August 14, 2023

Gambling addiction fuels debt crisis among Thai manual labourers – Thaiger

GamblingBy Insolvency Advisory Accountants August 14, 2023

Photo courtesy of behavioralhealthnews.org The escalating gambling addiction among manual labourers is primarily fuelled by socio-economic challenges rather than personal enthusiasm for betting, according to social workers. Government agencies and NGOs alike are endeavouring to counteract this trend by offering rehabilitative intervention programmes. Pattamaporn Sooksomsod, an associate professor from Phra Nakhon Si Ayutthaya Rajabhat University,…

Statement from President Joe Biden on Student Loan Debt … – The White House

Debt HelpBy Insolvency Advisory Accountants August 14, 2023

On Day One of my Administration, I promised to fight for hardworking families and to fix problems in the student loan system that have been failing borrowers for too long. Im proud that my Administration is delivering on that promise and has already approved over $116 billion in debt cancellation for 3.4 million Americans no…

Bankrupt lawyer with $4.7m tax debt ordered to pay $55k security – AccountantsDaily

BankruptcyBy Insolvency Advisory Accountants August 14, 2023

A bankrupt Melbourne migration lawyer who moved to Romania while owing the ATO $4.7 million has been fined by the Federal Court as he attempts to appeal an earlier decision against him. Already have an account? Sign in below: Justice Michael OBryan ordered Florin Burhala to pay $55,840 into the court as security as he…

Patients in CA County May See Refunds, Debt Relief from Charity … – HealthLeaders Media

Debt HelpBy Insolvency Advisory Accountants August 14, 2023

Santa Clara Valley Medical Center billed patients and sent them to collections for charges they should not have been required to pay. This article was published on Monday, August 14, 2023 in KFF Health News. California’s largest public hospital plans to start notifying 43,000 former patients Monday that they may be eligible for refunds or…

M&A among Japanese companies jump 80% in domestic … – Nikkei Asia

RestructuringBy Insolvency Advisory Accountants August 14, 2023

TOKYO — Mergers and acquisitions between Japanese companies shot up around 80% on the year to 6.8 trillion yen ($47 billion) for the first half as corporate Japan focused on domestic business restructuring in a bid to lift stock prices. Major deals include a 2.1 trillion yen buyout of Toshiba by a Japanese investor group…

China Evergrande EV unit to issue fresh shares in restructuring plan – Reuters

RestructuringBy Insolvency Advisory Accountants August 14, 2023

Aug 14 (Reuters) – Embattled property developer China Evergrande Group (3333.HK) said on Monday its listed electric-vehicle arm has agreed to issue new shares to certain subscribers to ease loan burden and improve liquidity as part of its restructuring proposal. Under the terms, China Evergrande New Energy Vehicle Group (0708.HK) (NEV) will issue an aggregate…

All aboard the debt relief train – POLITICO – POLITICO

Debt HelpBy Insolvency Advisory Accountants August 14, 2023

With help from Doug Palmer and Meredith Lee Hill QUICK FIX The Agriculture Department is expanding loan forgiveness for distressed borrowers. And Deputy Secretary Xochitl Torres Small will lead a trade mission to Angola. Meanwhile, a group of Democratic lawmakers are pushing USDA to provide more outreach to women who have faced discrimination before the…

Making betting more accessible than education is a bad gamble – The East African

GamblingBy Insolvency Advisory Accountants August 14, 2023

By ELSIE EYAKUZE Education and regulations are why it is the governments fault that I am now forced to listen to conservatives blame women and youth for the ills of debt. Much of this debt now comes from gambling, for young men. For women, it comes in the form of small loans in various forms…

Katie Price 'genuinely doesn't care' about going to prison – Metro.co.uk

BankruptcyBy Insolvency Advisory Accountants August 14, 2023

Katie Price is at the end of her tether when it comes to her court appearances (Picture: Hoda Davaine/Dave Benett/Getty Images) Katie Price has shared her despair over the numerous court dates she has been faced with over her debt repayment after being declared bankrupt in 2019. A judge confirmed last month that the former…

Bankrupt CA hospitals could stay open under health chains – CalMatters

BankruptcyBy Insolvency Advisory Accountants August 14, 2023

In summary Two of the three troubled California hospitals are especially vital to their communities because theyre the only emergency providers in their rural counties. Health care chains could keep them afloat. Three California hospitals that declared bankruptcy earlier this year are hashing out deals that could bring back or save much-needed health care services…

Daily Archives: August 14, 2023