There are ways to get out of $20,000 in credit card debt including debt relief programs and budget adjustments. Getty Images Credit card debt can be easy to get into but it’s often difficult to get out of. Building up credit card debt can be as simple as spending more than you can easily pay…
The consequences of bankruptcy can be devastating, as the Post Office scandal has laid bare. As dramatised in the ITV hit Mr Bates vs the Post Office, several former Post Office workers were forced to go bankrupt after they struggled to cover the fictional financial losses out of their own pocket or fight in court…
Croydon Council has declared bankruptcy for the third time in two years. Photo by Dan Kitwood/Getty Images. This article was originally published on 19 December. It has been republished following the news that Middlesbrough council needs emergency financial help to avoid bankruptcy. Today Nottingham City Council declared bankruptcy, becoming the latest local authority to issue…
NEW YORK (WABC) — For many people, the top of their New Year’s resolution list is “save more money.” A lot of us want to get physically fit and financially fit. You can start by tackling that crippling credit card debt. But, sky-high interest rates can make it impossible to chip away at those balances.…
BBC Lee Bottomley BBC News, West Midlands 1 hour ago The leader of a council has insisted it will not be declared effectively bankrupt while she is in charge. Stoke-on-Trent City Council has warned that without 44.7m in government support it faced closing numerous services in order to balance the books. It was “highly unlikely”…
The National Company Law Appellate Tribunal (NCLAT) on Thursday said former promoters and directors of a company going through insolvency process are not barred from submitting bids until they are ineligible under clauses of Section 29A of the insolvency law. The mere fact that someone was a promoter and director of a company going through…
BBC Lee Bottomley BBC News, West Midlands 9 minutes ago The leader of a council has insisted it will not be declared effectively bankrupt while she is in charge. Stoke-on-Trent City Council has warned that without 44.7m in government support it faced closing numerous services in order to balance the books. It was “highly unlikely”…
Most credit card issuers wont forgive all your outstanding debt, but they will work with you on repaying with a different payment plan. They may also negotiate with you on the total amount you owe if you are severely delinquent. You can take several different approaches to reducing what you owe in credit card debt,…
Unity continues to restructure, this time preparing for changes in its leadership. The founders of ironSource, an app monetization platform it acquired in 2022, will soon leave the company. Unity shared the news in an internal email obtained by Mobilegamer.biz, saying that all six ironSource founders Tomer Bar-Zeev, Omer Kaplan, Eyal Milrad, Arnon Harish, Tamir…