JUMP TO Section Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. National Debt Relief Overview How National Debt Relief Works How Much Does National Debt Relief Cost? How National Debt Relief Compares to the Competition National Debt Relief Frequently Asked Questions National Debt Relief Overview How National…
Home equity loans can help consolidate your debt, often at a lower interest rate than some alternatives. Getty Images/iStockphoto Home equity loans let you borrow against the equity you’ve built in your home. For example, if your house is worth $500,000 and you owe $300,000 on it, you’d have $200,000 in potentially tappable equity. “By…
New Delhi: Naveen Jindal-promoted Jindal Power Ltd. has approached the National Company Law Appellate Tribunal (NCLAT) seeking permission to submit a fresh resolution plan for the bankrupt Tuticorin Coal Terminal Pvt. Ltd. This comes after the company’s earlier proposal was refused submission by the Mumbai bench of the National Company Law Tribunal (NCLT) in…
A second South Australian construction company has collapsed in the space of a month as the industry faces increasing supply chain issues and labour shortages. Builder Wake Concepts, which was involved in the construction of the One Festival Tower in Adelaide’s CBD, went into liquidation today, as confirmed by documents on the Australian Securities Investments…
Reuters The Insolvency and Bankruptcy Code, 2016, is a law bringing together various earlier laws and regimes whereby a company in financial distress or difficulty could be admitted into Corporate Insolvency Resolution Process (CIRP) upon a case filed by an operational (typically unsecured trade creditor) or financial creditor (banks, NBFCs, lenders) or by itself. The…
The number of insolvent businesses in England and Wales has risen by over a third (33.6%) to hit a four-year high, with company directors heavily impacted by a mixture of long-term economic issues, director fatigue and creditor pressure. This is according to the Midlands branch of insolvency and restructuring body R3 and follows latest statistics…
The collapse of three businesses owned by a longstanding Adelaide construction company has left around 136 staff without jobs. Anthony Phillips from insolvency firm Heard Phillips Lieberenz, with heading up the liquidation of Wake Concepts, Wake Carpentry and Wake Construction Group Pty Ltd, which are all owned by the Wake Construction. In a statement Mr…
A popular Mexican restaurant company which has several stores across Australia has gone into liquidation. 4 Eyes Pty Ltd, which trades as Beach Burrito Company, went into liquidation on Monday according to documents filed with the Australian Securities and Investments Commission. It was resolved the company be wound up and that David Michael Stimpson &…
A struggling Mexican food chain is closing three of its New South Wales and ACT stores after going into liquidation. 4 Eyes Pty Ltd, formerly trading as Beach Burrito Company, went into liquidation on Monday, with the decision made to close Burrito Beach Co stores Newtown, Bondi, and Canberra. External liquidators David Stimpson and Hugh…