Theres no panacea for the nations credit card debt but the Financial Conduct Authority is having a go at helping people languishing in continual debt. So-called persistent debt is a serious problem. Under the FCAs definition, credit card customers are in persistent debt if they have paid more in interest and charges than they have repaid…
Invest in RRSPs or other vehicles that are judgment-proof. If the worst happens you still have retirement funds The advice in this column is easy to put into place and will offer protection for personal assets in the case of a business failure. But taking it to an extreme, one could creditor-proof to the point…
Hamilton, Bermuda, April 4, 2017 – Seadrill Limited (“Seadrill or the Company”) announces today that it has reached agreement with its banking group to extend a series of key dates as part of the Company’s ongoing restructuring efforts. The Company has reached an agreement to extend the milestone to implement a restructuring plan from 30 April…
Legal Aid’s Julie Maron, Tahlena Galvin-Moule and Nicole Dwyer. Riverina residents worried about Centrelink debt notices can now have legal queries fast-tracked. Legal Aid has joined forces with community legal centres to give timely and independent legal advice for these people, including those who have received a so-called robo-debt or automated debt notice. Anyone calling LawAccess in relation to a Centrelink debt…