Councils declaring bankruptcy Since 2018 8 council have declared bankruptcy including 4 in the past 15 months which are, Woking, Nottingham, Birmingham and Thurrock. Almost 1 in 10 councils in England have warned that they will go bankrupt in the next 12 months due to financial trouble. A survey based on 160 responses from 128…
After paying off around $20,000 in credit card debt six years ago, Shonnita Leslie hasn’t used a credit card since. “I was more than happy to cut them up,” the 40-year-old tells CNBC Make It. But she didn’t always feel that way. Growing up, Leslie’s mom “loathed” credit cards, she says. Leslie began receiving credit…
Tennis legend Boris Becker has been discharged from bankruptcy court in London after a judge found the German had done “all that he reasonably could do” to repay creditors tens of millions of pounds. Becker fell far short of repaying his creditors in full, but Chief Insolvency and Companies Court Judge Nicholas Briggs said on…
German tennis star and coach Boris Becker has been discharged from bankruptcy thanks to a successful appeal to an insolvency court. The six-time Grand Slam champion was declared bankrupt in 2017 with total debts of around 50 million. The court would sentence Becker to jail time after he was found to have hidden assets from…
Hard-up Katie Price has come up with a new plan to get the money rolling in – flogging personalised messaged to fans for an eye-watering amount. The mum-of-five was declared bankrupt for a second time earlier this year over an unpaid six-figure tax bill The former glamour model, who was also announced as insolvent in…
By Megan Howe Published: 00:05 AEST, 2 May 2024 | Updated: 00:52 AEST, 2 May 2024 Three-time Wimbledon champion Boris Becker is no longer bankrupt after seven years, as a High Court judge said he had done ‘all that he could reasonably do’ to meet his financial obligations. The… Read the full article at: https://www.dailymail.co.uk/news/article-13370937/Wimbledon-legend-Boris-Becker-no-longer-bankrupt-High-Court.html
LONDON — German tennis legend Boris Becker was discharged from bankruptcy court in London after a judge found Wednesday he had done all that he reasonably could do to repay creditors tens of millions of pounds. Becker fell far short of repaying his creditors nearly 50 million pounds ($62.5 million) he owed, but Chief Insolvency…
The Dutch city of Arnhem is going to cancel the debts of some of the poorest families in the Netherlands in an attempt to break a health-crushing downward spiral and give people a fresh start. Earlier this month, municipal officials began knocking on doors in the Immerloo II district, one of the poorest neighbourhoods in…