Dinh Khuong Linh, 38, a resident of Vinh City in Nghe An Province, is facing charges of property theft, police said Sunday. Linh confessed to arming himself with a knife and storming into an Vietinbank branch office in the citys Cua Lo Town to commit the robbery. He said he intended to steal money to…
Dinh Khuong Linh, 38, a resident of Vinh City in Nghe An Province, is facing charges of property theft, police said Sunday. Linh confessed to arming himself with a knife and storming into an Vietinbank branch office in the citys Cua Lo Town to commit the robbery. He said he intended to steal money to…
Vancouver real estate lawyer Russell Sean McDonough admitted to misappropriating more than $8 million from client trust funds to cover his gambling debt. (Robert F. Bukaty/The Associated Press – image credit) A Vancouver real estate lawyer who admitted to misappropriating more than $8 million from client trust funds to feed his gambling addiction has been…
NEW YORK — For Americans who lacked savings prior to the pandemic, financial stress is rising. A combination of inflation, increased interest rates, and the end of pandemic-tied relief, such as the moratorium on student loan payments, has led to record credit card debt, experts say. In the third quarter of 2023, Americans held more…
The idea of getting out of credit card debt with bad credit can feel impossible, but there are lots of options to choose from. Getty Images Credit card debt can quickly become a financial burden and that’s true even for the most responsible cardholders. Not only has credit card debt been increasing in recent years,…
Breadcrumb Trail Links Columnists High borrowing costs of payday loans can lead to a cycle of debt and financial ruin. Best to avoid them, but get help if youre trapped. High borrowing costs of payday loans can lead to a cycle of debt and financial ruin. Best to avoid them, but get help if youre…
By Marc Jones LONDON (Reuters) – A new report has called for a radical global effort this year to help vulnerable countries fend off financial meltdown and climate change, including widespread debt relief and even a China-led version of the Brady Bond plan. The report by the Boston University Global Development Policy Center warned that…
If you’re overwhelmed by credit card debt, some types of debt forgiveness may be in reach. Getty Images Right now, the majority of Americans have credit cards in their wallets and more than one in three say they owe more to credit card companies than they have in emergency savings. But while card debt is common,…
Mumbai: The Mumbai bench of the National Company Law Tribunal (NCLT) has admitted listed infrastructure development company SKIL Infrastructure under the corporate insolvency resolution process (CIRP) following an application filed by its financial creditor Amluckie Investment Company.The tribunal has also appointed Purusottam Behera as its resolution professional. “The moratorium shall have effect from the date…
Consumer insolvencies rose sharply in 2023 as Canadians racked up credit card debt to keep up with the high cost of living, according to the results from a new study. The annual Joe Debtor study from insolvency trustee firm Hoyes, Michalos & Associates, published Monday, found that even higher-income people are now having difficulty managing…