July 13, 2017

Women ‘increasingly more likely than men to become insolvent’ – Belfast Telegraph

BankruptcyBy Insolvency Advisory Accountants July 13, 2017

Women increasingly more likely than men to become insolvent BelfastTelegraph.co.uk Women are increasingly more likely than men to see their finances deteriorate so badly that they become insolvent, official figures show. http://www.belfasttelegraph.co.uk/news/uk/women-increasingly-more-likely-than-men-to-become-insolvent-35927060.html http://www.belfasttelegraph.co.uk/news/uk/article35927056.ece/93453/AUTOCROP/h342/bpanews_ee413f97-41f3-482c-a538-6eab6e04bb29_1 Email Women are increasingly more likely than men to see their finances deteriorate so badly that they become insolvent, official figures show.…

6% increase on new company start-ups per month – The Avondhu Press (press release)

BankruptcyBy Insolvency Advisory Accountants July 13, 2017

Almost 1,900 new company start-ups (1,878) were formed, on average, each month in the first half of 2017, an increase of 6% compared to the same period last year. Bar June, company start-ups were up every month compared to 2016 including by almost 20% in January and 9% in April. When combined with new business…

Women ‘increasingly more likely than men to become insolvent’ – AOL UK

BankruptcyBy Insolvency Advisory Accountants July 13, 2017

Women are increasingly more likely than men to see their finances deteriorate so badly that they become insolvent, official figures show. The rate of female insolvencies across England and Wales first overtook that for men in 2014 – and since then the insolvency gender gap has widened. In 2016, for the first time, women were…

Debt Repayment Tips Shared By National Debt Relief – Benzinga

Debt HelpBy Insolvency Advisory Accountants July 13, 2017

Debt repayment is the other half of the process whenever take on debt and with the way consumers are piling up debt amounts, repayment is increasingly becoming an important part of the discussion. This is one of the reasons why National Debt Relief recently published an article titled “9 Ways To Save And Repay Debt”…

Macau Junket Lobby Head Convicted Again Over Debtor Website – Gambling Compliance (subscription)

GamblingBy Insolvency Advisory Accountants July 13, 2017

The head of junket lobby the Macau Gaming Information Association (MGIA) has received another suspended jail sentence, this time for defaming two people on his defunct name-and-shame website over unrecovered VIP gambling debt. The Court of First Instance last week sentenced MGIA chairman Charlie Choi, 45, to six months in prison and ordered him to pay 20,000…

I Hid Bills Under My Bed – HuffPost UK

BankruptcyBy Insolvency Advisory Accountants July 13, 2017

Gail Porter, the television presenter and former model, was declared bankrupt at the beginning of this year following two years in hospital. Here, in an exclusive vlog for HuffPost UK she talks about how less work meant she could not keep up with her bills, how she resorted to hiding them under her bed and…

Brisbane reseller Tech Project saved from administration after offering to repay some of $1m tax debt – CRN Australia

LiquidationBy Insolvency Advisory Accountants July 13, 2017

Brisbane IT solution provider Tech Project has pulled itself out of administration after creditors approved the director’s deed of company arrangement (DOCA). Creditors have accepted an arrangement where the directors will pay back $375,000, which works out to be 11-15 cents in the dollar, according to a report to creditors. Tech Project’s claimed debts amounted…

Nurofen maker accused of making $365 million of tax ‘disappear’ – NEWS.com.au

RestructuringBy Insolvency Advisory Accountants July 13, 2017

In the lead up to this week’s election Waleed Aly gives an insight on company tax cuts. Courtesy: The Project/Network Ten The maker of Nurofen has defended its global tax arrangements. Picture: Kirsty Wigglesworth AS DONALD Trump so aptly put it, minimising your tax bill is the smart thing to do in business. But his…

Stake sales, leaner structure could brew up some cheer for Tata Global Beverages stock – Moneycontrol.com

RestructuringBy Insolvency Advisory Accountants July 13, 2017

Anubhav Sahu Moneycontrol Research Tata Global Beverages Ltd (TGBL), a relative laggard in the FMCG sector, is likely to catch the attention of serious investors thanks to its various restructuring initiatives. This stock could benefit from Tata Sons initiative of unwinding cross-holdings in group companies, which would help TGBL raise funds. There is also a…

Lawyers Council jettisons member for allegedly cheating client – The Nation

BankruptcyBy Insolvency Advisory Accountants July 13, 2017

Council vice president Major Sombat Wongkamhaeng, who also chairs the Thai Bars committee on legal aid, said Pisits name was also struck from the list because hed been declared insolvent in 2004. Council representatives accompanied Porntip Chantharat and her wheelchair-bound daughter Pattarada Beam Kaewpong to a Bangkok court on Thursday to file a civil…

Daily Archives: July 13, 2017