By Shekhar Aiyar, John Bluedorn, and Romain Duval Growth in the euro area rebounded earlier this year, but it remains fragile, while risks have increased. Now is a good time for euro area economies to strengthen their ability to weather any future economic difficulties. A new IMF staff paper looks at the resilience of euro…
Bruce McClary of the National Foundation for Credit Counseling discusses debt elimination scams, credit scores, and ways consumers can find help to deal with financial problems. Copyright 2019 Federal News Network. All rights reserved. This website is not intended for users located within the European Economic Area. Read the full article at: https://federalnewsnetwork.com/of-consuming-interest/2019/06/avoiding-scams-when-seeking-debt-relief/
JOHOR BARU: A family here is living in fear due to the constant harassment from a debt collector, believed to be over a refrigerator they bought 11 years ago. The victim, who only wanted to be known as Salina, 55, from Larkin, claimed that her husband bought the fridge in 2008 before going missing eight…
The Dalgaranga operation. Image: Gascoyne Resources. Latest News Gascoyne Resources administrators have decided to continue operating the Dalgaranga gold mine in Western Australia during its administration process. The administrators aim to maximise the chances of Gascoyne continuing its existence, which is considered a better outcome than immediate liquidation for creditors. Gascoyne administrators, who are senior…
As many as 17 developers have been brought under the corporate insolvency resolution process before the National Company Law Tribunal (NCLT), Chennai. Liquidation orders have been passed against three builders, Antony Projects P. Ltd, LCS City Makers P. Ltd and RRP Housing P. Ltd, said NCLT Chennai in response to an RTI query. The responses…
New Delhi [India], June 15 (ANI): German multinational conglomerate ThyssenKrupp AG has appointed Premal Desai as the new Chief Executive Officer for its steel division to oversee the restructuring of business after the collapse of a proposed joint venture with Tata Steel in Europe. Desai has been Chief Financial Officer of ThyssenKrupp Steel Europe AG…
German multinational conglomerate ThyssenKrupp AG has appointed Premal Desai as the new Chief Executive Officer for its steel division to oversee the restructuring of business after the collapse of a proposed joint venture with Tata Steel in Europe. Desai has been Chief Financial Officer of ThyssenKrupp Steel Europe AG since 2015 and was previously…
This is in continuation of our earlier intimation dated 07th June, 2019, the Resolution Professional of the Company has submitted the resolution plan of Kals Distilleries Pvt. Ltd, as approved by the committee of creditors under sub-section (4) of section 30, with Honble National Company Law Tribunal, Jaipur Bench for approval under section 31 (1)of…
A decade ago, Beau Humphreys was in deep financial trouble. At 28 years old, he had $40,000 CAD worth of high-interest debt, which was more than he made in a year. He racked up a lot of that debt through online gambling. Humphreys went through periods where he got his debt down to $35,000 only…
Notice for the 13th Meeting of Committee of Creditors of Southern Online Bio Technologies Limited (under Corporate Insolvency Resolution Process) under the provisions of The Insolvency and bankruptcy Code, 2016 read with Insolvency and bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations 2016.Day & Date: Monday, 17th June, 2019Time: 4.00 P.MVenue: Bank…