Bankrupt Gutnick grilled over debts exit Bankrupt former rich-lister “Diamond” Joe Gutnick has faced a court grilling over loans to a New York fraudster and Brooklyn-based community organisation. In a fiery examination at the Federal Court on Thursday, Mr Gutnick was challenged over the validity of two major debts declared in his bankrupt estate, including…
An expert who treated banned footballer Joey Barton for gambling problems claims the star is the tip of the iceberg. Therapist Steve Pope alleged betting is out of control within football and that players at clubs all over Britain are addicted. He said rich stars at the higher levels of the game routinely wager tens…
Dear Savvy Senior, What happens to a persons debt after they die? My mother has taken on a lot of medical and credit card over the past few years, and Im worried that my brother and I will be responsible for it when she dies. What can you tell me? Worried Daughter Dear Worried, ……
Caroline Hannigan organised a cross-country race to raise money for charity But when she got home she found her son being threatened by drug dealers She then decided to use the money to help pay off her son’s £1,000 debt Mrs Hannigan had worked in the primary school for 23 years By Luke Barnes…
The German Finance Ministry on Thursday said that no debt relief measures are being prepared for Greece, in answer to a report by Handelsblatt business daily, Reuters says. The German newspaper reported that Greeces creditors (the European Stability Mechanism, European Commission, European Central Bank and International Monetary Fund) are drafting a document with a series…
Empire Cos. on Thursday announced a major restructuring initiative at its Sobeys retail chain aimed at reducing annual expenses by $500 million a year by fiscal 202. Dubbed Project Sunrise, and set to begin immediately the transformation will allow Empire to reinvest in its business and grow its sales and bottom line, CEO Michael Medline…