Student loan borrowers seeking bankruptcy as millions in debts wiped due to insolvency – Stuff.co.nz

Bankruptcy

WARWICK SMITH/FAIRFAX NZ NZ Union of Students’ Associations president Linsey Higgins, left, says graduates abroad are struggling with interest-laden loans to the point of declaring bankruptcy. Overseas graduates declaring themselves penniless are among the 483 debtors whose $18 million in students loans have been wiped by bankruptcies. Inland Revenue has revealed the latest figures as the amount…

Jesse Osborne who gunned down father and schoolboys had been expelled for bringing in machete – Daily Mail

Bankruptcy

Jesse Osborne, 14, is alleged to have murdered his father then gone to the nearest elementary school and shot a teacher and two children  The teenager, of Townville, South Carolina, was expelled from his middle school because he brought a hatchet and machete to class  Detectives looking into whether boy, nicknamed ‘Little Jesse’ for his…

China State-owned non-ferrous metals group declared bankrupt … – China Daily

Bankruptcy

NANNING — State-owned Guangxi Non-ferrous Metals Group Co in South China’s Guangxi Zhuang autonomous region has been declared bankrupt, despite a nine-month restructuring push. According to an announcement published by the intermediate people’s court of Nanning City on Sept 12, the company had neither submitted a restructuring plan within six months of the court’s initial…

Masters website shuts down: The complexities of liquidating stock – SmartCompany.com.au

Bankruptcy

Masters Home Improvement customers have been contacting stores in confusion this week after the online product portal of the closing hardware chain ceased operation. Shoppers took to Facebook and store customer service lines to ask why they could no longer see advertised sale products or search for items on the chains main Facebook page. Masters advised…

Companies with assets of over 600 million euro in industry got into insolvency in 2016 – ACTmedia

Bankruptcy

Wednesday, September 28, 2016 The industry occupies the first place in the top of economic sectors marked by the procedure of insolvency between January August 2016 they accumulating approximately 45% of the total of insolvencies recorded at national level, according to an analysis made by CITR. The society with a portfolio of over 850 procedures,…

Over Half of Canadians are Concerned About Their Debt and are Now Living Within $200 a Month of Being Unable to … – Marketwired (press release)

Bankruptcy

MNP Consumer Debt Sentiment Survey reveals Canadians’ feelings and fears about their debt: – Fifty-six per cent now say they are $200 or less per month away from not being able to meet all of their bills or debt obligations each month. – Fifty-two per cent say they are concerned about their current level of…