According to TransUnion, credit card debt in America has reached 90.6 billion dollars in the fourth quarter of 2022. Thats 18.5% higher than the year prior. With average credit card interest rates at 23.77 percent, according to a recent Forbes report, its easy to see why many Texans are struggling to pay $30,000 to $100,000…
The NCLT on Monday ordered the liquidation of Overnite Express after admitting the plea of its lender Deutsche Bank AG against a resolution plan submitted by a member of the debt-ridden company’s suspended board. While the Insolvency and Bankruptcy Code (IBC) bars promoters of a corporate debtor from submitting a resolution plan under the CIRP,…
In addition to the individual rankings, the firm as a whole received 18 rankings six of which were nationwide, with the remaining dozen spread across seven U.S. states. Tier 1 rankings in New Jersey, Pennsylvania Reed Smiths strongest suits overall were M&A and Restructuring and insolvency, followed by Banking. The firm received Tier 1 rankings…
More than 20 armed men stormed the head office of a bankrupt oil producer in East Siberia last week in the latest twist in a battle for control over a lucrative export project. Two videos distributed on Russian social media showed a group of armed men allegedly landing at the site by helicopter, searching and…
The NCLT on Monday ordered the liquidation of Overnite Express after admitting the plea of its lender Deutsche Bank AG against a resolution plan submitted by a member of the debt-ridden company’s suspended board. While the Insolvency and Bankruptcy Code (IBC) bars promoters of a corporate debtor from submitting a resolution plan under the CIRP,…
More than 20 armed men stormed the head office of a bankrupt oil producer in East Siberia last week in the latest twist in a battle for control over a lucrative export project. Two videos distributed on Russian social media showed a group of armed men allegedly landing at the site by helicopter, searching and…
If you dont pay an unsecured business loan, you risk damaging your credit score and reputation among lenders. Lenders can also impose late fees and penalties, adding to the amount owed. Ultimately, failing to pay the debt can lead to creditors taking legal action against you or your business. Not repaying a loan can lead…
More than 20 armed men stormed the head office of a bankrupt oil producer in East Siberia last week in the latest twist in a battle for control over a lucrative export project. Two videos distributed on Russian social media showed a group of armed men allegedly landing at the site by helicopter, searching and…
Annie Ashton By Simon Hare BBC News A man killed himself after suffering a relapse into his gambling addiction during the pandemic, his wife has told an inquest. Luke Ashton, who died aged 40 in April 2021, had run up gambling debts of 18,000 with several online betting firms two years before. His family fear…
More than 20 armed men stormed the head office of a bankrupt oil producer in East Siberia last week in the latest twist in a battle for control over a lucrative export project. Two videos distributed on Russian social media showed a group of armed men allegedly landing at the site by helicopter, searching and…