Wisdom Debt Relief Introduces New Program to Empower Consumers in Tackling High-Interest Debt – Yahoo Finance Australia

Wisdom Debt Relief Tustin, CA, Feb. 14, 2024 (GLOBE NEWSWIRE) — Wisdom Debt Relief, a leading advocate for financial empowerment, is proud to announce the launch of its innovative debt resolution program aimed at assisting consumers in overcoming high-interest debts. With credit card debt in the United States soaring to unprecedented levels, Wisdom Debt Relief recognizes the…

IBBI amends norms to streamline, ensure more transparency in insolvency resolution process – The Economic Times

RegulatorIBBI has amended corporate insolvency resolution process norms, including making it compulsory to have separate accounts for each real estate project undergoing resolution and enabling the creditors’ committee to constitute a monitoring panel to oversee implementation of the resolution plan. “With an aim to increase transparency and reduce disputes over valuation-related issues, the amendment provide…

Over 8,000 student-loan borrowers getting $10.9 million in payments: CFPB – Business Insider

Economy Over 8,000 student-loan borrowers are getting $10.9 million in payments in the mail after a federal watchdog accused a debt relief company of charging them ‘illegal upfront fees’ Ayelet Sheffey 2024-02-16T15:32:24Z Share icon An curved arrow pointing right. Share Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to…

Winding-Up Petitions COVID-19 Temporary Restrictions Introduced by the Corporate Insolvency and Governance Bill … – Mayer Brown

A winding-up petition is one of the most critical pieces in a creditors armoury where a debt remains unpaid. However, in these challenging times, the government clearly wants to provide a temporary shield to companies who are unable to pay their debts due to COVID-19. Although the announcement by the UK Government on 23 April…

UK retail sales rebound after Christmas slump; company insolvencies rise business live – The Guardian

Good morning, and welcome to our rolling coverage of business, the financial markets and the economy. With Britain now in a technical recession, economic data will be closely scrutinised for signs that the downturn could be ending. And the latest retail sales figures, just released, show that retail sales across Great Britain grew at the…