Taking out a personal loan to pay off your debts is one easy way to consolidate your various high-interest debts into one monthly payment Debt consolidation is often associated with emails that land in your spam. But in reality debt consolidation, when offered by a reliable bank or specialised company, is a good financial tool…
European equity markets are broadly unchanged this morning as traders dont know which way to look. Geopolitical tensions have taken another turn lower after Saudi Arabia intercepted a missile attack yesterday. Rising tensions in the Middle East, and the possibility of a trade war breaking out, have left some investors sitting on the fence. The…
The Insolvency Petition filed against SEL Manufacturing, the first company under the Reserve Bank of Indias (RBI) second list to have been referred to the National Company Law Tribunal (NCLT), has now been admitted. SBI referred the case to Chandigarh Bench of the NCLT on October 12, 2017 under Section 7 of the Insolvency and Bankruptcy…
PUBLISHED: 14:30 13 April 2018 | UPDATED: 10:00 14 April 2018 Fashion chain Select will not axe jobs or stores as part of restructure. Picture: Dominic Lipinski/PA Wire High-street retailer Select will not close stores after creditors agreed to a restructuring plan which will save 2,000 jobs across the UK. The womens fashion chain, which…
GABORONE, April 11 (Reuters) – Botswanas High Court has taken Tati Nickel Mine out of provisional liquidation, dismissing a request for more time to negotiate with potential buyers, the liquidator said on Wednesday. Tati a subsidiary of the liquidated BCL mine group has since October 2016 been under provisional liquidation, which was twice extended after…
Actress Chloe Moretz’s father, McCoy Moretz, 59, declared bankruptcy in 2005 McCoy Moretz and Chloe’s mother and his then-wife Teri, owed millions to dozens of companies including banks, credit cards, auto firms, and stores When they declared bankruptcy, the couple, who have five children together, had debts of $5,487,891 The bankruptcy was discharged on February…
Piper Alderman welcomed a senior lawyer to the partnership today. Sarah Johnson, who is based in Sydney, has joined the national firms commercial law team. She moves from Kemp Strang, where she has been executive counsel since 2012. She made the move to Australia and Kemp Strang in 2006 when she joined the firm as…
The workforce at Linwoods Monaghan Road headquarters in Armagh will be reduced by 90 full-time employees. The company will also cease its van sales distribution business. Linwoods Health Foods and all contracted bakery production with the company would not be affected by the restructuring and redundancies, the company claimed. John Woods, joint managing director of…
Hopes of bankers of lesser haircuts along with resolutions of almost half of the 12 stressed assets under the insolvency proceedings, are close to realization in the next two months. Nearly ten months after the Reserve Bank of India identified 12 non-performing assets (NPAs), estimated to account for 25 percent of the gross NPAs of…
Peter Miller The Mortgage Reports Contributor Use debt consolidation to qualify for a mortgage carefully Consider the use of debt consolidation to qualify for a mortgage very, very carefully. Follow these tips to avoid being one of the 85 percent who fail debt consolidation. Debt consolidation can lower your debt payments, allowing you to qualify…