Posts Tagged ‘personal debt’

Some Republican freshmen in Congress hold major debt, disclosure forms show

Thursday, June 16th, 2011

Members of the firebrand class of Republican freshmen on Capitol Hill — elected on a pledge to attack the U.S. debt problem — have, in some cases, accumulated tens of thousands of dollars in personal debt, according to financial documents released Wednesday. Among the 87 new GOP members of Congress, the documents show, at least 30 had liabilities totaling $50,000 or more in 2010. Those debts included large mortgages on investment properties, as well as student loans and credit card balances. At least seven freshmen had credit card debt exceeding $15,000. Read full article > >

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Some Republican freshmen in Congress hold major debt, disclosure forms show

Bank seeks £90m from developer

Friday, February 25th, 2011

A County Down property developer is pursued by Anglo Irish Bank for personal debts of almost £90m, the BBC learns.

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Bank seeks £90m from developer