What’s the best way to handle aggressive debt collectors? – Waterloo Region Record
Whats the best way to handle aggressive debt collectors? | TheRecord.com
Whats the best way to handle aggressive debt collectors? | TheRecord.com
Muhammad Arif, 57, from Uxbridge, has been made subject to 10 years of bankruptcy restrictions for claiming a 50,000 Bounce Back Loan to which he was not entitled. Arif had run a wholesale clothing business in west London, trading as Ayesha Boutique, from April 2012 until his bankruptcy in December 2021. In June 2020, he…
posted by Jason Kilborn The list of countries with new personal insolvency laws continues to grow. Bloomberg noted today that the President of Kazakhstan had signed a new law setting out several procedures for relieving the debts of non-entrepreneur individuals (sole proprietors remain relegated to the existing law on rehabilitation and bankruptcy). The text of…
Need to know Bankruptcy can have long-term impacts, and consumer advocates say it’s a decision that should only be made with independent advice A number of for-profit companies offer bankruptcy advice for a fee, but the bankruptcy regulator warns about ‘untrustworthy advisers’ Free and independent advice and help is available from the National Debt Helpline…
The direct economic impact of business failure will be significantly higher in 2023 compared to 2022 levels, PwC is predicting in its Q1 2023 Insolvency Barometer. PwC research estimates that there was 1.8bn of debt owing from businesses that failed in 2022 with the average debt per SME (excluding the larger companies) being c.2m. On…
The founder of Bonjour, a local cosmetics wholesale retailer, was declared bankrupt on Monday, with a subsidiary company of the corporation wound up. Wilson Ip Chun-heng, the 66-year-old founder of Bonjour Holding Limited, was announced bankrupt by the High Court today after he failed to present in court. The court heard that Ip owed more…
Bed Bath & Beyond (NASDAQ:BBBY) stock is soaring 29% in early trading and trending on social media, even though the retail chain is widely expected to be headed for bankruptcy. Some retail investors may be trying to turn BBBY stock into the next name that rallies for a while after going belly up. On Thursday,…
Jarrod Sierocki. Liquidator turned investigator Brendan Nixon. When you attribute some of the blame for the failure of your insolvency firm to measures imposed to curtail COVIDs spread, it shows a certain chutzpah to then utilise a key pandemic abatement feature in spruiking your new shop. So when an anonymous tipster advised iNO that Queensland-based…
In an update published yesterday (4 Jan), the lifeboat fund said that its investigations into Rowanmoor are continuing. “As well as the information from former customers of the firm, weare also gathering data and information from RPPL’s insolvency practitioners about the firm’s business. We are using this to consider the allegations made by former customers…
posted by Jason Kilborn The list of countries with new personal insolvency laws continues to grow. Bloomberg noted today that the President of Kazakhstan had signed a new law setting out several procedures for relieving the debts of non-entrepreneur individuals (sole proprietors remain relegated to the existing law on rehabilitation and bankruptcy). The text of…