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debt

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FTC Hammers California Debt Collectors Accused Of Extortion, Humiliating Debtors

The debtor or a family member would often be told that if they don’t return a call within two or three hours, they will be served to appear in court. In reality, the debt collectors were just that – not process servers or legal workers – and there was no lawsuit at play.

08/01/2013

cal budget crisis

Report: California’s Actual Debt At Least $848B; Could Pass $1.1T

The combined debt of California’s state and local governments is at least $848 billion and could escalate past $1.1 trillion, according to a new report.

05/01/2013

Photo Credit: Thinkstock.com

What To Do With Your Tax Refund

Most tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking about what to do with the extra cash.

03/18/2013

man on phone

Call Kurtis: Debt Collectors Recorded Conversation And Twisted My Words!

Debt collectors are taking your words out of context, to make it sound like you agreed to pay back the debt.

02/13/2013

U.S. Speaker of the House Rep. John Boehner (R-OH) (Photo by Alex Wong/Getty Images)

Opinion: The Fourteenth Amendment Solution

Speaker John Boehner believes he holds a strong hand in fiscal cliff and debt limit talks. He is, once again, taking the global economy hostage and playing politics with the U.S. debt limit.

11/29/2012

Mitt Romney (Photo by Steve Pope/Getty Images)

Opinion: With Economics Intertwined With Foreign Affairs Romney Will Win The Final Presidential Debate

Romney’s ideas – if presented fresh and enthusiastically hopeful for America’s future – can be the final bump he needs to win this election.

10/22/2012

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Stockton To Be Audited Over Budget Deficit

State Controller John Chiang says he intends on getting the truth as to how the city of Stockton could be so suddenly in deep debt.

04/02/2012

Choose Calm

It’s been a tough few weeks. First, the crisis that threatened a history-making national debt default. Then, the dizzying drops of the Dow. This latest financial drama is playing out against an international backdrop of rioters […]

CBS13/CW31–08/10/2011

The California Capitol in Sacramento

Calif. Lawmakers Discuss Effects Of Federal Debt Deal

State lawmakers and policy analysts are trying to figure out how the tentative federal deal to cut $900 billion over the next decade could affect California and so far, it’s unclear.

08/01/2011

Gov. Jerry Brown Signs California Budget Cut Legislation

Gov. Brown Chips Away At Calif.’s ‘Wall Of Debt’

SACRAMENTO, Calif. (AP) — Gov. Jerry Brown says it’s time to start paying down California’s debt, which he calls a drag on the state and its economy. Including accounting gimmicks, temporary loans and delayed payments, […]

05/18/2011

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Local Debt Collectors Accused Of Making Threatening Phone Calls

Nobody likes getting a call from a debt collector. But one local company is getting called out for allegations of threatening phone calls and now we have the tape to prove it.

02/18/2011