New Hampshire lottery sales, particularly from online games, are surging during the pandemic, and with that increase comes a jump in another statistic the number of problem gamblers who seek assistance for a disorder that can destroy lives. The National Council on Problem Gambling received 443 calls to its 24-hour helpline (800-522-4700) from New Hampshire…
Reforms to small business insolvency rules are designed to relieve the debt burden on small businesses hit hard by COVID-19. Photo: File. Small businesses struggling with debt have been offered a lifeline through reforms to small business insolvency rules. The changes to Australias insolvency rules were designed to assist with restructuring and relieving the debt…
For debt consolidation, you should take a new loan with a lower interest rate, long repayment tenure, and no prepayment or pre-closure charges. People take loans to achieve their short- and long-term financial goals in anticipation that they will repay the debt in the future. While many are able to do so in time, some…
However, to be able to do so, a stressed MSME will require the approval of unrelated financial creditors who account for at least 25% of outstanding claims. Only debtors can trigger their own bankruptcy process under the special insolvency resolution framework for micro, small and medium enterprises (MSMEs), which the government and the regulator are…
Debt aid scheme directed at credit cards, personal loans BoT adds consumer loan solutions The Bank of Thailand (BoT) has added consumer loan solutions to cover debtors involved with the legal system through an online debt mediation scheme. The new debt aid scheme is designed for credit card and personal loan products, covering all different…
The government has rolled out a debt mediation programme for debtors having problems repaying debts in light of Covid-19. Deputy government spokeswoman Traisuree Taisaranakul said Prime Minister Prayut Chan-o-cha has instructed various agencies to help debtors by preventing them from missing repayments and suffering from its consequences on their work. The Bank of Thailand, the…
Dewa Housing Finance Corporation (DHFL) on Saturday posted a consolidated net loss of Rs 13,095.38 crore in the third quarter ended December 2020 against a net profit of Rs 934.31 crore in the year ago quarter. Sequentially, the company witnessed widening of net loss from Rs 2,122.65 crore in the second quarter ended September 2020.…
Chocolates and flowers may be Valentine’s Day staples, but they’re also among the easiest gifts you can give your special someone. Booking a getaway doesn’t require too much additional effort; however, it’s certainly more exciting and it doesn’t have to fall on February 14. No one has been travelling far to take a romantic vacation…
Our ref: FOI 20/21-159 Date: 26 January 2021 Dear, Re: Freedom of Information Act 2000 Thank you for your Email of 03 September in which you requested from the Insolvency Service: I am trying to find out some information on the number of Orders typically made under the provisions of the 1986 AIEDPO. I cannot…