The Biden administration has begun the process of creating a new plan for widespread loan cancellation and implementing the SAVE Plan, which will cut monthly payments to $0 for millions of borrowers. There will also be a 12-month on-ramp period to ease borrowers back into making payments. On June 30, the Supreme Court struck down…
The future of a major private hospital in the New South Wales central west has been secured but not without job losses. Key points: Ramsay Health Care buys Orange Private Hospital after it enters voluntary administration Six managerial staff members have lost their jobs, however all clinical staff have been retained The Australian Patients Association raises concerns about the…
The service will support prisoners with historical debt, such as any rent arrears, mobile phone or utility bill debts that they have incurred whilst being in prison as well as any debts that have built up through minimum payments with any credit cards not being met. The debt advice scheme offers one to one support…
Johns gambling addiction began when he was in his mid-20s. He had always enjoyed playing poker and other card games with his friends, but his interest in gambling soon became a full-blown addiction. John began spending more and more time and money gambling, often betting on sports games and horse races. Despite numerous losses, John…
The Insolvency Service Published 18 July 2023 Contents 1. Main Messages for England and Wales 2. Things you need to know about this release 3. Company and Individual Insolvencies in England and Wales 4. Company Insolvencies in Scotland 5. Company and Individual Insolvencies in Northern Ireland 6. Data and Methodology 7. Glossary Print this page…
As interest rates have risen and credit markets have tightened, many public companies formed via the de-SPAC process are trading far below their initial price. By some estimates, close to 100 of these companies lack sufficient liquidity to fund their current level of spending over the next year. To date, at least a dozen of…