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What do Bigfoot and credit reports have in common? They're each the subject of many myths.We don't know much about 8-foot furry creatures, but we can dispel some of the folklore about credit and credit reports. Neile Simon is here to help us do that today.Neile Simon is a Certified Credit Counselor with Christian Credit Counselors (CCC), an underwriter of Faith & Finance.If you've ever wondered whether closing a credit card boosts your score or if credit counseling hurts your credit, you're not alone. Let's dive into these common misconceptions and separate fact from fiction.Myth #1: Paying Off Debt Instantly Improves Your Credit ScoreIt's a common belief that paying down debt will immediately result in a perfect credit score. However, credit improvement takes time because credit scores are based on your payment history.Reality: Your credit report gives lenders a snapshot of how responsibly you've managed debt over time. Consistently paying bills on time is the best way to build and maintain a strong score—but it won't happen overnight.Tip: Be cautious of anyone claiming they can “fix” your credit instantly. No legitimate company can erase negative (but accurate) information from your credit history overnight.Myth #2: Credit Counseling Destroys Your Credit ScoreMany people worry that seeking credit counseling will harm their credit score.Reality: Enrolling in a credit counseling program is a neutral mark on your credit report and does not directly affect your score. Closing accounts impacts your score, so working with an accredited nonprofit organization is essential to develop a plan that keeps your credit intact. That's why Christian Credit Counselors is the only organization we recommend for credit counseling and debt management. Tip: Avoid paying for expensive credit monitoring or identity protection services. You can monitor your credit for free through reputable sources.Myth #3: Canceling Credit Cards Boosts Your ScoreMany people believe that closing old or unused credit cards is a responsible move, but it can actually hurt their credit scores.Reality: Lenders want to see two or three active credit lines. Closing credit cards reduces your available credit, which can negatively impact your score by increasing your credit utilization ratio (the percentage of available credit you're using).Tip: Keep zero-balance accounts open unless they charge an annual fee. If you must close an account, do so gradually—perhaps one every six months—to minimize the temporary impact on your score.Myth #4: Too Many Inquiries Hurt Your ScoreWhile excessive hard inquiries (when lenders check your credit for a loan or credit card application) can lower your score, not all inquiries count against you.Reality: Credit bureaus recognize rate shopping—for example, when you're comparing mortgage or auto loan rates. If you make multiple inquiries within a 45-day window, they count as one single inquiry, not multiple.Tip: Always shop around for the best loan terms without worrying about multiple hits to your credit score.Myth #5: Checking Your Own Credit Report Hurts Your ScoreMany consumers avoid checking their credit reports because they fear it will negatively impact their scores.Reality: Checking your own credit is a "soft inquiry" and does not affect your score. Only "hard inquiries" (such as applying for a loan or credit card) can impact your score.Tip: Review your credit report every 6–12 months to catch errors or fraud early. Get a free report from AnnualCreditReport.com, the only official site for free credit reports.Myth #6: Credit Scores Are Locked In for Six MonthsSome believe their credit score is only updated periodically, leading to confusion when making financial decisions.Reality: Your credit score is dynamic, meaning it updates as new information is reported—not every six months. Changes in balances, payments, and account activity can impact your score as soon as they are reported by creditors.Tip: If you're working on improving your score, be patient and consistent—your efforts will show over time.Myth #7: If I Pay My Bills on Time, I Don't Need to Check My Credit ReportIt seems logical that paying your bills on time means your credit report is in good shape. But that's not always the case.Reality: 80% of credit reports contain errors. Mistakes like incorrect account information or fraudulent activity can damage your score even if you've never missed a payment.Tip: Check your credit report at least once a year to identify errors and dispute inaccuracies before they hurt your financial standing.Myth #8: All Credit Reports Are the SameMany people assume that if they check one credit report, they've seen them all.Reality: There are three major credit bureaus—Equifax, Experian, and TransUnion—and they all calculate scores differently. Some lenders may pull from only one bureau, while others check all three.Tip: Review reports from all three bureaus to get a complete picture of your credit history and spot discrepancies.Myth #9: A Divorce Decree Automatically Removes You from Joint AccountsDivorce proceedings often divide assets and debts, but that does not automatically separate joint accounts.Reality: If you and your former spouse share a loan or credit account, both of you remain responsible for the debt—even if a court assigns the balance to one person.Tip: To protect yourself, close joint accounts or refinance loans to remove your ex-spouse's name. Simply relying on a court order won't protect your credit.Myth #10: Bad Marks Automatically Disappear After Seven YearsMany assume that negative information automatically falls off their report after seven years, but it's more complicated than that.Reality: Some items, like Chapter 7 bankruptcies, remain on your report for 10 years, while Chapter 13 bankruptcies stay for seven years. Paid-off accounts in good standing can remain for 10 years, which benefits your credit history.Tip: If you have negative marks on your report, focus on building positive credit habits to minimize their impact over time.Myth #11: I Can Pay Someone to “Fix” My CreditCredit repair companies often promise quick fixes, but many of their claims are misleading.Reality: No company can legally remove accurate negative information from your credit report. If a debt is legitimately yours, it will stay on your report until its expiration date.Tip: You can dispute errors yourself for free. Christian Credit Counselors provides free resources and sample dispute letters to help you correct inaccuracies.The Truth About Credit ReportsUnderstanding your credit report and score is essential for financial success. By debunking these myths, you can take control of your credit and make informed financial decisions.Check your credit report regularly for errorsKeep credit card accounts open to maintain a strong scoreShop around for loans without worrying about multiple inquiriesWork with trusted advisors, not credit repair scamsIf you're struggling with credit card debt, Christian Credit Counselors can help. They've helped thousands of people get out of debt 80% faster while honoring their financial obligations.Visit ChristianCreditCounselors.org or call 800-557-1985 to learn more.On Today's Program, Rob Answers Listener Questions:I have a $50,000 home equity line of credit with $40,000 currently owed. I'm in school for one more year and have had to draw $1,000-$2,000 from the line every couple of months to cover expenses. My interest rate is 2.6%. I was wondering if I could use the equity in my home to pay off this debt and get some extra cash to help me through the rest of school.Resources Mentioned:Faithful Steward: FaithFi's New Quarterly MagazineChristian Credit CounselorsAnnualCreditReport.comWisdom Over Wealth: 12 Lessons from Ecclesiastes on Money (Pre-Order)Look At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.
Talk to the team at Debt Redemption Texas Debt Relief (210-503-1099) for friendly, approachable service - and you can find yourself debt-free in as little as 24-48 months! Find out more at https://debtredemption.com/debt-relief-in/san-antonio-texas/ Debt Redemption Texas Debt Relief City: San Antonio Address: 40 NE Interstate 410 Loop, Suite 565 Website: https://debtredemption.com/
The small businesses paying the price for free school lunches after the collapse of the main provider Libelle Group. Libelle, which made meals for the government's revamped programme, has gone bust owing more than $14 million to dozens of creditors. Liquidators Deloitte said one of the failed company's biggest problems was scaling up too fast going from making about 17,000 lunches to more than 125,000 a day. Hamilton Company Echo Automation worked on Libelle's production line equipment where the lunches were packaged.Owner Sean Donovan told Lisa Owen he was blindsided by it going bust.
What makes a creditor claim valid in a probate? We do estate planning. We do probate. We do it well. If you are in Washington State and need help, you can get a free strategy session at the link in our bio. #estateplanning #probate #realestate #wealth #trusts #legacy #estatetaxes #lawyer #attorney #taxes #money
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Guest: David Ian Gray - Vancouver Retail Analyst Learn more about your ad choices. Visit megaphone.fm/adchoices
Premier's statement on removing all U.S. alcohol from BCLIQUOR stores (0:36) Guest: Jeff Guignard - Executive Director, ABLE BC (B.C.'s Alliance of Beverage Licensees) Mark Carney is the new Liberal leader, replacing Justin Trudeau (9:13) Guest: Warren Kinsella - Former special Advisor to Jean Chretien and founder of the Daisy Group Hudson's Bay files for creditor protection to avoid bankruptcy: 'This is a big loss for Canada' (19:27) Guest: David Ian Gray - Vancouver Retail Analyst Learn more about your ad choices. Visit megaphone.fm/adchoices
Sebastian Hams Korda Mentha Administrator & Steelworks Creditor Chris - 4th March 2025See omnystudio.com/listener for privacy information.
For creditor harassment protection services to bankruptcy petition expertise, reach out to the Law Office of Kim Covington in Roseburg, OR! More details at https://www.kimcovington-bankruptcylawyer.com/ Law Office of Kim Covington City: Eugene Address: 207 East 5th Avenue Website: https://www.kimcovington-bankruptcylawyer.com/
église AB Lausanne ; KJV 2 Kings (4 Kings) 4 Now there cried a certain woman of the wives of the sons of the prophets unto Elisha, saying, Thy servant my husband is dead; and thou knowest that thy servant did fear the LORD: and the creditor is come to take unto him my two sons to be bondmen. And Elisha said unto her, What shall I do for thee? tell me, what hast thou in the house? And she said, Thine handmaid hath not any thing in the house, save a pot of oil. Then he said, Go, borrow thee vessels abroad of all thy neighbours, even empty vessels; borrow not a few. And when thou art come in, thou shalt shut the door upon thee and upon thy sons, and shalt pour out into all those vessels, and thou shalt set aside that which is full. So she went from him, and shut the door upon her and upon her sons, who brought the vessels to her; and she poured out. And it came to pass, when the vessels were full, that she said unto her son, Bring me yet a vessel. And he said unto her, There is not a vessel more. And the oil stayed. Then she came and told the man of God. And he said, Go, sell the oil, and pay thy debt, and live thou and thy children of the rest. And it fell on a day, that Elisha passed to Shunem, where was a great woman; and she constrained him to eat bread. And so it was, that as oft as he passed by, he turned in thither to eat bread. And she said unto her husband, Behold now, I perceive that this is an holy man of God, which passeth by us continually. Let us make a little chamber, I pray thee, on the wall; and let us set for him there a bed, and a table, and a stool, and a candlestick: and it shall be, when he cometh to us, that he shall turn in thither. ...
Send us a textJoin us as we sit down with Bankruptcy Attorney, Darin Wisehart, to discuss what you can expect from a Chapter 13 Bankruptcy repayment plan.As a leading divorce, bankruptcy and personal injury firm in Portland, our attorneys provide guidance on custody, alimony, separation, estate planning, and more. Learn what to expect in Oregon and Washington divorce cases and how we can help.If you would like to speak with one of our attorneys, please call our office at (503) 227-0200, or visit our website at https://www.pacificcascadelegal.com.Disclaimer: Nothing in this communication is intended to provide legal advice nor does it constitute a client-attorney relationship, therefore you should not interpret the contents as such.
Send us a textJoin us as we sit down with Bankruptcy Attorney, Darin Wisehart, to discuss how to prepare for the meeting of creditors in a Chapter 7 bankruptcy, and ensure that all runs smoothly not only for the meeting, but for the bankruptcy as a whole.As a leading divorce firm in Portland, our attorneys provide guidance on custody, alimony, separation, estate planning, and more. Learn what to expect in Oregon and Washington divorce cases and how we can help.If you would like to speak with one of our attorneys, please call our office at (503) 227-0200, or visit our website at https://www.pacificcascadelegal.com.Disclaimer: Nothing in this communication is intended to provide legal advice nor does it constitute a client-attorney relationship, therefore you should not interpret the contents as such.
You ever had an officer serve you papers and you realize it's a lawsuit against you, for not paying back a debt? We all know this probably felt scary! In this episode, we'll explain what happens and what options you may have!Website: www.StirgusCreditRepair.comEmail: Info@StirgusCreditRepair.com Order our books: www.stirguscreditrepair.com/booksFollow our Facebook Business Page: https://www.facebook.com/StirgusCreditRepair/Join our Facebook Group Community: https://www.facebook.com/groups/113357348489166/Instagram: https://www.instagram.com/stirgus_credit_repair/Youtube Channel: https://www.youtube.com/channel/UC3nZSspf2jn1ZX65a-6u6rgSpotify: https://open.spotify.com/show/0C9pUEygDjsDZHy1WEeRMoApple Podcasts: https://podcasts.apple.com/us/podcast/stirgus-credit-repair/id1612066520GooglePodcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9tZWRpYS5yc3MuY29tL3N0aXJndXNjcmVkaXRyZXBhaXIvZmVlZC54bWwMusic by Ryan Little - Ascension - https://thmatc.co/?l=100D9FF4
If you're struggling to make your regular credit payments in San Antonio, Debt Redemption Texas Debt Relief (+1-800-971-4060) is here to help! Find out more at: https://debtredemption.com/debt-relief-in/san-antonio-texas/ Debt Redemption Texas Debt Relief City: San Antonio Address: 40 NE Interstate 410 Loop, Suite 565 Website: https://debtredemption.com/ Phone: +1 800 971 4060
With Debt Redemption Texas Debt Relief (+1-800-971-4060) you can get out of debt fast, often in as little as 24-48 months. Talk to the local experts today! Find out more at: https://debtredemption.com/houston-texas/ Debt Redemption Texas Debt Relief City: San Antonio Address: 40 NE Interstate 410 Loop, Suite 565 Website: https://debtredemption.com/ Phone: +1 800 971 4060
Mario Cloutier from Manulife joins Clinton Wilkins and Dan Ahlstrand again to discuss risk coverage for borrowers who are looking to build and the high cost of construction today. The three wrap the show by taking a listener's call, answering the questions he had on the subject of creditor insurance.
In this episode of The Cut, Simon Cathro speaks with Keiran Breckenridge and Jonathon Turner from Lander & Rogers about secured creditors and receiverships, a topic not covered in previous episodes Jonathan Turner is a partner at Landers and Rogers, specialising in corporate restructuring, insolvency, and finance. He joined the firm about 15 months ago, moving from NRF. Jonathan's expertise and experience contribute to Landers and Rogers' growing focus on corporate restructuring, insolvency, and finance Keiran Breckenridge is a special counsel at Landers and Rogers, specializing in insolvency law. He has been with the firm for seven years. Prior to joining Landers and Rogers, Keiran took a few years to work in regional New South Wales, specifically in Tamworth and Armidale, as part of a “tree change” with his wife. This diverse experience in both city and country legal practices has contributed to his comprehensive understanding of insolvency law and practice. Key points discussed in this episode: Overview of Lander & Rogers, its history, and recent growth in the corporate restructuring, insolvency, and finance space The increasing trend of receiverships and the changing landscape of lenders in the market The importance of security reviews and investigating accountant reports in the receivership process Options available to secured creditors, including receivership, mortgage in possession, and voluntary administration This episode provides valuable insights into the current state of receiverships and the role of secured creditors in the insolvency process. Links Keiran Breckenridge's Linkedin Jonathon Turner's Linkedin Simon Cathro's Linkedin Lander & Rogers Insolvency and Restructuring Australian Restructuring Insolvency and Turnaround Association (ARITA) Cathro & Partners are experts in providing insolvency and restructuring services that help to create and preserve business value and to enable individuals to make a fresh start. The firm specialises in restructuring, turnaround, personal and corporate insolvency, safe harbour, secured enforcement services, government advisory services and pre-lending services. For a confidential discussion on any of the above, please reach out to one of our experts.
Join Chris Willis and his colleague Stefanie Jackman as they delve into the recent amendments to New York City's debt collection rules. In this episode of The Consumer Finance Podcast, they discuss the significant changes, including communication restrictions, validation requirements, and the expanded coverage to include creditors. Learn about the implications for both creditors and debt collectors, the enforcement mechanisms, and the ongoing legal challenges. Stay informed and prepared for the April 1, 2025, enforcement date.
DEAR PAO: Creditor cannot be compelled to accept partial payments | Oct 30, 2024Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribeVisit our website at https://www.manilatimes.netFollow us:Facebook - https://tmt.ph/facebookInstagram - https://tmt.ph/instagramTwitter - https://tmt.ph/twitterDailyMotion - https://tmt.ph/dailymotionSubscribe to our Digital Edition - https://tmt.ph/digitalSign up to our newsletters: https://tmt.ph/newslettersCheck out our Podcasts:Spotify - https://tmt.ph/spotifyApple Podcasts - https://tmt.ph/applepodcastsAmazon Music - https://tmt.ph/amazonmusicDeezer: https://tmt.ph/deezerStitcher: https://tmt.ph/stitcherTune In: https://tmt.ph/tunein#TheManilaTimes#KeepUpWithTheTimes Hosted on Acast. See acast.com/privacy for more information.
There were 238 corporate insolvencies in Q3 2024, up 60% compared to the same quarter in 2023, according to new figures published by Deloitte. This brings the total number of insolvencies in the first three quarters of 2024 to 650, up by 36% compared to the same period in 2023. Commenting on the latest statistics, James Anderson, Turnaround & Restructuring Partner, Deloitte Ireland, said: "In Deloitte's last quarterly update we forecasted that Ireland was on course for more than 800 insolvencies in 2024, but it is now likely that it will be closer to 900. At the current activity level, corporate insolvencies in 2024 are on track to be 30% greater than in 2023, with forecasted activity to be in line with 2017, which had 874 appointments. SMEs continue to be disproportionately affected, accounting for 98% of activity levels. The hospitality and retail sectors accounted for 28% of activity levels in 2024 both of which significantly increased from the same period in 2023. These stark figures reinforce how the cost of doing business in Ireland in recent years has significantly increased. More tailored supports and reliefs are required to support SMEs in Ireland." The increase in insolvencies year-to-date Q3 2024 is driven by Creditor's Voluntary Liquidation (CVL) activity, which saw a 38% increase compared with the same period last year. Nearly all insolvencies in Q3 2024 were SMEs (98%), which is the same as H1 2024 corporate insolvency figures. Small Companies Administrative Rescue Process (SCARP) There have been 9 SCARP appointments in Q3, bringing the total to 22 in 2024 and saving 272 jobs. The number of appointments is the same as 2023. Since its introduction, there have been 77 SCARP appointments. Anderson said: "I would encourage SMEs (and their advisors) to consider SCARP as a viable option to supporting businesses and saving jobs. The low number of companies using the process does not align with the positive impact and outcomes that the scheme has had." Sector focus As in previous periods, the wide-ranging services sector accounts for the highest proportion of corporate insolvencies by the end of Q4 2023 with 237 insolvencies, representing 36% of total insolvencies recorded in the first 9 months of the year. Within the services sector, financial services and holding companies account for the highest incidence of insolvencies with 76 so far in 2024. Other notable services sub-sectors were Technical and Professional Services with 41 Insolvencies, real estate with 30 insolvencies and Entertainment with 20 insolvencies. The hospitality sector continues to see significant increases in insolvencies - with 108 so far in 2024, which is 61% up from the same period in 2023 (67) and significantly higher than the same periods in 2021 and 2022 when there were just 26 hospitality insolvencies. This is likely due to similar trends seen throughout the year, including increased labour and energy costs, as well as the VAT rate at 13.5% and insurance costs. The remainder of the insolvencies were spread amongst the other sectors, with 74 in Retail, 67 in Construction, 33 in Manufacturing, 29 in Transport, 28 in IT, 19 in wholesale and the remainder in other business sectors. Regional focus Leinster had the highest number of insolvencies in 2024 to date with 504 (78% of all insolvencies), as expected. There were 82 (13%) in Munster, 55 (8%) in Connacht, and 9 in Ulster (Republic of Ireland only). Notes Industry Number of insolvencies in YTD Q3 2024 Construction 67 Hospitality 108 Manufacturing 33 IT & Other 28 Retail 74 Services 237 Other Business activities 55 Transport 29 Wholesale 19 Creditors' Voluntary Liquidation (CVLs) is a terminal insolvency procedure whereby the directors of a company instruct a Licensed Insolvency Practitioner to act as a liquidator to wind up the company's affairs because it has become insolvent and unable to continue to trade. Small Companies Administrative Rescue Process (SCARP) was introduced at the end of 2...
Meryl chats with Rabbi Menachem Creditor and Dr. Ora Horn Prouser about their new collection of High Holiday supplemental readings that were written in response to last October 7's Massacre in Israel when 1,200 were killed and 251 were kidnapped and held hostage. Contributors to the book include rabbis, academics, poets, Americans, Israelis, and scholars and students of the Academy for Jewish Religion. Rabbi Menachem Creditor serves as the Pearl and Ira Meyer Scholar in Residence at UJA-Federation New York and was the founder of Rabbis Against Gun Violence. An acclaimed author, scholar, and speaker with over 3 million views of his online videos and essays, he was named by Newsweek as one of the fifty most influential rabbis in America. Dr. Ora Horn Prouser is the CEO and Academic Dean at the Academy for Jewish Religion. Her book, Esau's Blessing: How The Bible Embraces Those With Special Needs, was recognized as a National Jewish Book Council Finalist. These Holy Days: A High Holidays Supplement After October 7: https://a.co/d/jajfFT3 Menachem Creditor: menachemcreditor.net/ Ora Horn Prouser: https://ajr.edu/admin_and_staff/ora-horn-prouser/ Copyright by Authors on the Air Global Radio Network #AuthorsOnTheAir #AuthorsOnTheAirGlobalRadioNetwork #AOTA #Israel #Pluralism #TheLandOfIsrael #AttackOnIsrael #IsraelAtWar #AfterOctober7 #October7Attack #Grief #antisemitism #TheseHolyDays #AHighHolidaysSupplementAfterOctober7 #RoshHashanah #YomKippur #SimchatTorah #RabbiMenachemCreditor #DrOraHornProuser #AJR #AcademyForJewishReligion #APrayerForTheStateOfIsrael #BethDwoskin #MeGodAndTheTerrorist #RabbiDavidEhrenkranz #EssaysPoemsPrayers #Hostages #Machzor #PeopleoftheBook #MerylAin #TheTakeawayMen #Sequel #ShadowsWeCarry #LetsTalkJewishBooks #JewsLoveToRead!
“Our sin debt has been paid in full with a currency we do not and never will possess.” — Clark Whitten Sin is a Debt, an act of War, & a Crime against the Creator. God has roles at Creditor, Offended Party & Judge. Thankfully we have Jesus. Listen & rejoice
Laila Kollmorgen, Portfolio Manager, CLO Tranche for Pinebridge Investments, joins Jack for a Fireside Chat on Forward Guidance to discuss why collateralized loan obligations (CLOs) have rallied so much over the past two years as most of the fixed-income world has suffered enormously. Laila explains why she likes the structure of CLOs and why she thinks there will be an opportunity to be selective going forward as credit fundamentals begin to soften and valuations have increased. This interview is a Fireside Chat and paid sponsorship on behalf of the VanEck Associates Corporation. __ Follow VanEck on Twitter https://x.com/vaneck_us Laila Kollmorgen's articles on Pinebridge: https://www.pinebridge.com/en/insights/after-the-clo-rally-selectivity-will-be-key-as-fundamentals-shift https://www.pinebridge.com/en/insights/after-the-clo-rally-selectivity-will-be-key-as-fundamentals-shift https://www.pinebridge.com/en/insights/leveraged-finance-asset-allocation-insights-issuer-selection-is-key-as-loans Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ __ Timestamps: (00:00) Introduction (01:15) What Is A Collateralized Loan Obligation (CLO)? (05:37) CLOs (Collateralized Loan Obligations) vs. CDOs (Collateralized Debt Obligations): How CLOs Fared Much Better Than CDOs During The Great Financial Crisis (13:13) Market Value CDOs and CLO Reinvestment Periods (19:45) Why CLOs Have Performed So Well (24:54) If Silicon Valley Bank Had Invested In CLOs Instead of Long-Duration Paper (Agency MBS & Treasurys), Perhaps They Would Still Be Around! (35:26) CLO Valuations And Laila's Base Case For CLOs As Interest Rate Cutting Cycle Is About To Begin (41:21) Have Economic Fundamentals Begun To Soften? (43:37) Refinancing Risk (i.e. if CLO Manager Pays Off Tranche Liabilities At Par To Refinance At Tighter Spread) (46:32) Some CLO Investors Were Buying Callable Paper Above Part (>100)! (That's "Crazy" Says Kollmorgen) (51:59) The Maturity Wall For High Yield and Corporate Credit Has Been Extended (56:13) How Might Various Tranches Of CLO Asset Class Perform In A Recession? (59:41) Risk of Default and Risk of Distressed Sales (01:03:53) Views On Liquidity and Volatility (01:09:04) Not A Huge Fan of Private Credit CLOs (01:13:37) Thoughts on "Creditor on Creditor Violence" (01:17:10) Red Flags to Avoid In CLO World __ Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor befor
In this special crossover episode of The Consumer Finance Podcast and FCRA Focus, host Kim Phan is joined by fellow Troutman Pepper partner Stefanie Jackman and Michelle Macartney, managing partner and chief compliance officer at Bridgeforce. Together, they delve into the complexities of reporting collections activity to consumer reporting agencies. Michelle shares her extensive experience in consumer reporting compliance, offering valuable insights into the challenges and best practices for maintaining data accuracy and handling disputes. The discussion also covers the latest CFPB draft rulemaking on medical debt and its implications for consumer reporting agencies, end users, and furnishers. Tune in to learn how to navigate the intersection of FCRA and debt collection as well as discover effective compliance strategies to mitigate risks in today's regulatory environment. Don't miss this informative episode packed with practical tips and industry updates!
With Debt Redemption Texas Debt Relief (+1-800-971-4060), you can take immediate action to start the process of reducing your debt and building a debt-free future that you can enjoy. It's a 100% veteran-owned, proud Texan business helping fellow Texans! Find out more at: https://debtredemption.org/debt-relief/dallas-texas/ Debt Redemption Texas Debt Relief City: San Antonio Address: 40 NE Interstate 410 Loop, Suite 565 Website: https://debtredemption.com/ Phone: +1 800 971 4060
Welcome to The Times of Israel's Daily Briefing, your 20-minute audio update on what's happening in Israel, the Middle East and the Jewish world. Rabbi Menachem Creditor, the Pearl and Ira Meyer Scholar in Residence at UJA-Federation New York, joins host Amanda Borschel-Dan in The Times of Israel's Jerusalem offices for today's special Shabbat episode. Ten months into the war with Hamas, it is easy for Israelis to lose heart and focus on the struggle rather than the beauty and purpose of the Jewish state. Creditor brings words of strength and shares moving experiences from his short support mission to Israel this week. Subscribe to The Times of Israel Daily Briefing on Apple Podcasts, Spotify, YouTube, or wherever you get your podcasts. This episode was produced by the Pod-Waves. IMAGE: Rabbi Menachem Creditor, the Pearl and Ira Meyer Scholar in Residence at UJA-Federation New York (courtesy)See omnystudio.com/listener for privacy information.
With Debt Redemption Texas Debt Relief (+1-800-971-4060), you can take steps to achieving a financially free future and escaping the mountain of debt you're under - with Texan-only plans tailored for your situation! Find out more at: https://debtredemption.com/debt-relief/san-antonio-texas/ Debt Redemption Texas Debt Relief City: San Antonio Address: 40 NE Interstate 410 Loop, Suite 565 Website: https://debtredemption.com/ Phone: +1 800 971 4060
The family of slain waiter Ron Goldman want what they're owed, RadarOnline.com can reveal.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Sinclair ships QLs, Atari looks hopeful & Jack is BACK! These stories and many more on this episode of the VGNRTM! This episode we will look back at the biggest stories in and around the video game industry in May 1984. As always, we'll mostly be using magazine cover dates, and those are of course always a bit behind the actual events. Alex Smith of They Create Worlds is our cohost. Check out his podcast here: https://www.theycreateworlds.com/ and order his book here: https://www.theycreateworlds.com/book or get it in the Humble Bundle here: https://www.humblebundle.com/books/game-programming-taylor-francis-books Get us on your mobile device: Android: https://www.google.com/podcasts?feed=aHR0cHM6Ly92aWRlb2dhbWVuZXdzcm9vbXRpbWVtYWNoaW5lLmxpYnN5bi5jb20vcnNz iOS: https://podcasts.apple.com/de/podcast/video-game-newsroom-time-machine And if you like what we are doing here at the podcast, don't forget to like us on your podcasting app of choice, YouTube, and/or support us on patreon! https://www.patreon.com/VGNRTM Send comments on Mastodon @videogamenewsroomtimemachine@oldbytes.space Or twitter @videogamenewsr2 Or Instagram https://www.instagram.com/vgnrtm Or videogamenewsroomtimemachine@gmail.com Links: If you don't see all the links, find them here: https://www.patreon.com/posts/108363601 7 Minutes in Heaven: Rescue on Fractalus Video Version: https://www.patreon.com/posts/108357926 https://www.mobygames.com/game/11726/rescue-on-fractalus/ Corrections: April 1984 Ep - https://www.patreon.com/posts/april-1984-106448718 Ethan's fine site The History of How We Play: https://thehistoryofhowweplay.wordpress.com/ https://archive.org/details/cashbox35unse_42/page/50/mode/1up?view=theater https://www.quora.com/What-was-Alan-Kays-experience-like-working-at-Apple https://en.wikipedia.org/wiki/IBM_TopView https://en.wikipedia.org/wiki/Smalltalk 1974: New York Court rules pinball is a game of skill https://archive.org/details/cashbox35unse_45/page/51/mode/1up?view=theater Atari opens another Game Center https://archive.org/details/cashbox35unse_45/page/50/mode/1up?view=theater https://web.archive.org/web/20191123025509/https://www.ataricompendium.com/archives/documents/press_kits/atari_leisure_time_game_center.pdf Bally buys Alladin's Castle https://archive.org/details/cashbox36unse/page/43/mode/1up 1984: Morgan predicts profitability by July 1 Atari expects to return to surplus this year. Financial Times (London,England), May 22, 1984, Tuesday, Section: SECTION II; International Companies; Pg. 21, Byline: BY LOUISE KEHOE IN SAN FRANCISCO National News in Brief, United Press International, May 22, 1984, Tuesday, PM cycle, Section: Domestic News, Dateline: SANTA CLARA, Calif. Ross predicts Warner profitability No Headline In Original, The Associated Press, May 24, 1984, Thursday, BC cycle, Section: Business News Atari confirms negotiations with Philips Discussions with Philips; ATARITEL TO DELAY ENTRY INTO HIGH-TECH PHONE MARKET, Communications Daily, May 29, 1984, Tuesday, Section: Vol. 4, No. 104; Pg. 2 Atari announces more layoffs and plant closing "Computer Giant Furloughs Middle Managers, The Associated Press, May 31, 1984, Thursday, AM cycle, Section: Domestic News, Dateline: SUNNYVALE, Calif. Atari to end Hong Kong venture, Financial Times (London,England), ,May 31, 1984, Thursday, Section: SECTION II; International Companies; Pg. 19, Byline: BY LOUISE KEHOE IN SAN FRANCISCO" Alan Kay goes to Apple https://www.nytimes.com/1984/05/03/business/key-atari-scientist-switches-to-apple.html?searchResultPosition=1 Jack is back https://archive.org/details/popular-computing-weekly-1984-05-17/mode/1up?view=theater Tramel Technology founded https://mcurrent.name/atarihistory/tramel_technology.html Commodore exec exodus continues https://archive.org/details/popular-computing-weekly-1984-05-24/page/n4/mode/1up?view=theater Gulf and Western sells Sega "COMPUTER SERVICES OBTAINS 70 PCT STAKE IN SEGA ENTERPRISES, Jiji Press Ticker Service, MAY 21, 1984, MONDAY, Dateline: TOKYO, MAY 21 No Headline In Original, PR Newswire, May 21, 1984, Monday" Bally profits plummet https://archive.org/details/cashbox46unse_15/page/29/mode/1up?view=theater Mattel secures new financing Mattel Agrees To Give Up 45 Percent of Its Voting Stock, The Associated Press, May 4, 1984, Friday, AM cycle, Section: Business News https://www.nytimes.com/1984/05/04/business/mattel-sets-restructuring.html?searchResultPosition=1 Coleco issues new debt Troubled Game Manufacturer Rasing $50 Million With Debentures, The Associated Press,May 9, 1984, Wednesday, AM cycle, Section: Business News Coleco backlog is enormous Toy and Hobby World, May 1984, pg. 8 Coleco gets new ad agency Ketchum Scores Coleco; Demands Cash Up Front From Shaky ClientADWEEKMay 21, 1984, Eastern Edition, Byline: By Debbie Seaman Hasbro buys Milton Bradley https://www.nytimes.com/1984/05/05/business/rival-gets-milton-bradley.html?searchResultPosition=1 Toys R Us sales grow, but not thanks to games No Headline In Original, PR Newswire, May 2, 1984, Wednesday, Dateline: ROCHELLE PARK, N.J., May 2 Japanese Coinop makers go after North American Pirates https://archive.org/details/cashbox46unse_16/page/30/mode/1up?view=theater https://archive.org/details/cashbox46unse_17/page/n29/mode/1up Century's CVS gets new lease on life Play Meter May 1, 1984, pg. 21 https://www.arcade-museum.com/company/crown-vending Bankers learn not to finance games Selling Repossessed Items Is a Banker's Nightmare; Want to Buy a Trawler, Bordello, or Video Game?, The American Banker, May 30, 1984, Wednesday, Section: BACK PAGE; Pg. 24, Byline: Special to the American Banker, Dateline: ST. PETERSBURG, Fla. Activision sales collapse No Headline In Original, United Press International, May 3, 1984, Thursday, BC cycle, Section: Financial, Dateline: MOUNTAIN VIEW, Calif. Video Games aren't DEAD! https://archive.org/details/computer-entertainer-3-2/page/30/mode/1up Atari announces 7800 Atari Unveils Video Game Expandable into Computer, The Associated Press,May 21, 1984, Monday, BC cycle,Section: Business News ATARI; Unveils advanced video game that is expandable to introductory computer, Business Wire, May 21, 1984, Monday Adam owner frustration grows https://archive.org/details/computer-entertainer-3-2/page/n4/mode/1up?view=theater MSX adopts 3.5 inch disks https://archive.org/details/popular-computing-weekly-1984-05-31/page/n4/mode/1up?view=theater Activision signs deal with Pony ACTIVISION; Signs licensing agreement with Pony Inc. for Japanese markets, Business Wire, May 30, 1984, Wednesday, Dateline: MOUNTAIN VIEW, Calif. MSX coming to UK https://archive.org/details/popular-computing-weekly-1984-05-24/mode/1up?view=theater Dragon to announce MSX machine https://archive.org/details/popular-computing-weekly-1984-05-31/mode/1up?view=theater https://tromax.webnode.es/ https://en.wikipedia.org/wiki/Dragon_MSX Philips and Thompson want to set new standard https://archive.org/details/popular-computing-weekly-1984-05-03/mode/1up?view=theater Amstrad development fracas revealed https://archive.org/details/popular-computing-weekly-1984-05-03/page/n11/mode/1up?view=theater Acorn announces ABM https://en.wikipedia.org/wiki/Acorn_Business_Computer https://archive.org/details/popular-computing-weekly-1984-05-03/page/n4/mode/1up?view=theater First QL's go out to customers https://archive.org/details/popular-computing-weekly-1984-05-03/page/n4/mode/1up?view=theater Popular Computing Weekly gets their QL! https://archive.org/details/popular-computing-weekly-1984-05-10/page/n4/mode/1up https://archive.org/details/popular-computing-weekly-1984-05-17/page/n15/mode/1up https://archive.org/details/popular-computing-weekly-1984-05-31/page/n22/mode/1up?view=theater Sir Clive passes on Delorean plant https://archive.org/details/popular-computing-weekly-1984-05-24/page/n4/mode/1up?view=theater Computer games take CES by storm https://archive.org/details/Creative_Computing_1984-05/page/n135/mode/1up?view=theater Mac software arrives https://archive.org/details/Creative_Computing_1984-05/page/n207/mode/2up?view=theater First Origin games get tested https://archive.org/details/computer-entertainer-3-2/page/n4/mode/1up?view=theater Lucasfilm Games Premieres https://archive.org/details/computer-entertainer-3-2 Lucasfilm ''force'' enters video game market, United Press International, May 9, 1984, Wednesday, AM cycle, Section: Domestic News, Byline: By JOHN M. LEIGHTY British devs embrace C64 https://archive.org/details/popular-computing-weekly-1984-05-31/page/n4/mode/1up?view=theater USGold launches with Aztec Challenge and Forbidden Forest https://archive.org/details/computer-and-videogames-031/page/n15/mode/2up https://archive.org/details/computer-and-videogames-031/page/n32/mode/1up?view=theater https://archive.org/details/computer-and-videogames-031/page/n41/mode/1up?view=theater https://archive.org/details/computer-and-videogames-031/page/n59/mode/1up?view=theater https://archive.org/details/CommodoreHorizonsIssue051984May300dpi/page/n23/mode/2up?view=theater Evil Dead coming to the C64 https://archive.org/details/popular-computing-weekly-1984-05-17/mode/1up?view=theater Leisure Games wants you to go to Jail, do not pass go, do not collect $200 https://archive.org/details/popular-computing-weekly-1984-05-03/page/n4/mode/1up?view=theater https://www.mobygames.com/company/2715/leisure-genius/ Games Network warns that Bankruptcy is looming Computer Taken by Creditor; GAMES NETWORK INSOLVENT, SAYS BANKRUPTCY IS NEAR, Communications Daily, May 17, 1984, Thursday,Section: Vol. 4, No. 97; Pg. 2 Adam Magazine to arrive https://archive.org/details/computer-entertainer-3-2/page/25/mode/1up Australia recognizes Copyright ASIA-PACIFIC ECONOMIC NEWS IN BRIEF, Copyright 1984 Jiji Press Ltd.Jiji Press Ticker Service, MAY 30, 1984, WEDNESDAY Sanders income booms while royalty revenue dips SANDERS-ASSOCIATES; Financial resultsBusiness WireMay 21, 1984, Monday, Dateline: NASHUA, N.H. Battlefield Earth gets a soundtrack https://archive.org/details/cashbox46unse_15/page/n31/mode/1up?view=theater Recommended Links: The History of How We Play: https://thehistoryofhowweplay.wordpress.com/ Gaming Alexandria: https://www.gamingalexandria.com/wp/ They Create Worlds: https://tcwpodcast.podbean.com/ Digital Antiquarian: https://www.filfre.net/ The Arcade Blogger: https://arcadeblogger.com/ Retro Asylum: http://retroasylum.com/category/all-posts/ Retro Game Squad: http://retrogamesquad.libsyn.com/ Playthrough Podcast: https://playthroughpod.com/ Retromags.com: https://www.retromags.com/ Games That Weren't - https://www.gamesthatwerent.com/ Sound Effects by Ethan Johnson of History of How We Play. Copyright Karl Kuras
“Contentment is great wealth.” “We are stewards of God's gifts, not owners.” “We brought nothing into the world and we can take nothing with us.” These statements are all true, but how do we live like it? It requires a lot of work and patience to make wise financial decisions. Especially in a world where most find themselves enslaved by debt with no easy way out. Come and receive practical training on how to manage debt and find hope at the end of the tunnel.
“Contentment is great wealth.” “We are stewards of God's gifts, not owners.” “We brought nothing into the world and we can take nothing with us.” These statements are all true, but how do we live like it? It requires a lot of work and patience to make wise financial decisions. Especially in a world where most find themselves enslaved by debt with no easy way out. Come and receive practical training on how to manage debt and find hope at the end of the tunnel.
“Contentment is great wealth.” “We are stewards of God's gifts, not owners.” “We brought nothing into the world and we can take nothing with us.” These statements are all true, but how do we live like it? It requires a lot of work and patience to make wise financial decisions. Especially in a world where most find themselves enslaved by debt with no easy way out. Come and receive practical training on how to manage debt and find hope at the end of the tunnel.
Have an old or forgotten credit card bill? You might end up carless. GBH's Jenifer McKim looks into the debt collection tactics of Andrew Metcalf of Avon, now under legal fire and an investigation by the state attorney general's office.
Rabbi Menachem Creditor is a visionary leader, known for his unwavering commitment to combating gun violence in America, and his deep passion for the Jewish people and Israel. As a prominent voice within the Jewish community, Rabbi Creditor tirelessly advocates for sensible gun control measures, drawing upon both his religious convictions and his profound sense of social justice. His advocacy extends beyond the pulpit, as he actively engages in grassroots organizing, educational initiatives, and interfaith collaborations to address the pressing issue of gun violence in society. Alongside his dedication to social justice causes, Rabbi Creditor's love for the Jewish people and Israel shines through in his teachings, writings and music, where he emphasizes the importance of community, empathy, and a shared commitment to building a better world for all. Through his leadership and activism, Rabbi Menachem Creditor embodies the timeless values of compassion, justice, and solidarity within both the Jewish tradition and the broader human family. And Menachem is married to Neshama Carlebach.
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You know of the infamous murder trial involving OJ Simpson and the Goldman and Brown families that took place in the 90s. And in case you happened to miss the news, Simpson passed away recently, stirring up the family conflicts all over again. Here at Absolute Trust Talk, we have an affinity for celebrity estate drama, mainly because of the important estate planning lessons we can take away. While the exact details of OJ's estate structure remain unknown, the estate will probably undergo probate due to the presence of creditors. Listen in as we cover all the details we know so far and share some essential estate planning wisdom with you along the way. Time-stamped Show Notes: 0:00 Introduction 1:23 Here's what we know about the executor handling OJ Simpson's estate and the public statement made. 3:35 Next, we're summarizing the current legal tension with the Goldman family. 5:33 The Goldmans want their rightful payout from the Simpson estate. However, much of his assets are tied up. 7:36 Listen in as we discuss what it means to go through the probate process and the executor's role. 8:55 When divvying up money from an estate, the probate expenses and executor must first be paid, as well as super creditors like the IRS.
Join us as we sit down with Bankruptcy Attorney, Darin Wisehart, to discuss the path of debts throughout the bankruptcy process, with a focus on how they're treated after a bankruptcy is filed.If you would like to speak with one of our attorneys, please call our office at (503) 227-0200, or visit our website at https://www.pacificcascadelegal.com.Disclaimer: Nothing in this communication is intended to provide legal advice nor does it constitute a client-attorney relationship, therefore you should not interpret the contents as such.
Everything you need to know about self-directed IRA asset and creditor protection! Blog post: https://tinyurl.com/25wwbpth
Join us as we sit down with Bankruptcy Attorney, Darin Wisehart, to discuss the path of debts throughout the bankruptcy process, with a focus on how they're treated once a bankruptcy is filed.If you would like to speak with one of our attorneys, please call our office at (503) 227-0200, or visit our website at https://www.pacificcascadelegal.com.Disclaimer: Nothing in this communication is intended to provide legal advice nor does it constitute a client-attorney relationship, therefore you should not interpret the contents as such.
In this podcast episode, Bankruptcy Attorney, Darin Wisehart, explains the path of debts throughout the bankruptcy process, starting with how they're treated before a bankruptcy is filed.If you would like to speak with one of our attorneys, please call our office at (503) 227-0200, or visit our website at https://www.pacificcascadelegal.com.Disclaimer: Nothing in this communication is intended to provide legal advice nor does it constitute a client-attorney relationship, therefore you should not interpret the contents as such.
We sit down with Pacific Cascade Legal's Partner, Will Jones, to discuss the various types of money awards that might be ordered by a judge, and how long they last after a family law matter finalizes.If you would like to speak with one of our attorneys, please call our office at (503) 227-0200, or visit our website at https://www.pacificcascadelegal.com.Disclaimer: Nothing in this communication is intended to provide legal advice nor does it constitute a client-attorney relationship, therefore you should not interpret the contents as such.
Join us as we sit down with Bankruptcy Attorney, Darin Wisehart, to discuss who you pay in a Chapter 13 bankruptcy, and the details of what to expect from the process.If you would like to speak with one of our attorneys, please call our office at (503) 227-0200, or visit our website at https://www.pacificcascadelegal.com.Disclaimer: Nothing in this communication is intended to provide legal advice nor does it constitute a client-attorney relationship, therefore you should not interpret the contents as such.
Alex Pierson speaks with Duncan Dee, former chief operating officer at Air Canada, about how Lynx Air says its final flights will take place on Sunday as the company files for creditor protection, less than two years after the low-cost airline took to the skies. Learn more about your ad choices. Visit megaphone.fm/adchoices
Enjoy this encore presentation: Meryl chats with Rabbi Menachem Creditor about his insights as part of the recent UJA-Federation mission to Israel, the impact of October 7 on Jews throughout the world, and the global increase in antisemitism. They also discuss his new book, Am Yisrael Chai: Essays, Poems, and Prayers for Israel, which was published on October 17. Rabbi Menachem Creditor serves as the Pearl and Ira Meyer Scholar in Residence at UJA-Federation New York and was the founder of Rabbis Against Gun Violence. An acclaimed author, scholar, and speaker with over 3 million views of his online videos and essays, he was named by Newsweek as one of the fifty most influential rabbis in America. His numerous books and 6 albums of original music include the global anthem "Olam Chesed Yibaneh" and the COVID-era 2-volume anthology "When We Turned Within." His latest volume is Am Yisrael Chai: Essays, Poems, and Prayers for Israel which was published on October 17. Rabbi Creditor and his wife Neshama Carlebach live in New York, where they are raising their five children. Am Yisrael Chai Book: www.amazon.com/Am-Yisrael-Chai-E…rs/dp/B0CLS6W5FP/ Website: menachemcreditor.net/ UJA-Federation of NY: ujafedny.org/ Copyright by Authors on the Air Global Radio Network #AuthorsOnTheAir #AuthorsOnTheAirGlobalRadioNetwork #AOTA #Israel #TheLandOfIsrael #AttackOnIsrael #IsraelAtWar #October7 #October7Attack #antisemitism #HamasAttack #UJAFederationOfNY #UJAFederationIsraelEmergencyFund #NeshamaCarlebach #AmYisraelChai #EssaysPoemsPrayersForIsrael #JoanneFink #SholomoCarlebach #NewSurvivors #Hostages #Torah #NeverAgain #NeverAgainIsNow #Kristallnacht #TheHolocaust #PeopleoftheBook #MerylAin #TheTakeawayMen #Sequel #ShadowsWeCarry #LetsTalkJewishBooks #JewsLoveToRead!
US-style creditor-on-creditor violence spreading to Europe is a worry for loan investors, according to Camille McLeod-Salmon, portfolio manager at Fidelity International. “What we are focused on is this move that's in the US towards creditor-on-creditor violence — and the shift that you've had there — and that translating into Europe,” she said. London-based McLeod-Salmon talks to Bloomberg News' Lisa Lee and James Crombie and Bloomberg Intelligence's Aidan Cheslin in the latest Credit Edge podcast. There are opportunities for investors in the technology and chemical sectors, she adds, predicting high-single-digit returns in European leveraged loans. Also in this episode, BI's Cheslin weighs the outlook for Altice, which is shedding assets in a bid to reduce debt. The company has had to pay up to extend maturities and there's a risk of divesting crown jewels in pursuit of fresh cash, Cheslin says. See omnystudio.com/listener for privacy information.
In a rare interview, two Genesis creditors discuss their dealings with the lender and DCG, including the sales pitch that got them to give Genesis new loans after the 3AC debacle. Two Genesis creditors, BJ and Branden, who prefer to use pseudonyms for security reasons, spoke with Unchained about the alleged fraud by the crypto lender and its parent company, Digital Currency Group (DCG). The discussion is one of the first times Genesis creditors have spoken with a media organization about the situation. BJ and Branden explain how they gave more loans to Genesis after it took a $1.1 billion hit from the liquidation of Three Arrows Capital and how they then came to be members of the ad hoc group, a collective of Genesis customers who came together to try and save the company from bankruptcy. They talk about how they now want DCG to pay back the $1.1 billion it owes over a shorter timeframe and to pay back any Bitcoin in actual Bitcoin. The discussion with Unchained followed shortly after New York Attorney General Leticia James filed a lawsuit against Genesis, along with its parent company Digital Currency Group, and Gemini Trust. Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.Show highlights | What NYAG Letitia James alleged in the lawsuit against Gemini, DCG, and GenesisHow BJ and Branden became creditors of GenesisHow Genesis claimed it got into what it called a “liquidity mismatch”How, after the Three Arrows Capital collapse, BJ and Branden were reassured that Genesis had "no issues" and "was back to business" Whether the trading and lending units of Genesis were all part of the same company and why that distinction is important.What the difference is between the ad hoc group and an unsecured creditors committeeWhat the creditors are proposing in order to get their assets backWhy the creditors want to be paid in crypto, not in USDWhether the case will go to litigation and what Silbert can do to avoid itThank you to our sponsors! | Crypto.com | Arbitrum Foundation | Phemex| Popcorn NetworkGuests| Branden, Creditor of GenesisBJ, Creditor of GenesisLinks | Previous coverage of Unchained on Genesis and DCG:Genesis May Be Facing Bankruptcy. Could It Take DCG Down With It?Gemini vs. DCG Is Heating Up. Could Gemini Force Genesis Into Bankruptcy?$630M Due Next Week: Is DCG at Default Risk?NYAG LawsuitUnchained: NY Attorney General Sues Crypto Firms Gemini, Genesis, and DCG for Over $1 Billion FraudThe Block:DCG says it was 'blind sided' by NYAG suit in third quarter shareholder letterGenesis, Gemini, DCG disputesUnchained: Gemini Says DCG Missed $630 Million Payment Last WeekCameron Winklevoss Threatens to Sue DCG and Barry Silbert Over Delays in Genesis ResolutionDCG Calls Gemini Lawsuit a ‘Publicity Stunt' From Cameron WinklevossDCG Calls Gemini's Complaint a PR Campaign in Motion to Dismiss LawsuitFTX and Genesis Reach $175 Million Settlement, Resolving Complex DisputeDCG and Genesis Reach In-Principle Deal With CreditorsGemini and Genesis Creditor Groups Object to In-Principle Deal to Resolve BankruptcyGenesis Winds Down its US Spot Crypto Trading OperationGenesis Sues Parent Company DCG, Seeks Repayment of $600 MillionDCG Proposes Remuneration Plan That Could Enable Gemini Earn Users to Be Made WholeGenesis Winds Down All Crypto Trading Services: ReportGemini Pushes Back on DCG's Remuneration Proposal, Calling it an ‘Attempt to Bait' Earn UsersDisclaimer: Genesis and CoinDesk are both owned by DCG.Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Two Genesis creditors, BJ and Branden, who prefer to use pseudonyms for security reasons, spoke with Unchained about the alleged fraud by the crypto lender and its parent company, Digital Currency Group (DCG). The discussion is one of the first times Genesis creditors have spoken with a media organization about the situation. BJ and Branden explain how they gave more loans to Genesis after it took a $1.1 billion hit from the liquidation of Three Arrows Capital and how they then came to be members of the ad hoc group, a collective of Genesis customers who came together to try and save the company from bankruptcy. They talk about how they now want DCG to pay back the $1.1 billion it owes over a shorter timeframe and to pay back any Bitcoin in actual Bitcoin. The discussion with Unchained followed shortly after New York Attorney General Letitia James filed a lawsuit against Genesis, along with its parent company Digital Currency Group, and Gemini Trust. Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform. Show highlights: what NYAG Letitia James alleged in the lawsuit against Gemini, DCG, and Genesis how BJ and Branden became creditors of Genesis, including the role of the influence of MicroStrategy's Michael Saylor how Genesis claimed it got into what it called a “liquidity mismatch” how, after the Three Arrows Capital collapse, BJ and Branden were reassured that Genesis had "no issues" and "was back to business" whether the trading and lending units of Genesis were all part of the same company and why that distinction is important what the difference is between the ad hoc group and an unsecured creditors committee what the creditors are proposing in order to get their assets back why the creditors want to be paid in crypto, not in USD whether the case will go to litigation and what Silbert can do to avoid it Thank you to our sponsors! Crypto.com Arbitrum Foundation Phemex Popcorn Network Guests: Branden, Creditor of Genesis BJ, Creditor of Genesis Links Previous coverage of Unchained on Genesis and DCG: Genesis May Be Facing Bankruptcy. Could It Take DCG Down With It? Gemini vs. DCG Is Heating Up. Could Gemini Force Genesis Into Bankruptcy? $630M Due Next Week: Is DCG at Default Risk? NYAG Lawsuit Unchained: NY Attorney General Sues Crypto Firms Gemini, Genesis, and DCG for Over $1 Billion Fraud The Block: DCG says it was 'blind sided' by NYAG suit in third quarter shareholder letter Genesis, Gemini, DCG disputes Unchained: Gemini Says DCG Missed $630 Million Payment Last Week Cameron Winklevoss Threatens to Sue DCG and Barry Silbert Over Delays in Genesis Resolution DCG Calls Gemini Lawsuit a ‘Publicity Stunt' From Cameron Winklevoss DCG Calls Gemini's Complaint a PR Campaign in Motion to Dismiss Lawsuit FTX and Genesis Reach $175 Million Settlement, Resolving Complex Dispute DCG and Genesis Reach In-Principle Deal With Creditors Gemini and Genesis Creditor Groups Object to In-Principle Deal to Resolve Bankruptcy Genesis Winds Down its US Spot Crypto Trading Operation Genesis Sues Parent Company DCG, Seeks Repayment of $600 Million DCG Proposes Remuneration Plan That Could Enable Gemini Earn Users to Be Made Whole Genesis Winds Down All Crypto Trading Services: Report Gemini Pushes Back on DCG's Remuneration Proposal, Calling it an ‘Attempt to Bait' Earn Users Learn more about your ad choices. Visit megaphone.fm/adchoices
VOICEMAILS: Alone is a comfort show. Marrying a twin. Hairdresser for deceased ppl. Apologizing for drunk dialing us. Infinity Pool rules. Should you divorce someone who doesn't mind skipping episodes of a tv show? Why the life expectancy was so low back in the day. Tetris movie was apparently good. Melissa accidentally grabbed Lena Dunham's suitcase at JFK. Rollerblade Barbie sparking fires. Behind the scenes of taking food photos. Trying to book Gwyneth's Airbnb. Creditor saying ppl are dead to fuck with them. Webcrawlerspod@gmail.com626-634-2069Twitter / Instagram / Patreon / MerchSupport this show http://supporter.acast.com/webcrawlers. Hosted on Acast. See acast.com/privacy for more information.