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Credit and Debt

A collection of news and information related to Credit and Debt published by this site and its partners.

Top Credit and Debt Articles

Displaying items 61-72
  • Glendale, Pasadena lose to state again

    Glendale, Pasadena lose to state again
    A decision Wednesday from a Sacramento County Superior Court that will prevent cities from obtaining money with which to pay down redevelopment debt has left local officials disappointed and frustrated. Glendale had joined with Pasadena, Huntington Beach...
  • Five charged with ID theft

    Five men were charged Friday with multiple counts of identity theft after they allegedly used re-encoded credit cards to buy and resell gas for profit, police said. The men — Norik Tergalstanyan, 45, Arman Karapetyan, 24, Andranik Tashchyan, 57,...
  • City official knocks state payout

    After maneuvering through a tangled bureaucratic mess, Burbank and Glendale have received millions to pay down redevelopment-related debt obligations, although the amounts they received fell short of what city officials say is their fair share. In the...
  • Council Oks Veterans Village

    Council Oks Veterans Village
    Once slated for a multifamily housing project, to be built by an affordable housing developer that the city is now suing for fraud, a central Glendale site is on its way to becoming a “Veterans Village.” With a unanimous vote, the City...
  • Hollywood tax credit extension moves forward in California Legislature

    Hollywood tax credit extension moves forward in California Legislature
    California lawmakers gave initial approval Thursday to a proposed five-year, $500-million extension of the state’s film tax credit, despite opposition from teachers and others to giving Hollywood so much financial help when the state is cutting...
  • State film tax credit extension clears a hurdle but is scaled back

    Lawmakers gave a preliminary thumbs up to a two-year extension of California's film tax credit, a mixed result for Hollywood backers who had pressed for a five-year extension but were relieved to get more money given the state's budget crunch. By a 5-1...
  • Krikorian shrugs off cash woes

    Krikorian shrugs off cash woes
    The Republican candidate in the 43rd Assembly District who has touted himself as a “business conservative” extinguished more than $49,000 in credit card debt after he and his wife emerged from Chapter 7 bankruptcy protection, court records...
  • At public meeting, Greg Krikorian calls bankruptcy protection 'minor incident'

    At public meeting, Greg Krikorian calls bankruptcy protection 'minor incident'
    Greg Krikorian, a Glendale school board member challenging Assemblyman Mike Gatto in the 43rd district, defended his financial record Tuesday, calling the fact that he and his wife had to get through bankruptcy protection after incurring more than $49,000...
  • Ron Kaye: The restructuring of GWP

    Like dominoes tipping over, one after another, cities — first Vallejo, now San Bernardino, next Compton — are seeking relief from their fiscal incompetence and reckless irresponsibility by hiding behind bankruptcy laws that leave creditors and...
  • Glendale employees get fewer credit cards

    Glendale employees get fewer credit cards
    The number of credit cards held by municipal employees has dropped about30% as the amount of charges being billed has fallen even more, according to a recent city report. For the first quarter of 2012-13, the number of so-called procurement cards held...
  • Man on probation charged with identity theft

    A 21-year-old Burbank man faces identity theft charges this week after police found a re-encoded credit card in his home during a probation search. Gaik Panosian, who is on probation for identity theft, was arrested Tuesday after a Special Enforcement...
  • Bob Hope Airport faces tough times

    Bob Hope Airport faces tough times
    Thanks to the loss of an airline, declining parking revenues and fewer passengers using the airfield, Bob Hope Airport is facing one of its roughest budget years ever, officials reported this week. Airport officials also are staring at a multimillion-...