The banks are getting rid of «rotten debt»
The banks are increasingly getting rid of «rotten debt» Banks sell defaulted loans, aka «rotten debt», to debt collection companies to a greater extent than before….
Debt
Solstad a step closer to solution of debt crisis
Solstad a step closer to a solution of the debt crisis Solstad a step closer to a solution to a NOK 30 billion debt knot. …
Debt settlement – get rid of what’s owed
Municipalities with the most debt settlement More and more people need debt settlement in order to reduce money owed, but there is disagreement about what…
Norway cuts Toll plaza debts by 500 millions
The state cuts Toll plaza debts by NOK 500 millions a year About 30 toll road projects in Norway are receiving cuts in their debt…
Impact of the guidelines on credit cards
This is the impact of the guidelines on credit cards for you The Finance Authority (Finanstilsynet) recently introduced updated guidelines regarding consumer loans and credit…
The time is about to run out for Seadrill
The time is about to run out for Seadrill Rig and Ship owner John Fredriksen is still prepared to go to court to secure refinancing…
Indebted Norske Skog offered refinancing
Indebted Norske Skog (Norwegian Forest) are offered refinancing Norske Skog has received two proposals for refinancing. Both entails that the existing shareholders will be left…
5 tips for those who have credit card debt
5 tips for those who struggle with credit card debt What characterizes a reasonable use of credit cards? We provide our five best tips for…
Debt problems growing in the oil counties
Debt problems growing in the oil counties The number of payment notifications increases in the oil counties in southern and western Norway, according to an…
NOK 100 000 in toll road debt
Several cannot pay for using toll roads. The Bailiff in Sandefjord has had people who owe NOK 100,000 in tolls. – We have several new…
Young people accrued 235 million in ‘inkassogjeld’ debt collected, high interest penalised, debt
Young Norwegians have accrued ‘inkasso’ (debt-collected) debt over the past year at an increased rate of 50%, rising to 235 million. Many lack an understanding…
Statoil’s debt grows
Statoil enters the New Year with rising debt, which limits its opportunities for growth. YS leader, Bjørn Asle Teige, said the company hopes to prioritize…
FSA concerned over increased leverage
Norwegian household debt is at a historically high level, and now rising far more than revenue, says the FSA (Finance Authority) who expects the debt…