debt reduction program

  • 1Debt overhang — is when an organization (for example, a business, government, or family) has existing debt so great that it cannot easily borrow more money, even when that new borrowing is actually a good investment that would more than pay for itself. This… …

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  • 2Debt settlement — Debt settlement, also known as debt arbitration, debt negotiation or credit settlement, is an approach to debt reduction in which the debtor and creditor agree on a reduced balance that will be regarded as payment in full.[1] Debt settlement is… …

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  • 3United States public debt — Part of a series of articles on Unit …

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  • 4United States Congress Joint Select Committee on Deficit Reduction — The Joint Select Committee on Deficit Reduction,[1] colloquially referred to as the Supercommittee, is a joint select committee of the United States Congress, created by the Budget Control Act of 2011 on August 2, 2011. The act was intended to… …

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  • 5Cancellation of Debt (COD) Income — Part of a series on Taxation Taxation in the United States …

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  • 6Home Affordable Modification Program — The Home Affordable Modification Program, also known as HAMP, is a federal program of the United States, set up to help eligible home owners with loan modifications on their home mortgage debt. It is being set up in the context of the ongoing… …

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  • 7Credit card debt — is an example of unsecured consumer debt, accessed through credit cards. Debt results when a client of a credit card company purchases an item or service through the card system. Debt accumulates and increases via interest and penalties when the… …

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  • 8Poverty Reduction and Growth Facility — The Poverty Reduction and Growth Facility (PRGF) is an arm of the International Monetary Fund which lends to the world s poorest countries. It was created in September 1999, replacing the Enhanced Structural Adjustment Facility.PRGF supported… …

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  • 9State Children's Health Insurance Program — The State Children s Health Insurance Program (SCHIP) – later known more simply as the Children s Health Insurance Program (CHIP)[1] – is a program administered by the United States Department of Health and Human Services that provides matching… …

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  • 10Poverty Reduction Strategy Paper — Poverty Reduction Strategy Papers (PRSPs) are in many ways the replacement for Structural Adjustment Programs, and are documents required by the IMF and World Bank before a country can be considered for debt relief within the HIPC programme.… …

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