Crisis-hit council expected to cut vital services after being effectively declared bankrupt – Telegraph.co.uk

Bankruptcy

A crisis-hit council is expected to cut vital services after being effectively declared bankrupt. Northamptonshire County Council will meet today to discuss a radical cost-cutting proposal in response to its £70 million budget shortfall. Proposals to be discussed include redundancies and radical cuts to areas including childrens services, road maintenance and waste management. Anne Longford, the…

Personal bankruptcies on the rise, say new federal government figures – Newcastle Herald

Bankruptcy

NEWCASTLE and Wyong feature heavily in personal bankruptcy figures that show bankruptcies across the country are growing at a rate of almost six per cent a year, well above our population growth of under two per cent. June quarter figures released this week by the federal governments Australian Financial Security Authority show Wyong topping the…

Personal bankruptcies on the rise, say new federal government figures – Newcastle Herald

Bankruptcy

NEWCASTLE and Wyong feature heavily in personal bankruptcy figures that show bankruptcies across the country are growing at a rate of almost six per cent a year, well above our population growth of under two per cent. June quarter figures released this week by the federal governments Australian Financial Security Authority show Wyong topping the…

Personal bankruptcies on the rise, say new federal government figures – Newcastle Herald

Bankruptcy

NEWCASTLE and Wyong feature heavily in personal bankruptcy figures that show bankruptcies across the country are growing at a rate of almost six per cent a year, well above our population growth of under two per cent. June quarter figures released this week by the federal governments Australian Financial Security Authority show Wyong topping the…

Personal bankruptcies on the rise, say new federal government figures – Newcastle Herald

Bankruptcy

NEWCASTLE and Wyong feature heavily in personal bankruptcy figures that show bankruptcies across the country are growing at a rate of almost six per cent a year, well above our population growth of under two per cent. June quarter figures released this week by the federal governments Australian Financial Security Authority show Wyong topping the…

Barry Ferguson: Ex-Rangers captain with £1m debt discharged from bankruptcy – The Times

Bankruptcy

Barry Ferguson, the former Rangers and Scotland football captain, has had his bankruptcy order over debts of more than £1 million discharged. Ferguson, 40, was declared insolvent last year. Records from the Accountant in Bankruptcy, Scotlands insolvency service, show that he was discharged from his bankruptcy on July 21 after co-operating with his trustee. The…

Heat on the high street: The risks for a holding company when a subsidiary goes insolvent – Real Business

Bankruptcy

With the Company Voluntary Arrangement (CVA) of House of Fraser reportedly hanging in the balance, the well-publicised difficulties facing the retail sector are widespread. There have been significant criticisms made of CVAs, in particular in relation to complaints that they are being abused to avoid leasehold liabilities relating to unprofitable trading locations. The House of…