GEORGE HEARD/FAIRFAX NZ Configure Express in Centre Place, Hamilton, closed in June last year. A company behind troubled gym franchise Configure Express has gone into liquidation, just months after losing an employment dispute and being ordered to pay more than $23,000. Rem Global, previously named Figurex, was put into liquidation on June 23, according to Companies…
Ive been speaking to everyone from politicians to the press about debt and credit lately and its sparked something of a national debate about whether the UK is facing a debt bubble. Through our users at Resolver, its clear that theres a lot of people worrying about their finances. This doesnt mean people have overspent…
Most people think you have to be a big spender before racking up large debts. This is not always true, as some borrowers will attest. A small debt, if left unattended, can fester like a wound and grow slowly into a financial monster. And lots of small purchases on credit can add up to become…
More than 13,000 people in Singapore are paying off their unsecured debts through debt repayment programmes with banks or Credit Counselling Singapore (CCS). Of this total, 2,617 people are on the new Debt Consolidation Plan (DCP), which was rolled out by 14 financial institutions in January. CCS, which offers the Debt Management Programme (DMP), was…
NEW DELHI: Bankruptcy proceedings could soon be initiated against a dozen more companies, in addition to the 12 firms that are already undergoing insolvency proceedings. A final decision will be taken by the Internal Advisory Committee (IAC) of the Reserve Bank of India. The companies that the IAC will consider include Jai Balaji Industries, Nagarjuna…
GEORGE HEARD/FAIRFAX NZ Configure Express in Centre Place, Hamilton, closed in June last year. A company behind troubled gym franchise Configure Express has gone into liquidation, just months after losing an employment dispute and being ordered to pay more than $23,000. Rem Global, previously named Figurex, was put into liquidation on June 23, according to Companies…
by: Debbie Lord, Cox Media Group National Content Desk Updated: Jul 1, 2017 – 12:44 PM “; var imageDivId = “#”+”imageDisplayModal_545716734”; if ($(“.reveal-modal-bg”).length == 0) { $(“#wrapper”).after(“”); } if ($(imageDivId).length == 0) { $(“#wrapper”).after(contentText); } Sears stores across the country will be holding liquidation sales Friday. The chain is trying cost-cutting measure to survive, according…
Avoca Handweavers ratcheted up more than 4 million in restructuring and related costs in its last full year ahead of its sale to US contract catering giant Aramark. The food and lifestyle luxuries retailer, which was formerly owned by the Pratt family, employs more than 800 people across 12 locations in Ireland. The company fell…
MUMBAI/KOLKATA: Resolution professionals, a key constituent of bankruptcy proceedings under Indias new law, are caught between term loan lenders who want sick companies to be liquidated and working capital lenders who favour restructuring the company, four people dealing with resolution of sick companies told ET. The trouble might be that the law does not make…
By Eve Buckland For Mailonline Published: 03:08 +10:00, 2 July 2017 | Updated: 03:41 +10:00, 2 July 2017 e-mail 2 View comments She’s had a rough few weeks after her tennis superstar husband was declared bankrupt. And a casually clad Lilly Becker, 41, looked pensive as she left an alfresco lunch in Ibiza before heading…