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Transcripts for FOXNEWS Fox News at Night 20240604 04:09:00

and they are not able to pay it off, not only the balances are growing but the rate is getting faster and faster as the interest charge grows every single month. that s the thing, the double whammy. you know a year down the road all of a sudden people are struggling and credit card debt goes up and they re defaulting on a lot of these things. exactly. ej, great to see you. we have breaking information on two stories tonight, one involves a criminal who should not have been out in jail. let s begin with the grand jury, new york. this case is again bringing attention not only to the crime crisis but also the reality of so many repeat offenders being back on the street. matt fin is on the west coast tonight. good evening. reporter: good evening, trace, 53-year-old, father of

Planning for the Interest Charge on Installment Sales: Decanting a Grantor Trust? | Rivkin Radler LLP

I recently encountered an interesting situation in which someone suggested that a grantor trust be decanted into a non-grantor trust before the end of the taxable year. The reason? To.

Transcripts for BBCNEWS Crisis in Care 20211208 03:40:00

the four seasons story is that they have been struggling now for a while repaying their debts. 2017, the four seasons group had about £29,000 of debt per care home bed that they operated. and the interest charge per bed per week was £1118. so, at that time about 20% of the average weekly fee was going on interest payments. if you take that interest payment off, it is a big chunk of money. what do you think about that? i know my dad was funded, but they are taking money out of his pot to pay off their interest. eventually the four seasons group was unable to pay the interest on some of its debt. in 2019, two key companies in the group were placed in financial administration. part of the debt is unlikely to be paid back, but the group still effectively

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