STAFFORD, Texas, Jan. 03, 2024 (GLOBE NEWSWIRE) — Money Management International (MMI) wants consumers to know it can be a healthy, happy, and debt-free new year. The nonprofit is poised to help tens of thousands of people pay off credit card debt in 2024. An increase in holiday spending coupled with high inflation and increased…
SAN FRANCISCO With a large investor calling for Corbion NV to explore strategic alternatives, the company is committed to moving forward on a far-reaching restructuring program. While Amsterdam-based Corbion first announced the restructuring plan in October, launching it in response to soft weak financial results, details about the plan were shared in response to a…
Share this post: Chase announces a new partnership with the U.K.s leading debt advice charity, StepChange. This partnership builds on Chases existing vulnerable customer support and aims to help customers in difficult financial situations by providing them easy access to free, expert debt advice and recommended debt solutions. As of today, Chase specialists will direct…
There have been further problems for the troubled London Resort, the principal backer of which was last week declared bankrupt. Kuwaiti Abdulla Al-Humaidi is a leading contributor to the proposed 2.5bn London Resort close to Dartford in Kent. The project has been constantly stalled for several years, with one disaster after another, yet at one…
Reality TV star Teddy Briggs’ elaborate lifestyle appears to be crumbling, with fresh claims his e-commerce business was forced into liquidation, owing $600,000 to creditors. The former Love Island star, who recently appeared on Channel 10’s Amazing Race: Celebrity Edition, launched e-commerce business EcomConnect in 2020. The business promised ready-made online stores for clients to…
HONG KONG : Shanghai-based property developer CIFI Holdings said on Wednesday it has proposed five options with different maturity extensions and haircuts to its bondholders in an effort to restructure its $7 billion offshore debt. The debt revamp proposal, which also includes swapping part of the debt for equity, aims to halve the firm’s debt…
Taeyoung E&C’s headquarters in Yeouido, western Seoul [NEWS1] Taeyoung Engineering & Construction (E&C), Korea’s 16th-largest construction company, which recently filed for debt restructuring, will announce its restructuring plan at the first meeting with creditors on Wednesday. The meeting, which the company’s main creditor, Korea Development Bank (KDB), will host, will discuss the formation operation of the…