| Archivist: I Stole Papers to Pay Bills
A state archivist was charged Monday with stealing hundreds of artifacts _ documents representing "the heritage of all Americans," according to the history buff who found some of them on eBay _ to pay his household bills. Daniel Lorello, 54, is accused of taking the rare items from the New York State Library, including Davy Crockett Almanacs, Currier and Ives lithographs and the 1865 railroad timetable for Abraham Lincoln's funeral train. Authorities believe he hawked them for tens of thousands of dollars, using much of that to pay off his daughter's credit card debt. "This crime is especially repugnant, because it's dealing with historic documents," state Attorney General Andrew Cuomo said. "It's literally stealing the legacy of the state of New York page by page." Lorello, an archives and records management specialist in the New York Department of Education, pleaded not guilty Monday to charges of grand larceny, criminal possession of stolen property and scheme to defraud and was released on his recognizance.
Spending habits: Americans at all income levels tighten their belts
Until recently Shannon Palmer, like many Americans, spent money freely. She assembled a nice wardrobe, took four vacations a year, and ate out often. But now, as she listens to economists discuss the likelihood of a recession, she recognizes the need to get her own finances in order. "I'm young and I feel mostly secure in my job, but I have a good deal of debt on my back," says Ms. Palmer, a publicist in Andover, Mass. As a step toward fiscal responsibility, she has begun a "very aggressive" plan to pay off student loans, a car loan, and credit-card bills. She has also started to save. "This is a time for action when it comes to people taking responsibility for their personal finances," she says. "This is just the motivation I needed. It's forced me to look at things differently." Looking at things differently is a theme running through conversations of Americans at all income levels these days as they review their spending habits.
Kerry's drowning in debt
WAYWARD Kerry Katona is on the brink of going bust after blowing a fortune on cocaine, booze, partying and flash cars. Despite being on TV EVERY night in Iceland's I'm A Celebrity ads, the hard-up star is drowning in a tsunami of debt. The taxman alone wants 200,000 by the end of the year and if she can't find the money she's facing bankruptcy. In desperation Kerry and her husband, former drug dealer Mark Croft, have now hired a team of professional insolvency advisers to help them DODGE bankruptcy court, AVOID paying the huge sum, and DUCK 60,000 of loans and credit card bills. But the experts fear that is just the tip of the iceberg and the true total of the former Atomic Kitten's debts could top 1MILLION. Even with the Inland Revenue off her back, Kerryexpecting her fourth childcould STILL be made bankrupt by other creditors and lose her 1.2m home and fleet of luxury cars.
Crush your Credit Card Debt
It is not an exaggeration of fact that the recent decade has been witnessing an explosion in levels and numbers of credit card debt among the Britons. The relative ease of obtaining plastic money coupled with the anemic growth of wages has inspired more and more Britons to spend more than they make. Many of them are in a regular practice of living on borrowed money. It is easy to collapse under the pressure of crushing credit card debt. But smart people take some sensible steps to protect themselves and their credit worthiness. It is a myth that getting into debt is easy and getting out of debt is difficult. The loan that took only days or weeks to accumulate can take years or even decades to get rid of. You may be aware of the statistics of the BoE that a small credit card balance can take 30 years to pay off if only the minimum payment is made each month.
Debt Management: Reduce Financial Worries, have Smooth Life
Summary: Debt management plans help you to reduce your debt and interest burden and live a smooth life. These plans merge your entire debts into a single low-interest and borrower-friendly loan plan. People who are struggling to pay multiple credit card bills or feel being caught in the debt trap should opt for immediate and effective financial solutions. These people should consider the loan plans available in the UK financial market to avoid paying accruing interest charges. Those who continue to struggle with mounting credit card debts are simply wasting their hard-earned money, if they continue to battle with unrealistic interest charges. A simple loan plan could take away the suffocating effects of using plastic money. The rescuing options for people in such situations are opting for consolidation plans and availing effective debt advices as offered by several financial institutions.
Spending detox worth every penny saved
I loved blogging daily at MiamiHerald.com/business (The Frugalista Files) about my experience in spending detox. There were ups (realizing that I had leftover cash after paying both my rent and light bill in a single pay period) and downs (staying home Valentine's Day with no plans). But over all, this has been one of the best experiences of my life. After doing the no-buy month, I realized that I spent way too much and, more importantly, I could change my situation. Like me, many young consumers have a spending problem. According to cardtrak.com, the average credit-card debt per household with a card is $9,659. Many college students graduate with an average of $20,000 in student loan debt. I have both a credit card balance and a student loan to pay off. I want them gone, sooner rather than later.
Kerry's served with bankruptcy letter over her £1m debts
They warned her insolvency proceedings were going aheadand secured her two properties so they can be sold off to pay creditors. The big spending ex-Atomic Kitten singer and her husband, former drug dealer Mark Croft, have hired a team of insolvency advisors to help sort out their main debts. These comprise 700,000 claimed by the taxmanincluding an immediate 200,000 instalmentand 60,000 in loans and credit card bills. A close friend of the 27-year-old Iceland advert star said: "She was told she needed to pay 200,000 in tax by Christmas. She could lose everything." Yet last month Mark got a new 127,000 Ferraridespite having a Lamborghini, Aston Martin, Porsche 911 and Mercedes in the garage of their 1.2million home in Wilmslow, Cheshire. Now the property, where Kerry lives with Mark and her three daughters, could be sold to meet her debts.
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