Warren and Sanders say cancelling student debt could help close the racial wealth gap for families. This startling graph shows they might be right. – Business Insider Australia

Bernie Sanders and Elizabeth Warren have both said eliminating student debt would help black families attain more wealth. Currently, black college grads from four-year schools take on $US7,400 more in loans than their white peers. A 2018 analysis by the Roosevelt Institute found that white families have 12 times the amount of wealth as black…

Jsw Steel Ltd. – Corporate Insolvency Resolution Process (CIRP)-Public Announcement – The Hindu BusinessLine

Our wholly owned subsidiary, JSW Steel Coated Products Limited (JSWSCPL) had submitted a resolution plan for Asian Colour Coated Ispat Limited (ACCIL), a company undergoing insolvency resolution process under the Insolvency and Bankruptcy Code, 2016 (Code). The Committee of Creditors of ACCIL has issued a Letter of Intent (LOI) dated 6th July, 2019 to JSWSCPL…

Credit Counseling May Help Reduce Consumer Debt – Eurasia Review

By the end of fourth quarter 2018, total household debt in the United States reached a new high of $13.54 trillion. A new Economic Inquiry study found that nonprofit credit counselingwhich reaches millions of consumers a year and provides financial education, individualized financial counseling, and debt restructuring servicescan be an effective strategy for addressing consumer…

Budget 2019: Welcome changes in fiscal laws, says Shardul Shroff – Business Standard

Clearly the cross-border insolvency law, consistent with the UNCITRAL Model with least intrusion into each countrys domestic insolvency laws, is imminently likely to be introduced as new law. The framework law for group insolvency and cross-border insolvency of group companies cannot be far behind, to tackle the realities of global insolvency. Personal insolvency,…

Bafna Pharmaceuticals Ltd. – Corporate Insolvency Resolution Process (CIRP)-Updates – Corporate Insolvency Resolution Process (CIRP) – The Hindu BusinessLine

Sub.:- Update on National Company Law Appellate Tribunal (NCLAT), New Delhi Order We would like to inform you that appeal filed by Saravana Global Holdings Limited against the Order dated 1st February, 2019 passed by the Adjudicating Authority (National Company Law Tribunal), Single Bench, Chennai in MA/71/2019 in CP/682/IB/CB/2017 with National Company Law Appellate Tribunal…

3 types of debt you can consolidate and how to make consolidation work for you – Bankrate.com

Yuricazac/ Shutterstock Debt consolidation is the process of combining multiple debts into one. Typically, when you employ this strategy you take out a new lower-interest loan and use it to pay off the balances on multiple high-interest accounts. Consolidating pricey debt into one, easy-to-manage account and payment can make sense for a lot of reasons.…