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  2. Argentine debt restructuring - Wikipedia

    en.wikipedia.org/wiki/Argentine_debt_restructuring

    Minister Alfonso Prat-Gay takes part in meetings with the IMF and the World Bank, shortly after the end of the default.. The Argentine debt restructuring is a process of debt restructuring by Argentina that began on January 14, 2005, and allowed it to resume payment on 76% of the US$82 billion in sovereign bonds that defaulted in 2001 at the depth of the worst economic crisis in the nation's ...

  3. Treaty of Versailles - Wikipedia

    en.wikipedia.org/wiki/Treaty_of_Versailles

    The government of Adolf Hitler declared all further payments cancelled in 1933, and no further reparations payments were made until after the defeat of Nazi Germany in the Second World War. Germany finally paid off its debts under the Versailles treaty, which had been reduced by 50% at the 1953 London Debt Conference, in 2010. [157]

  4. Debt of developing countries - Wikipedia

    en.wikipedia.org/wiki/Debt_of_developing_countries

    On 11 June, agreement was reached to write off the entire US$40 billion debt owed by 18 Heavily Indebted Poor Countries (HIPC) to the World Bank, the International Monetary Fund and the African Development Fund. The annual saving in debt payments amounts to just over US$1 billion.

  5. Unsecured debt - Wikipedia

    en.wikipedia.org/wiki/Unsecured_debt

    Credit Card Debt – Credit card debt arises when you use credit cards for purchases, cash advances, or balance transfers. It's one of the most common forms of unsecured debt. Interest rates on credit card balances are typically high, especially if you only make minimum payments.

  6. Statute of frauds - Wikipedia

    en.wikipedia.org/wiki/Statute_of_frauds

    Contracts in which one party becomes a surety (acts as guarantor) for another party's debt or other obligation. Contracts for the sale of goods totaling $500.00 or more. In an action for specific performance of a contract to convey land, the agreement must be in writing to satisfy the statute of frauds. The statute is satisfied if the contract ...

  7. Pay off debt or save? Expert tips to help you choose - AOL

    www.aol.com/finance/pay-off-debt-save-expert...

    Examples include an emergency fund, a down payment on a home or a car, or a vacation fund. Preparing for economic challenges in 2024. ... It’s never too late to start saving and paying off debt ...

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