LoanGifting allows student debtors to connect with their extended network of friends, family and employers to help pay down student debt. This fintech solution allows payment to be made direct to a student debtor’s loan, streamlining the repayment process and providing greater relevance to loan holders than 401k contributions for those employed. For the millions…
WIMBLEDON legend Boris Becker is in debt to the tune of 54 million pounds and is facing having his homes and personal property repossessed, according to German media. Magazines Stern and Bunte say the bankruptcy declaration in London three months ago was only the “tip of the iceberg” of what he actually owes. Getty –…
AdvertisementConstellation Enterprises Chapter 11 reorganization case has been converted to a liquidation under Chapter 7 in accordance with the September 27, 2017 order approving the Companys conversion motion. Advertisement As previously reported, The Debtors chapter 11 cases shall be convertedto cases under chapter 7 of the Bankruptcy Code, effective on October…
Sears Canada Inc.’s top executive is making a last-ditch attempt to avoid the company’s liquidation after a court-appointed monitor proposed asset sales that undercut his pending bid to keep some stores in business. A special committee of the Sears Canada board is weighing whether its executive chairman can keep a slimmed-down version of the retailer…
By RABECCA CHIPANTA and STEPHANIE KUNDA –FOUR Ndola City Council (NCC) employees have been apprehended for allegedly locking up the local authority offices in the early hours of Monday to protest delayed salary payments.Ndola Mayor Amon Chisenga named the employees as Nalcom Mupimpila, a senior systems analyst (management position), Warren Sinyangwe, a clerical officer under…
Drake & Scull International (DSI) has announced that it has successfully completed its capital restructuring program which started at the beginning of the fiscal year. The company also welcomed a AED500 million ($136.1 million) investment by Tabarak Investment which will enable DSIs new leadership to move forward with its operational plans. DSI said it plans…
President Donald Trumps visit to Puerto Rico on Tuesday showed a deep disconnect between his vision of the federal disaster response to the territorys devastation after Hurricane Maria and the reality being reported on the ground. Beyond his odd insistence that everything is going great, Trumps lecturing tone struck a nerve. He actually had the gall…
by Justin Sink President Donald Trump has suggested that the government debt accumulated by bankrupt Puerto Rico would need to be wiped clean to help the island recover from the devastation caused by Hurricane Maria. “We are going to work something out. We have to look at their whole debt structure,” Trump said in a…
An Australian male health company which promised to help men lose weight and increase their libido through testosterone “restoration” treatments has been fined $127,500 for unlawful advertising. Key points: Australian Male Hormone Clinic fined for misleading advertising The company promised weight loss and increased libido It’s the first corporation to be fined for health…
STEELY RESOLVE: AJ Ogilvy. Picture: Adam McLean THERE are few certainties in life apart from death, taxes and the Illawarra Hawks being written off ahead of another NBL campaign. The latter occurred in coach Rob Beveridges first season in Wollongong as the club came out of voluntary administration. That hastily assembled roster reached the semi-finals with…