Just before getting married two years ago, I learned that my husband had a serious gambling debt and couldnt pay his share of the wedding. I was financially secure then and covered it. His parents promised theyd pay me back. Theyre retired and very rich, with multiple properties around the world. But their repayment came…
bengaluru, July 28 Insolvency & Bankruptcy Board of India (IBBI) Chairman M S Sahoo today said the new Insolvency and Bankruptcy Code provided the ultimate economic freedom,the freedom to exit, and described it as the “biggest” economic reform in recent years. The code seeks to consolidate and amend laws relating to reorganisation as well…
Insolvency figures fall after record highs last year BelfastTelegraph.co.uk The number of people going insolvent between April and June has eased back from record highs last year, official figures show. http://www.belfasttelegraph.co.uk/business/news/insolvency-figures-fall-after-record-highs-last-year-35976719.html http://www.belfasttelegraph.co.uk/business/news/article35976718.ece/2ba8c/AUTOCROP/h342/PANews%20BT_P-bdd751e9-c9cd-4e52-9758-aa729bda70e0_I1.jpg Email The number of people going insolvent between April and June has eased back from record highs last year, official figures show. Some…
KINGPIN: Kirk Lawton in handcuffs after his arrest in July, 2015. He told Newcastle District Court on Friday that he started selling drugs to help his son, Beau, who is also a drug dealer, clear a $50,000 drug debt. FORMER Newcastle boxer and rugby league player Kirk Lawton says his motivation for supplying large amounts…
The ex-Scotland and Rangers captain was declared insolvent after failing to settle large bills thought to be owed to the taxman. He is one of a number of former Ibrox stars who faced paying back money they had received in Employee Benefit Trusts (EBTs) after Rangers lost a battle with HMRC at the Supreme Court…
Costs for many homebuyers have jumped by up to 150 basis points over the past 12 months and are expected to continue rising even if low inflation means an official rate hike from the Reserve Bank of Australia is unlikely in the near term. Owner-occupier borrowers are paying between 30 and 40 basis points more…
With nearly half of SMEs having more than $20,000 in overdue invoices tying up their cash flow, business owners must be more proactive in mitigating the risk of late payments and bad debts, writes Damian Arena and Kirk Cheesman. Its not surprising cash flow and bad debt keep many business owners awake at night. After all, unpaid…
TUESDAY BancorpSouth Inc. is dissolving its bank holding company, merging its operations with its banking subsidiary, BancorpSouth Bank. BancorpSouth will remain a publicly traded company, continuing to be listed on the New York Stock Exchange under its current symbol, BXS. Most banks have bank holding companies, or BHCs, which allow them to enter into non-banking…
Adelaide Friday July 28, 2017 EXCLUSIVE | The crisis-hit state Returned and Services League has staved off closure after creditors voted for a property fire sale today but that was despite the organisations National board spectacularly voting for liquidation, InDaily can reveal. The despair of the shrinking newsroom … Read the full article at: http://indaily.com.au/news/local/2017/07/28/rsl-national-voted-liquidate-state-branch/