With household financial stress levels rising as a result of the economic impact of COVID-19, it would be a fair bet that debt management companies like FSA Group would be doing good business. But thats not the case. FSA released its 2019/20 financial report on Friday, disclosing a significant reduction in the number of consumers…
Getty Images Duco events director David Higgins speaks to media at a press conference in Auckland in 2017. Three companies owned by high-profile boxing promoter David Higgins have been placed into voluntary liquidation. The Companies Office shows Duco Promotions and associated companies Mammoth Events and Zenith Events, all owned and directed by Higgins, were placed…
Sports promoter David Higgins – best known for organising the Joseph Parker fights – has placed three of his subsidiary businesses into voluntary liquidation. It’s business as usual for his main companies, including Duco Events. Companies office records show Heath Gair of Palliser Insolvency was appointed liquidator of Duco Promotions, Mammoth Events and Zenith Events…
As we prepare for the possibility that the coronaviruspandemic may continue for longer than first anticipated, its become essential for brokers to find flexible ways to support customers lending requirements. With many banks and lenders adjusting their application assessment methods, borrowers may be finding it difficult to source the right finance, even if their circumstances…
Developing nation debt has more than doubled in the past decade and left more than 50 countries facing a repayment crisis, according to a campaign group. Data from the Jubilee Debt Campaign shows that even without taking full account of the impact of the coronavirus pandemic, there has been a sharp jump in the number…
Getty Images Duco events director David Higgins speaks to media at a press conference in Auckland in 2017. Three companies owned by high-profile boxing promoter David Higgins have been placed into liquidation. The Companies Office shows Duco Promotions and associated companies Mammoth Events and Zenith Events, all owned and directed by Higgins, were placed into…
The former owner of Wigan Athletic, Au Yeung Wai Kay, sought to put the club into administration before he had even completed his controversial takeover, key documents reveal. A new timeline of the Wigan takeover is pieced together in the written reasons detailing the rejection of an appeal against the clubs 12-point deduction for insolvency,…
A former Ferrari-driving businessman has declared bankruptcy after his four companies collapsed within eight months owing about 200 creditors $13 million. Sunshine Coast businessman Gordon Smith, who last year promoted his investment company as being “solid as a rock”, is unable to pay back the creditors of his four property development and wealth businesses, liquidators’…
Image copyright Getty Images Debenhams has appointed a firm to draw up contingency plans for a possible liquidation of the department store. The company, which is in administration, has hired Hilco Capital, a firm that specialises in winding up struggling retailers. Debenhams said it was “trading strongly” and Hilco’s appointment did not mean a liquidation…
The dilemma My partner and I have been together for two years and I could not be more in love with her. We spend our days laughing until our stomachs hurt. The problem is that she is 36 and a recovering gambling addict while I am 24 and have just recently graduated. She has accumulated…