to 30 years.

Posted on: Nov 20, 08 06:57 am by: Emily Hutchings
debt releifHeh, look at what I found...

Make sure that you do not increase the count by being irregular in the loan repayments. Aditya has completed his masters in mass communications from Jamia University. If you need UK secured loans, unsecured Loans, mortgages visit http://www.

Posted on: Nov 20, 08 03:46 am by: Gwen Bryant
refinance mortgageI thought that this was awesome when I first read it...

The Judiciary Committee accepted some amendments, but the Republican leadership urged members to hold most of the anticipated 54 amendments until the legislation moves to the Senate floor. Among accepted amendments, the committee agreed to include a measure that clarifies that any judgment, order or settlement agreement for a violation of securities fraud law after the filing of a bankruptcy case cannot be discharged. The measure, according to its sponsor, Democratic Sen.

Posted on: Nov 19, 08 05:25 am by: Ben Ayala
soldiers and sailors credit relief actCan any of you give me some advice about this?...

Bad credit business loans have furthered the cause of preventing financial mishaps for people who want to make it on their own. Not every loan lenders is geared to provide bad credit business loans. You know you have bad credit if you are a bankrupt, CCJ, default, charge off, or have any past loan related arrears.

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