There has been a massive spike in people making voluntary contributions to their Higher Education Loan Program (HELP) debts before they rise significantly. Key points: Voluntary HELP repayments for this financial year have jumped almost 60 per cent ATO warns people need to make HELP repayments by May 25 to beat indexation hike There will be a…
(This May 18 story has been corrected to say that the company will reduce its global workforce by 30%, not the U.S. workforce, in paragraph 1) (Reuters) – TuSimple Holdings Inc said on Thursday it will cut 30% of its global workforce under a restructuring as the autonomous driving technology company looks to preserve its…
Valtteri Bottas is helping save the KymiRing circuit in his native Finland from collapse, after it recently declared bankruptcy. The facility was completed in 2019 and can host both MotoGP and Formula 1 races, but the track was hit with issues when it tried to host its first events due to the COVID-19 pandemic. Plans…
High levels of unsecured debt can quickly become a nightmare and impact different areas of your life. From damaging your credit score to financial strain, lawsuits and frequent calls from collection agencies, unsecured debt is a significant course for concern when it becomes unmanageable. Thankfully, you can get much-needed relief from unaffordable unsecured debt through…
‘If you want the truth, join me’: Katie Price announces new career move with sister Sophie as her bankruptcy hearing draws near By Sean O’grady For Mailonline Published: 18:40 AEST, 20 May 2023 | Updated: 18:45 AEST, 20 May 2023 Katie Price has announced a new career move as … Read the full article at:…
On Friday, the National Company Law Tribunal (NCLT) dismissed IDBI Banks petition to seek insolvency against media giant Zee Entertainment, finding that the petition was barred by Section 10A of the Insolvency and Bankruptcy Code (IBC). Section 10A provides that no financial and operational creditors may apply to any debtor to initiate a Corporate Insolvency…
(MENAFN– Trend News Agency) BAKU, Azerbaijan, May 20. Azerbaijan’s Gunay Bank OJSC, whose license was revoked by the Central Bank of Azerbaijan (CBA) on May 16, has been declared bankrupt, trend reports. This decision was made by the Baku Commercial Court. According to the decision, the Azerbaijan Deposit Insurance Foundation was appointed as the liquidator…
Disclaimer: This is sponsored content. All opinions and views are of the advertiser and does not reflect the same of KSHB. Credit card debt is a common issue for many Americans. Fortunately, there is a solution to help manage and reduce credit card debt, known as credit card consolidation. This involves combining all your credit…
Go First may have been the first airline in India to file for protection under Section 10 of the Insolvency and Bankruptcy Code (IBC) but not the first globally to undergo insolvency in 2023. It filed for a voluntary corporate insolvency resolution process (CIRP) under Section 10 of the IBC on May 3, 2023. The…
The Insolvency Services of Ireland (ISI) has seen visitors to its debtor-focused website double in the first three months of 2023, with industry sources linking much of the spike to borrowers whose loans were sold to overseas investment funds in the wake of the financial crisis and are now facing above-the-odds interest rates. The number…